Principal Engineer - Payments Modernization

Principal Engineer - Payments ModernizationJersey City, New Jersey;Charlotte, North CarolinaTo proceed with your application, you must be at least 18 years of age.Acknowledge (Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.Acknowledge (Refer a friendTo proceed with your application, you must be at least 18 years of age.Acknowledge (Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.Acknowledge (Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description:This job is responsible for defining and leading the engineering approach for solutions at the program or portfolio level, to deliver significant business outcomes. Key responsibilities include continuously improving the design, quality, and reuse of the solution and delivering technology enablers that improve development efficiencies for the solution. Job expectations include familiarity with at least one area of engineering, acting as a "go to" reference across the organization, and applying knowledge to improve technical competencies through recruitment and development activities.Responsibilities: Develops the engineering approach for the entire program/portfolio solution and works with Architecture, to develop/analyze/deliver the implementation of technical enablers Leads the planning, definition, and design of the complex features which span multiple teams and explore solution alternatives Creates ideas on designing complex technology and solution development approaches Leads the technical oversight for teams in solution development including design reviews and code within own domain Defines the technology tool stack for the solution within ranged of internally approved and supported technologies Explores state-of-the-art technologies to improve development efficiencies, quality of test/QA coverage, and release management Leads and is responsible for the end-to-end test strategy/creation/adherence, and the integration between teams for a program/portfolio solution Position Summary:We are seeking a highly experienced and technically proficient Principal Engineer to join our team in building a next-generation wire payment processing platform hosted on AWS. This role blends leadership and architecture, requiring deep expertise in modern technologies and payment systems. In this role, you will be responsible for designing, implementing, and optimizing cloud solutions that drive our business forward and meet our clients' evolving needs.The ideal candidate will have strong experience in leading teams working in cloud platforms (AWS, Azure, or GCP), Java, Node.js, Oracle, Kafka, and RabbitMQ .This role demands a strong understanding of payment systems including Wire, ACH, and RTP, and the ability to lead teams through complex technical challenges.Leverage domain and technical expertise to set direction and drive project execution. Foresee and proactively address risks, issues, and dependencies. Work with business, operations, internal technology teams, and with vendor partners to ensure successful project delivery. Summarize, create presentations, and present initiative-specific, compelling, executive-ready presentations conveying the strategy, business case, and recommendations to Senior and Executive Leadership across product, operations, technology, and compliance. Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues. People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance. Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team-work. Required QualificationsFifteen plus years experience with: Designing and implementing scalable, secure, and cost-effective AWS cloud architectures Migrating on-premises applications and data to the AWS cloud Creating and maintaining CloudFormation templates for infrastructure management Ensuring compliance with industry standards and regulations Collaborating with clients and internal teams to gather requirements and develop solutions Optimizing existing cloud infrastructures for performance and cost-efficiency Providing technical leadership and mentoring to team members Recent experience tackling complex challenges in distributed data systems using Java (Enterprise Edition), Oracle SQL, and Python. Experience using Java/J2EE technologies to develop scalable enterprise-grade applications, libraries, and frameworks. Designed and developed solution architecture to scale backend systems with Spring framework, Spring MVC, and RESTful APIs. Hands-on experience with messaging systems like Kafka and RabbitMQ. Utilized DevOps technologies for CI/CD including Ansible, Jenkins, JFrog, and Git. Designed and implemented database development on Oracle Exadata. Proven experience in leading and mentoring a team of engineers. Strong understanding of software development, testing, deployment, and support using agile methodologies. Expert-level proficiency in Java Enterprise Edition and related frameworks (e.g., Spring, Hibernate) and advanced SQL. Excellent written and verbal communication skills. Ability to write specifications and design documents. Desired Qualifications Domain expertise in payment systems including Wire, ACH, RTP. Knowledge of ISO 20022 messaging standards. Exposure to event-driven architecture and distributed systems. Understanding of regulatory and compliance requirements in financial services. Experience with observability tools like Splunk, Prometheus, and Grafana. Knowledge of financial products data such as Equities, Fixed Income, and Derivatives. Agile/Scrum certification or experience working in agile environments. Skills: Automation Influence Result Orientation Stakeholder Management Technical Strategy Development Application Development Architecture Business Acumen Risk Management Solution Design Agile Practices Analytical Thinking Collaboration Data Management Solution Delivery Process Shift:1st shift (United States of America)Hours Per Week:40Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.View your "Know your Rights (" poster.View the LA County Fair Chance Ordinance (.Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Created: 2026-03-04