Software Engineer II - Python / Quartz
Builds and maintains Python-based Quartz services that provide risk factor attributes for regulatory risk platforms, focusing on FRTB IMA compliance and downstream risk workflows.
- Compensation
- $88.8K–$144.8K / yr
- Location
- Chicago
- Work setup
- Not specified
- Seniority
- Middle
- Employment
- Not specified
- Experience
- 5+ years
- Category
- Software engineering
- Posted
Skills
Must have
- 5+ years of software development experience in Global Markets, Enterprise Risk, regulatory technology, or a comparable enterprise technology environment.
- Strong Python development experience, including object-oriented design, API development, debugging, testing, and code maintenance.
- Experience developing, enhancing, modifying, testing, and supporting applications in a complex enterprise software environment.
- Experience working with data-intensive systems, APIs, mapping logic, reference data, market data, or risk data.
- Familiarity with Agile delivery practices, story refinement, estimation, unit testing, integration testing, regression testing, and production support.
- Ability to analyze complex technical issues, identify root causes, and implement sustainable fixes.
- Strong communication skills, with the ability to work effectively with developers, product owners, business analysts, risk stakeholders, and program teams.
- Ability to work independently as an individual contributor while collaborating across multiple distributed teams.
- Strong attention to software quality, operational risk, compliance, maintainability, and production stability.
- Ability to learn and work within the Quartz ecosystem, including established patterns for development, testing, release, and support.
Nice to have
- Experience with Quartz, QFS, RFAW, RiskFactorAttributeWrapper, MarketRiskEnv, MRTUtilities, Remote Risk, SFRC, Capstone, PME, or related Global Markets risk platforms.
- Knowledge of FRTB, IMA, RFET, modellable risk factors, non-modellable risk factors, VaR, CCAR, stress testing, market risk, or regulatory capital workflows.
- Experience with risk factor attributes, market data enrichment, derived attribute mapping, rules repositories, scenario configuration, shock lookup, or time-series mapping.
Full description
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 developing and delivering complex requirements to accomplish business goals. Key responsibilities of the job include ensuring that software is developed to meet functional, non-functional and compliance requirements, coding solutions, unit testing, and ensuring the solution can be integrated successfully into the overall application/system with clear, robust, and well-tested interfaces. Job expectations include an awareness of development and testing practices in the industry.
The Quartz Core Business Platform team is seeking a Software Engineer II to work on the Risk Factor API supporting the Fundamental Review of the Trading Book Internal Model Approach program. This role will focus on building and enhancing Python / Quartz services that provide risk factor attributes and related data needed by downstream risk and regulatory platforms.
The successful candidate will work on a strategically important regulatory program involving risk factor eligibility, modellability, non-modellable risk factors, market data enrichment, and the supporting APIs used by SFRC, Remote Risk, Capstone, PME, and other FRTB-aligned platforms. The role will contribute to the small specialist team that supports the RiskFactorAttributeWrapper and related QzCore market model / risk factor capabilities.