Principal Software Engineer

Reposted 21 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu, IND
In-Office
Expert/Leader
Financial Services
The Role
Design and develop DTCC's core Clearing and Settlement business applications, ensuring reliability, maintainability, and performance while collaborating with multi-functional teams and overseeing the software development process.
Summary Generated by Built In

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're 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.

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:

Being a member of the IT Application Dev squad, you will design, develop, maintain and support DTCC’s core Clearing and Settlement business applications.

Your Primary Responsibilities:

  • Principal Engineer needed technical processes and designs considering reliability, data integrity, maintainability, reuse, extensibility, usability, and scalability.
  • Collaborate with Infrastructure partners to identify and deploy optimal hosting environments.
  • Define scalability and performance criteria for assigned applications.
  • Ensure application meets the performance, privacy, and security requirements.
  • Tune application performance to eliminate and reduce issues.
  • Verify test plans to ensure compliance with performance and security requirements.
  • Support business and technical presentations in relation to technology platforms and business solutions
  • Mitigate risk by following established procedures and monitoring controls.
  • Help develop solutions that balance cost and delivery while meeting business requirements.
  • Implement technology-specific best practices that are consistent with corporate standards.
  • Partner with multi-functional teams to ensure the success of product strategy and project work.
  • Manage the software development process.
  • Drive new technical and business process improvements.
  • Estimate total costs of modules/projects covering both hours and expense.
  • Research and evaluate specific technologies, and applications, and contributes to the solution design.
  • Construct application Architecture encompassing end-to-end designs.
  • Assist with cross squad coordination and planning
  • Mitigates risk by following established procedures and monitoring controls, spotting key errors and demonstrating strong ethical behavior.

**NOTE: The Primary Responsibilities of this role are not limited to the details above. **

Talents needed for Success:

Qualifications:

  • Minimum 10 years of related experience
  • Bachelor's degree (preferred) or equivalent experience

Talents Needed for Success:

  • Hands on experience in software development using Design Patterns, Java, typescript, Java EE, Spring Boot, Angular 13+, JMS, REST API, PL/SQL, Python.
  • Strong experience in Angular.
  • Experience with Micro Services & Layered (SOA/MVC) Architecture onPrem and Oncloud (AWS preferred).
  • Familiar developing and running applications in Windows and Linux environments.
  • Expertise in deploying scalable solutions in Kubernetes/docker containers that are highly resilient and perform well in an environment that talks to legacy systems and future centric micro architecture.
  • Demonstrable experience in software development using CI/CD tools especially GIT, Bitbucket, Maven, Jenkins, Jira
  • Experience using the following development tools: Visual Studio, IntelliJ, or Eclipse.
  • Demonstrated capability working with middleware like IBM MQ, Solace, tomcat, liberty server, WebSphere, WebLogic or JBoss application servers.
  • Familiarity working with relational databases including DB2 or Oracle.
  • Experience with microservices and event driven architecture
  • Experience with Apache Kafka (or Confluent Kafka), Kafka APIs and tooling (e.g., Kafka Connect, KStreams, KSQL)
  • Proficiency in different phases of the system development life cycle including project planning, analysis, design, development, and testing.
  • Solid focus on software testing with Junit, Mockito, Jasmine, Karma.
  • Familiarity with different software development methodologies (Waterfall, Agile, Scrum, Kanban)

Additional Qualifications:

  • Solid ability to capture and analyze requirements and translate them into technical specification.
  • Writing and implementing the unit test scenarios / cases to ensure the code quality and reliability.
  • Deep understanding of all lifecycle components (code, test, deploy)
  • Ability to communicate designs to peers and Product Owner for approval.
  • Fix and debugging code to resolve technical issues.
  • Optimizing application performance to ensure efficient use of software resources.
  • Good verbal and written communication and interpersonal skills

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




About Us
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.

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.

About the Team

To maintain strong alignment between IT and the business, we are bringing together all Solutions-focused teams under a unified technology organization, IT Solutions.  The newly-formed IT Solutions department combines Application Development and Enterprise Application Support functions, allowing us to leverage synergies to support the Solutions business lines.

Skills Required

  • Minimum 10 years of related experience
  • Bachelor's degree (preferred) or equivalent experience
  • Hands on experience in software development using Design Patterns
  • Strong experience in Angular
  • Expertise in deploying scalable solutions in Kubernetes/docker containers

The Depository Trust & Clearing Corporation (DTCC) Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Depository Trust & Clearing Corporation (DTCC) and has not been reviewed or approved by The Depository Trust & Clearing Corporation (DTCC).

  • Healthcare Strength Medical, dental, and vision coverage are comprehensive and include mental health support, in-network preventive care, and company-supported HSA/FSA options. Company HSA contributions plus life, AD&D, and disability coverage further reinforce depth of protection.
  • Retirement Support A 401(k) with company matching and references to pension-related benefits provide meaningful long-term savings support. Charitable contribution matching and financial-planning resources complement the core retirement offerings.
  • Parental & Family Support Generous parental leave, adoption assistance, childcare benefits, and dependent care FSAs indicate strong support for families. Back-up care and specialized family health programs are highlighted as part of the package.

The Depository Trust & Clearing Corporation (DTCC) Insights

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The Company
HQ: Jersey City, NJ
5,075 Employees
Year Founded: 1973

What We Do

With over 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 21 locations around the world, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringing increased security and soundness to financial markets. In 2021, DTCC’s subsidiaries processed securities transactions valued at nearly U.S. $2.4 quadrillion. Its depository provides custody and asset servicing for securities issues from 177 countries and territories valued at U.S. $87.1 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes 16 billion messages annually. To learn more, please visit us at www.dtcc.com.

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