Software Development Engineer

Clearwater Analytics•New York, NY

About The Position

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. Successful engineers demonstrate strong problem-solving ability, clear communication, solid coding habits, and a collaborative team mindset.

Requirements

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.
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).

Nice To Haves

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.
Experience working on data-intensive, distributed, or mission-critical systems is a plus but not expected at entry level.

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.