Lead Java Software Engineer (Foreign Exchange / Capital Markets)

U.S. Bank; New York (NY); Hybrid; USD 90,000 - 150,000; Full time

Job summary

An established industry player is seeking a Lead Software Engineer to innovate in FX Pricing and Rate Distribution systems. This role involves driving the design and optimization of low-latency, high-performance solutions within a collaborative team. You'll lead technical initiatives, mentor engineers, and work closely with FX business and quantitative teams. This position offers a hybrid work schedule, allowing flexibility while maintaining a strong in-office presence. Join a forward-thinking company that values your unique potential and offers a comprehensive benefits package to support your well-being and career growth.

Benefits

Healthcare (medical, dental, vision)

Life insurance

Short-term and long-term disability

401(k) and employer-funded retirement plan

Paid vacation

Paid holidays

Adoption assistance

Sick and Safe Leave

Qualifications

• 6-8 years of relevant experience in software engineering.
• Deep expertise in foreign exchange markets and electronic trading.

Responsibilities

• Lead design and development of low latency FX pricing engines.
• Optimize system performance for real-time price dissemination.
• Mentor engineers and ensure high coding standards.

Skills

Java

Cloud-based solutions

Messaging (JMS or native)

Relational Databases (Postgres or Oracle)

Spring

Gradle

Docker

DevOps practices

CI/CD pipelines

HTML5

Angular or React

Education

Bachelor's degree

Tools

Docker

Spring

Gradle

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

We are seeking a highly skilled Lead Software Engineer to drive the design, development, testing and optimization of FX Pricing and Rate Distribution systems within our Global Capital Markets Technology division. This role requires deep expertise in foreign exchange markets, electronic trading and real time pricing systems to ensure low-latency, high-performance, and scalable solutions. The ideal candidate will lead technical initiatives, collaborate with FX business, quants, and product managers, and contribute to the evolution of our FX technology stack.

Essential Responsibilities

• Lead the design, development, and enhancements for low latency FX pricing engines and rates distribution systems.
• Optimize system performance, ensuring real time price dissemination with minimal latency.
• Development of modern microservice architecture, event-driven systems, and cloud-based solutions.
• Lead end-to-end development lifecycle, including requirements gathering, architecture, implementation, testing, deployment, and support.
• Mentor and guide a team of engineers, fostering a culture of technical excellence, collaboration, and continuous improvement.
• Maintain high coding standards through code reviews, automation, and best practices in software engineering.
• Architect scalable and fault-tolerant systems for price distribution.
• Implement advanced caching strategies and distributed systems techniques to enhance system efficiency.
• Integrate with external liquidity venues and ECNs for best price aggregation.
• Enhance observability and monitoring with real time analytics, logging and proactive alerting.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Six to eight years of relevant experience

Technology Experience Should Include

• 8+ years deep Java expertise [writing, tuning, configuration driven]
• 1-2 years’ experience with cloud-based solutions
• Deep experience with Messaging [JMS or native]
• Experience with Relational Databases [Postgres or Oracle preferred]
• Understanding of Spring, Gradle and Docker
• Familiarity with DevOps practices and CI/CD pipelines

Business Experience Should Include

• Capital Markets or Foreign Exchange experience
• Strong understanding of FX instruments (spot, forwards, swaps, NDFs) or other asset classes within Capital Markets
  • Understanding of FX pricing, e-trading, trade capture or risk systems.

Preferred Experience

• Experience with HTML5 and Angular or React JavaScript libraries
• Experience with electronic trading platforms, FIX protocol, and order management systems (OMS/EMS).
• Experience working with quantitative teams to integrate pricing models
• Understanding of market microstructure and algorithmic trading strategies.
• Background in machine learning and data analytics for FX market insights.
• Knowledge of regulatory frameworks (MiFID, Dodd-Frank, Basel III) impacting FX trading.

***The role offers a hybrid / flexible schedule, which means there's an in office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.***

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services.