Software Engineer III- GBS IND- R

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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 Banking & Markets division serves mid- to large-sized corporations and institutional clients worldwide. It is comprised of Business Banking, Global Commercial Banking, Global Corporate & Investment Banking, Global Markets and Wholesale Credit. Aligned with these client-facing groups are Global Capital Markets and Global Research. The Shared Technology Platforms is a portfolio under the GBAMT Strategy, Architecture and Core Platforms portfolio. The portfolio is responsible for designing, building and maintaining high performing software systems that are used by the Global Banking and Markets Technology employees globally. These are Technology for Technology tools that cater to varying project management needs including but not limited to forecasting, hiring, resource lifecycle management etc.

The Hotrod ETT EMEA team supports the Global Equity Trading business within BAML’s Global Market and Investment Banking group. On a given day in London, the Equities Electronic Trading desks executes between $4 billion worth of shares on a quiet day to as high as $8 billion on a busy day. The Emea Equities Electronic business enjoys a significant share of the market, consistently ranking as one of the top 5 brokers in all major European markets and holding the number 1 spot in Swiss, Warsaw and Tel-Aviv Exchanges.

The Equity Trading has become increasing important part of trading and has contributed to ease of accessing markets, venues and liquidity.

Key attribute of an electronic trading platform include:

• Fill automation of order intake ,validation and execution
• Little to no sales and trading intervention required.
• Real time monitoring to enable intervention when order execution is failing to perform as expected
  
  

Major components of electronic trading and latencies are

• Market Access - Sub-Millisecond
• Client Connectivity - 100s of Millisecond
• Algorithm Engine - Sub Millisecond
• Smart order Router - 100 Millisecond
  
  

Job Description:

The job requires working on either of the above components in Electronic Trading. The role requires performing design and development on any above applications

Responsibilities

The acumen would be working on the development of front office applications in the ETT space.

Requirements

• Education: B.E./B.Tech/M.S./M.Tech with good academic scores from top-tier colleges/universities
• Certifications if any- NA
• Experience Range: 5 - 12 yrs
  
  

Foundational Skills

• 5 - 12 years in Development in Core Java.
• Good knowledge on Algorithms and Multi-Threading
• Familiar with JVM
  
  

Desired skills:

• Good analytical skills, enthusiastic, interest in programming / ability to grasp investment banking concepts
  
  

Work Timings- 11:00 AM – 8:00 PM

Job Location- Mumbai/ Chennai