Software Development Engineer

Clearwater Analytics, LLC; New York (NY); On-site; USD 115,119 - 148,350; Full time

Benefits offered by this job

Health, vision, and dental insurance

401(k) plan

Paid time off (PTO)

Parental leave

Short-term and long-term disability insurance

Job summary

Clearwater Analytics, LLC is looking for a Software Development Engineer to join their Trading & Risk Management Systems team. This role involves designing and maintaining software components essential for financial risk analytics and reporting.

You will develop applications, collaborate with cross-functional teams, and contribute to system improvements. The ideal candidate will have a Bachelor’s degree in a relevant field and at least 2 years of software development experience, preferably in a data-intensive environment.

The position offers a competitive salary range of $115,119.60 to $148,350.00, along with comprehensive health benefits.

Qualifications

• Strong understanding of data structures, algorithms, and object-oriented programming.
• Proficiency in Python or another modern object-oriented language (Java, C#, C++, etc.).
• Ability to learn quickly and apply new concepts in data-driven or computational problem spaces.

Responsibilities

• Develop, enhance, and maintain software applications and services used in risk workflows and data processing.
• Collaborate with product managers, quants, and engineering peers to clarify requirements and translate them into functioning code.
• Participate in design discussions and propose improvements that support scalability, performance, and maintainability.

Skills

Data structures and algorithms

Python or modern OOP language

APIs and microservices

Version control tools (Git)

Analytical problem-solving

Communication skills

Education

Bachelor's degree in Computer Science, Engineering, or related field

Job description

Job Summary

The Software Development Engineer role on our Trading & Risk Management Systems (TRMS) team focuses on designing, implementing, and maintaining software components that support financial risk analytics and reporting. You will contribute to applications and services that process market, position, and reference data and help enable risk calculations such as sensitivities/Greeks, VaR, PFE, and XVA. This role emphasizes continuous learning, collaboration across product, quant, and engineering teams, and disciplined software engineering practices. As you grow in the role, you will take on more design responsibilities, improve system components, and influence best practices.

Responsibilities

• Develop, enhance, and maintain software applications and services used in risk workflows and data processing.
• Collaborate with product managers, quants, and engineering peers to clarify requirements and translate them into functioning code.
• Participate in design discussions and propose improvements that support scalability, performance, and maintainability.
• Build and maintain integrations and pipelines for trade, position, and market data.
• Write unit and integration tests and contribute to overall code quality and reliability.
• Perform troubleshooting and root‑cause analysis to resolve defects and improve system stability.
• Assist in story creation, effort estimation, and delivery planning within an Agile environment.
• Document implementation details, design decisions, and APIs to support knowledge sharing and maintainability.
• Support CI/CD processes, build pipelines, and release activities.

Required Skills

• Strong understanding of data structures, algorithms, and object‑oriented programming.
• Proficiency in Python or another modern object‑oriented language (Java, C#, C++, etc.).
• Ability to learn quickly and apply new concepts in data‑driven or computational problem spaces.
• Exposure to or basic experience with APIs, microservices, or backend service development.
• Familiarity with version control tools such as Git and comfort participating in code reviews.
• Solid analytical and problem‑solving skills with attention to detail.
• Good written and verbal communication skills; ability to work effectively with cross‑functional partners.
• Interest in financial markets or risk management concepts is a plus but not required—domain training is provided.
• Experience with automated testing, CI/CD workflows, or cloud environments is a plus, not a must.

Education and Experience

• Bachelor’s degree in Computer Science, Engineering, Mathematics, or a related field—or equivalent practical experience.
• 2+ years of professional software development experience (financial services experience is a bonus, not a requirement).
• Experience working on data‑intensive, distributed, or mission‑critical systems is a plus but not expected at entry level.

Salary Range

$115,119.60 - $148,350.00 (pay range the Company believes it will pay for this position at the time of this posting).

Benefits

• Health, vision, and dental insurance
• 401(k) plan
• Paid time off (PTO)
• Parental leave and medical leave
• Short‑term and long‑term disability insurance benefits

Equal Opportunity Employer

Clearwater Analytics is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.