Principal Engineer

Job Description

Job Title: Principal Engineer

Corporate

Title:

Director

Location: London

Principal Engineer – Director position with Bank of America. This role focuses on designing, developing, and maintaining large‑scale risk applications for the Financial Instruments and Commodities (FICC) lines of business.

• Analyze business requirements and design solutions within the target architecture.
• Lead more junior developers, providing technical direction and mentorship.
• Engage fully in the development lifecycle, including supporting UAT and regression testing.
• Deliver high‑quality, elegant and maintainable Python code.
• Collaborate with Middle Office, Front Office, Business Supervision Officers, and Finance teams to build risk applications.
• Participate in agile development practices (XP, SCRUM, Kanban) and continuous integration pipelines.
• Ensure solutions meet large‑scale platform standards and distributed architecture requirements.

• Solid years of software engineering experience.
• Experience in technical design with a strong background/track record of delivering solutions.
• Excellent problem‑solving, design, development, debugging, and complex technical problem solving skills.
• Strong understanding of programming paradigms such as distributed architectures and working with large data sets.
• Experience developing, testing, and delivering complex software requirements to achieve business goals.
• Solid knowledge of contemporary development processes, build environments and testing tools.
• Ideally 5+ years of experience in the Financial Services industry.
• Good working knowledge of front‑office risk in any business within Global Markets.
• Degree in Computer Science, Physics, Engineering, Mathematics or a related analytical degree.
• Knowledge or experience of agile development (e.g. XP, SCRUM, Kanban) and continuous integration.
• Excellent written and verbal communication skills with the ability to work closely with other technology teams, business groups including trading, finance, technology and middle office.
• Team player, self‑motivated and proactive.

• Private healthcare for you and your family with an annual health screen.
• Competitive pension plan, life assurance and group income protection cover.
• 20 days of backup childcare and 20 days of backup adult care per annum.
• Flexible benefits package, including a wellbeing account, travel insurance and critical illness coverage.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Employee Assistance Program for confidential support.
• Payroll donation matching for charities of your choice.
• Access to an Arts & Culture corporate membership program with discounted entry to cultural institutions.
• Opportunities to volunteer in local communities and develop new skills.

Bank of America is an equal opportunities employer and ensures that no applicant is subject to less favourable treatment on the ground of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio‑economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Good conduct and sound judgment are essential to our long‑term success. All employees must understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.