Principal Engineer

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! This job is responsible for defining and leading the engineering approach for solutions at the program or portfolio level, to deliver significant business outcomes. Key responsibilities include continuously improving the design, quality, and reuse of the solution and delivering technology enablers that improve development efficiencies for the solution. Job expectations include familiarity with at least one area of engineering, acting as a “go to” reference across the organization, and applying knowledge to improve technical competencies through recruitment and development activities. The Principal Engineer leads the design, development, and support of enterprise payment platforms, ensuring solutions are secure, scalable, resilient, and aligned with business objectives. This role partners with business and technology stakeholders to deliver innovative payment solutions, drive platform modernization through APIs, Kafka, messaging technologies, and microservices, and establish strong engineering and architectural standards. The individual provides technical leadership, oversees critical releases, mentors engineering teams, resolves complex technical issues, and influences technology strategy across multiple organizations while promoting continuous improvement, operational excellence, and innovation. Responsibilities: The Principal Engineer serves as the senior technical leader for the payments and external account management platform This role is responsible for defining technology strategy, driving architecture decisions, ensuring platform reliability, and leading the delivery of scalable, secure, and high-performing payment solutions The position provides technical leadership across multiple engineering teams and partners closely with Product, Architecture, Infrastructure, Security, Operations, and Business stakeholders to modernize payment capabilities and deliver mission-critical services The Principal Engineer establishes engineering standards, mentors senior developers, and drives innovation across cloud-native and event-driven architectures utilizing Java, Spring Boot, Oracle, Kafka, APIs, and related technologies Drive usage of AI and related technologies to accelerate the pace of change and delivery while ensuring complete review and monitoring of AI outputs and delivery This role is accountable for the overall technical health, strategic direction, and successful delivery of critical enterprise payment capabilities while serving as the engineering leader for the payments and External Account Management ecosystem Develops the engineering approach for the entire program/portfolio solution and works with Architecture, to develop/analyze/deliver the implementation of technical enablers Leads the planning, definition, and design of the complex features which span multiple teams and explore solution alternatives Creates ideas on designing complex technology and solution development approaches Leads the technical oversight for teams in solution development including design reviews and code within own domain Defines the technology tool stack for the solution within ranged of internally approved and supported technologies Explores state-of-the-art technologies to improve development efficiencies, quality of test/QA coverage, and release management Leads and is responsible for the end-to-end test strategy/creation/adherence, and the integration between teams for a program/portfolio solution Required Qualifications: 12+ years of software engineering experience with significant experience in enterprise payments platforms Deep expertise in Java, Spring Boot, RESTful APIs, microservices, Oracle, and Kafka Strong knowledge of microservices architectures and high-volume transaction systems Proven ability to lead large-scale modernization and transformation initiatives Strong communication, stakeholder management, and technical leadership skills Desired Qualifications: Experience with cloud platforms, containerization technologies, CI/CD pipelines, and DevSecOps practices AI Model usage, agentic framework adoption Bachelor's or Master's degree in Computer Science, Engineering, or related field Skills: Application Development Architecture Solution Design Business Acumen Technical Strategy Development Risk Management Agile Practices Data Management Solution Delivery Process Analytical Thinking Automation Influence Result Orientation Stakeholder Management Collaboration Shift: 1st shift (United States of America) Hours Per Week: 40