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Bank of America

Investment Banking · Corporate Banking

Senior Technology Manager - Commodity Index Platform Lead

New York$135.9k–$220k/yrPosted 4 days ago
Software engineeringSeniorFull Time
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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 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! Job Description: This job is responsible for building and leading a team to deliver technology products and services that meet business outcomes. Key responsibilities include developing a technology strategy, ensuring technology solutions comply with applicable standards, promoting design, engineering, and organizational practices, and advocating and advancing modern, Agile solution delivery practices. Job expectations may include coaching, mentoring, providing feedback and hands on career development, identifying emerging talent, fostering leadership skills, and managing stakeholders. Job Profile Summary: BofA Commodity Technology is seeking a Senior Technology Manager to manage a 10–15-person engineering team supporting the global Commodities Index desk. This leader will partner directly with traders, sales, and quantitative research to design, build, and evolve the commodity index platform —primarily within our proprietary Quartz platform. The ideal candidate brings deep experience in commodity index and derivatives with a track record of delivering complex, distributed systems.. Responsibilities: Builds and manages teams by performing financial activities to inform workforce strategy and hiring practices, setting and tracking maturity and quality objectives, and training employees/teams to address feedback and achieve quality and performance objectives Facilitates performance and career development of employees/teams through performance reviews, coaching, and creating development plans that are needed to build competencies and skills Manages solution delivery and application performance in production (app health, resiliency, performance, security, enterprise data management standards, audit exams and reviews), ensuring all relevant risk, financial, and compliance policies are met Manages relationships with business and technology partners and leads and creates followership in Communities of Practice in the organization Contributes to the technology strategy for their technical domain Creates an inclusive and healthy working environment and helps to resolve organizational impediments/blockers Ensures that execution is aligned with product strategy by working with product management and other stakeholders Lead & Grow a High-Performing Team (10–15 engineers): coach, set goals, and cultivate a collaborative, front-office–centric culture. Engage the Desk Daily: partner with trading, sales, and quants to translate strategies and models into robust, production-grade systems prioritizing high-impact desk outcomes. Architect & Build on Quartz: drive end-to-end engineering of Commodity Index platform in partnership w/ peers and quantitative partners; modernize components and eliminate technical debt. Deliver Real-Time Risk: implement and support intraday risk for commodity index and derivatives. Support Pre‑Trade & Client Connectivity: help define and support future strategic pre-trade and client connectivity implementations Production Excellence: help ensure production stability - monitoring, alerting, incident response, root-cause analysis, capacity planning, release management, and change control. Managerial Responsibilities: This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above. Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals. Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement. Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions. 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. Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions. Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization. Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team work. Required Qualifications: Leadership: 7-10+ years in software engineering with 5+ years leading front-office–facing teams delivering to trading/sales; proven people leadership across hiring, coaching, and performance management. Communication: the presence and clarity to engage senior business stakeholders, translate requirements, and negotiate priorities under time pressure. Domain Expertise: Commodities: deep knowledge of commodity index construction/maintenance and commodity derivatives (futures, options on futures, swaps), curve/term-structure dynamics, spreads/calendars, seasonality, and risk sensitivities/Greeks. Risk Systems: hands-on experience building real-time risk/pricing and analytics platforms used on trading desks; strong grasp of PnL, VaR, stress, scenarios, intraday limits, and pre-trade checks. Quartz / Python / ReactJS: extensive development experience with Python for distributed services/analytics (ideally in Quartz or a similar platforms), and ReactJS for rich, trader-focused UIs. Agile Development: CI/CD, automated testing, code review, secure coding, and change management in a regulated environment; familiarity with build pipelines and artifact management. Desired Qualifications: C#/.NET for legacy components and migration strategy. Experience with commodities venues and data (e.g., ICE, CME, LME, Bloomberg/Refinitiv) and pricing libraries. Prior hands-on work with quant libraries and collaboration with quants. Master’s in Computer Science, Engineering, Mathematics, or related field or equivalent professional experience. Minimum Education Requirements: Bachelor's degree or equivalent professional experience. Skills: Influence Risk Management Solution Design Stakeholder Management Technical Strategy Development Analytical Thinking Application Development Collaboration Result Orientation Solution Delivery Process Agile Practices Architecture Automation Data Management DevOps Practices Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540) Pay and benefits information Pay range $135,900.00 - $220,000.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve. Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - https://careers.bankofamerica.com/en-us/pay-transparency Privacy Statement - https://careers.bankofamerica.com/en-us/privacy-notice

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