Principal Engineer - Stablecoin

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 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!
 

Job Description:
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.

Position Summary:

This job is responsible for defining and leading the engineering approach for Bank of America’s Stablecoin solutions, including complex features to deliver significant business outcomes. Key responsibilities of the job include delivering complex features and technology, enabling development efficiencies, providing technical thought leadership based on conducting multiple software implementations, and applying both depth and breadth in a number of technical competencies. Additionally, this job is accountable for end-to-end solution design and delivery.

Responsibilities:

• 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
• 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
• Ensures that the Stablecoin design and engineering approach for complex features are consistent with the larger payments ecosystem
• Define the technology tool stack for the solution and evaluate and adapt new testing tool/framework/practices for team(s)
• Enables team(s)/applications with Continuous Integration/Continuous Development (CI/CD) capabilities and engages with other technical stakeholders pertaining to efficient functioning of CI-CD pipeline
• Guides and influences team(s) on design and best practices for high code performance –e.g. pairing, code reviews
• Lead the design and development of secure, scalable financial blockchain applications, with a focus on stablecoin issuance, lifecycle management, and settlement use cases.
• Define end-to-end blockchain architectures leveraging deep expertise in Web3 protocols, distributed ledger technology (DLT), and decentralized system design.
• Design, develop, and maintain production-grade smart contracts using languages such as Solidity, Rust, or equivalent, aligned with banking-grade controls.
• Implement and extend token standards (e.g., ERC‑20, ERC‑721, ERC‑1155) and integrate with DeFi primitives and protocols where applicable

Required Qualifications:

• Experience of design and development of secure and scalable financial blockchain applications and smart contracts
• Must have a deep understanding of Web3 Protocols
• Experience building decentralized applications on platforms like Ethereum, Solana, or Hyperledger
• Design and development with smart contracts using Solidity, Rust, or other blockchain programming languages
• Implementation experience with cryptography (e.g., public/private key systems, hashing algorithms), token standards (e.g. ERC20, ERC721 etc.) and DeFi protocols
• Building and optimizing DLT for performance and security
• Optimization of smart contracts for gas efficiency and performance
• Experience of conducting code reviews, audit and security analysis to identify and mitigate vulnerabilities
• Integrating blockchain solutions with external systems, such as oracles (e.g., Chainlink), existing infrastructure or APIs
• Track record of collaborating with business product SMEs, architects, developers, and other stakeholders to deliver production ready solutions

Desired Qualifications:

• Familiarity with tools like Truffle, Hardhat, Remix, Web3.js, or Ethers.js
• Experience with DevOps tools including Terraform 
• Knowledge of emerging blockchain trends, protocols, and experience with layer-2 scaling solutions

Skills:

• Automation
• Influence
• Result Orientation
• Stakeholder Management
• Technical Strategy Development
• Application Development
• Architecture
• Business Acumen
• Risk Management
• Solution Design
• Agile Practices
• Analytical Thinking
• Collaboration
• Data Management
• Solution Delivery Process

 The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position: FDIC, FINRA.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Pay Transparency details

US - CA - San Francisco - 315 Montgomery St - 315 Montgomery (CA5704), US - NJ - Jersey City - 101 Hudson St - 101 Hudson (NJ2101), US - WA - Seattle - 401 Union St - Rainier Square (WA1510)

Pay and benefits information

Pay range

$156,500.00 - $230,000.00 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.