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 experi