Job Description:
About Us
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview:
Global Markets Technology (GMT) and Global Payments Solutions Technology (GPST) groups provide end-to-end technology solutions for Global Banking and Markets businesses including Treasury, Trade Finance, Payments, Transaction Banking, Equities Trading, Prime Brokerage, Fixed Income, Currencies, Commodities, Derivatives and Structured Products.
GMT & GPST groups have around 8000 resources in India and is involved in delivery of tech solutions for 1400+ applications. The group primarily delivers architecture, design, development, management, implementation and support using a wide range of technologies. The Delivery teams are doing extensive work in several regulatory, strategic and initiatives programs. In addition, the group has also established a strong partnership with the GBAM operations team in India to deliver automation and functional enhancements to the applications they are using.
Job Description:
This role is responsible for defining and leading the engineering approach for complex, mission‑critical US Payments – Wires solutions at the program or portfolio level. The Principal Engineer drives engineering excellence across Fedwire, CHIPS, SWIFT MT/MX, ISO 20022, routing, settlement, investigations, and exception‑handling platforms. They continuously improve the design, quality, performance, and reusability of the solution while delivering technology enablers that accelerate modernization and development efficiency across the wire ecosystem.
As a domain and engineering expert, the Principal Engineer acts as a key technical authority for high‑value wire processing, message transformation pipelines, real‑time routing logic, resiliency and failover design, and regulatory‑driven enhancements. They guide teams, influence architectural direction, and mentor engineers to strengthen technical competency across the organization. The role also partners closely with Architecture, Compliance, Fraud, Operations, and Product to ensure implementations meet regulatory, operational, security, resiliency, and performance requirements expected of a Tier‑1 payment rail.
A critical focus for this role is to design and build modern microservices around a vendor payment platform using Java/Spring Boot, Kafka, Oracle, Angular, and a modern containerized/cloud deployment model (Docker, Kubernetes, CI/CD pipelines, and cloud infrastructure).
Responsibilities:
- Hands-on experience in running and managing large-scale banking technology groups with specific exposure to Corporate Treasury, Payments and Trade Finance Domains would be extremely crucial.
- Strong exposure to agile development, solution architecture and transforming / reengineering applications will be important.
- Strong experience working in diverse team setup including but not limited to Business, Operations etc.
- Experience identifying, proposing and driving continuous improvement solutions across various payments teams.
- Driven and supported the management of strategic workforce imperatives, organizational initiatives, employee networks and diversity goals.
- Strong conduct culture, continuous learning and accountability within the organization.
Requirements
Education: B.E./B. Tech/M.S./M. Tech with good academic scores from top-tier colleges/universities
Certificates if any: NA
Experience Range: 15– 20 yrs.
Foundational Skill:
- 15+ years of hands‑on software engineering experience, including building and supporting mission‑critical systems.
- 5+ years working in high‑value payments, preferably in US Wires (Fedwire, CHIPS) and/or SWIFT cross‑border payments.
- 7+ years of hands‑on experience with Java and Spring Boot building microservices for mission‑critical, low‑latency systems.
- 5+ years of technical leadership experience (Feature Lead / Tech Lead / Senior Engineer) leading delivery for a small to mid‑sized engineering team.
- Experience with event‑driven architectures using Kafka (topic design, consumer groups, streaming patterns, integration with back‑end services).
- Solid experience with Cockroach (or similar Distributed Database) including schema design for payments, performance tuning, and transactional integrity.
- Knowledge of wire processing workflows including initiation, compliance screening, enrichment, routing, settlement, exception handling, and investigations.
- Experience designing and deploying services using containers (Docker) and Kubernetes, including configuration, scaling, and rollout strategies, preferably on a cloud or private‑cloud platform.
- Ability to ensure solutions meet regulatory and compliance requirements (OFAC, AML, sanctions, risk controls).
- Expertise applying architectural patterns, integration design, event‑driven or microservices patterns, and modern engineering frameworks.
- Strong hands‑on experience developing automated test suites, ensuring coverage across MT/MX message validation, schema compliance, routing logic, performance, and resiliency.
- Experience setting up and maturing CI/CD pipelines with automated quality gates, schema validations, regression packs, and safe deployment controls for mission‑critical systems.
- Ability to troubleshoot and resolve complex technical issues across distributed systems, including message parsing failures, routing defects, latency issues, or integration errors.
- Excellent mentoring, communication, and collaboration skills to support engineering teams and influence technical direction across architecture, product, operations, and compliance partners
Desired skills:
- Experience in driving transformation initiatives and foster a culture of innovation.
Job Location: Mumbai/Hyderabad/Chennai
Work Timings: 11:00 am –8:00 pm general shift. Flexible to accommodate specific needs.
