Bank of America
Principal Engineer - GMI Next Gen
$156K–$230K
Chicago +1 · Principal · Full-time · Posted Sep 23, 2026
- Location
- Chicago
Jersey City - Experience
- 10 yr+ GMI knowledge; 10yr+ Futures & Options Clearing front to back knowledge.
- Education
- Bachelor’s degree or equivalent work experience.
About the job
Leads the technology approach and migration from the legacy GMI Back Office platform to its replacement for cleared derivatives operations.
What you'll do
- Sets the program-wide engineering approach, solution architecture, and technical enablers.
- Leads complex feature design, technical oversight, and end-to-end testing across teams.
- Coordinates GMI migration workstreams and ensures non-functional requirements and SDLC standards are met.
What they ask for
- 10 yr+ GMI knowledge
- 10yr+ Futures & Options Clearing front to back knowledge, including client allocations, clearing workflow, Fees & Commissions, margins and Regulatory Reporting
- Experience leading technical delivery teams with a proven track record
- Ability to work with vendor SMEs to develop technical architecture/solutions
Nice to have
- Prior experience of BofA GMI ecosystem strongly preferred
- Prior experience of large-scale migration projects or working with vendors on technology projects, especially FIS
Pay
$156,500.00 - $230,000.00 annualized salary (USD, base salary)
Tools
GMI, FIS
Model-written summary · the original posting is authoritative