Principal Software Engineer (Java, Cloud Modernization)

Are you ready to make an impact at DTCC?
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
The Information Technology group delivers secure, reliable technology solutions that enable DTCC to be the trusted infrastructure of the global capital markets. The team delivers high-quality information through activities that include development of essential, building infrastructure capabilities to meet client needs and implementing data standards and governance.

Pay and Benefits: 

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact You Will Have in This Role

As a Principal Software Engineer on the DTC Participant Fund Technology team, you will play a key role in modernizing Java‑based, cloud‑ready platforms that are critical to DTCC’s financial risk management and daily settlement operations. This role sits at the center of DTCC’s multi‑year enterprise modernization program (through 2028) and focuses on the Participant Fund system, which enables Market Risk teams to manage DTC liquidity controls—directly supporting the stability, resilience, and integrity of the clearing ecosystem.

This is a high‑visibility, mission‑critical role that blends deep, hands‑on engineering with senior‑level technical leadership. You will own complex backend systems, influence architectural direction, and help drive the transition from legacy platforms to scalable, resilient, cloud‑ready architectures, partnering closely with engineering, product, infrastructure, and platform teams across the organization.

Your Primary Responsibilities:

• Lead and influence system architecture, with a focus on cloud‑ready, scalable, and resilient design patterns
• Design, develop, enhance, and support backend services using Java and Spring Boot, setting a high bar for code quality, performance, and reliability
• Provide senior technical leadership by resolving complex technical challenges, guiding solution design, and supporting execution across teams
• Drive application modernization initiatives, including cloud migration planning and hands‑on execution, in partnership with platform and infrastructure teams
• Serve as a senior technical partner to Linux/Unix, network, security, DevOps, and cloud teams, ensuring alignment and smooth delivery
• Partner on migration activities such as environment readiness, cutover planning, validation, and post‑migration stabilization
• Provide senior‑level production support, troubleshooting complex issues, participating in incident resolution, and continuously improving system resilience
• Lead end‑to‑end delivery of modernized application features—from design and implementation through deployment and production stabilization
• Influence and promote engineering standards, best practices, and continuous improvement across the team and broader organization
• Mentor and guide engineers on modernization patterns, platform best practices, and complex technical problem‑solving

Qualifications

• Minimum 8-10 years of related experience.
• Bachelor’s degree preferred or equivalent professional experience

Talent Needed for Success

• Deep, hands‑on experience developing backend Java applications
• Strong experience with Spring / Spring Boot for API and service development
• Solid understanding of cloud environments, with emphasis on AWS (compute, storage, networking concepts)
• Working knowledge of Unix/Linux environments
• Experience with relational databases such as Postgres (Aurora) or similar enterprise platforms
• Exposure to containerization and orchestration technologies (Docker, Kubernetes)
• Familiarity with messaging platforms such as Kafka
• Strong understanding of CI/CD concepts and collaboration with DevOps teams
• Demonstrated ability to influence architectural decisions and lead through technical expertise
• Ability to quickly learn complex systems and understand business, functional, and risk‑driven use cases
• Excellent communication skills and a collaborative, ownership‑driven mindset

Preferred Skills

• Hands‑on experience supporting workloads in AWS (certification a plus, not required)
• Exposure to Snowflake or data‑centric platforms
• Experience with enterprise security integrations such as Vault, Ping/IAM, and certificate management in cloud or containerized environments
• Experience working in Agile delivery environments
• UI exposure using Angular (nice to have)
• Experience supporting regulated, risk‑sensitive, or mission‑critical systems
• Strong interest in modernization, cloud migration, and continuous improvement

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork.  When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Learn more about Clearance and Settlement by clicking here.