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Bank of America

Principal Engineer

London
Posted 1 day ago
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Principal Engineer

Job Title: Principal Engineer

Corporate Title: Director

Location: London

Company Overview:

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!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Team:

Welcome to the Horizontal Risk team. We are a team based across 4 regions of London, Dublin, New York, and Mumbai but all focused on supporting the Global Markets business across the Globe. We work on a blend of initiative projects covering some of Global Markets biggest programs of work as well as business and market driven changes and supporting the smooth running of the systems day to day in partnership with our support team. The London team consists of 7 people currently (but looking to expand further) and we work closely with our teams in Dublin and Mumbai. We also work closely with other Front office Risk teams in the wider Global Markets technology team. We provide all new joiners with a comprehensive training plan which is a mixture of online resources, support from colleagues, training sessions, and hands-on learning that will help grow your skill set further and gain domain knowledge. Some of our highlights over the last few years have been building an intraday risk platform for trading and providing enhanced and simplified cross asset finance reporting.

Role Description:

We are looking for highly motivated and experienced hands-on Principal Engineer with proven ability writing elegant and maintainable python code as well as investment banking experience in the global markets space. The member will be working closely with various technology teams and business partners (Middle office, Front office, Business Supervision Officers, Finance) to build out Risk application for the FICC lines of businesses.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

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Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

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Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

Responsibilities:

  • Analysing business requirements and design solutions in the target architecture.
  • Technically leading more junior developers.
  • Fully engaged in the development lifecycle of the project including supporting UAT and regression testing.

Skills Required:

  • Experienced in technical design with a good background of delivering large scale platforms.
  • Excellent problem-solving, design, development, debugging skills and enjoys solving complex technical problems.

What we are looking for:

  • Solid years of software engineering experience.
  • Experienced in technical design with a good background/track of solutions delivery.
  • Excellent problem-solving skills, design, development, debugging skills and enjoys solving complex technical problems.
  • Good understanding of programming paradigms such as distributed architectures and working with large data sets.
  • Develop, test, and deliver complex software requirements to accomplish business goals.
  • Solid knowledge of contemporary development processes, build environments, and testing tools.
  • Ideally solid 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 relevant analytical degree.
  • Knowledge or experience of agile development (e.g., XP, SCRUM, Kanban) and continuous integration.
  • Excellent written and verbal communication skills with ability to work closely with other technology teams, business groups including trading, finance, technology, and middle office.
  • Team player, self-motivated, and proactive.

Benefits of working at Bank of America:

  • UK

At Bank of America, we strive to prioritize employees’ health and wellbeing – it’s what makes us a Great Place to Work.

  • Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner.
  • Competitive pension plan, life assurance, and group income protection cover if you become unable to work as a result of a disability or health reasons.
  • 26-weeks paid maternity leave, 16-weeks paid paternity leave, and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.
  • The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work, etc.
  • Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan.
  • Access to an Employee Assistance Program for confidential support and help for everyday matters.
  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
  • Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
  • Opportunity to give back to your community, develop new skills, and work with new groups of people by volunteering in your local community.

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Bank of America:

Good conduct and sound judgment is crucial to our long-term success. It’s important that all employees in the organization understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds 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.

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!

Partnering Locally

Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact

Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities, and our teammates.

Opportunity and Inclusion

Each employee brings unique skills, background, and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

Our Values

Learn about our four values that represent what we believe.

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Skills

Python
Technical Design
Software Engineering
Distributed Architectures
Big Data
Agile Development
Front Office Risk
Global Markets
Problem Solving
Debugging
UAT
Regression Testing
FICC
Investment Banking
Technical Leadership
Communication Skills

Location

London, England, United Kingdom

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