Java Engineer, Clear Street
Risk Platform
$170-240k
+ Equity
4+ days a week in office
Modern infrastructure for capital markets
Open for applications
Modern infrastructure for capital markets
201-500 employees
Open for applications
$170-240k
+ Equity
4+ days a week in office
201-500 employees
Company mission
To rebuild the infrastructure that supports the capital markets, bringing them into the future.
Role
Who you are
- At least five (5) years of professional software engineering experience with a proficiency in Java and Spring Boot for backend development with a strong emphasis on building scalable and performant systems
- Hands-on experience with Kafka and streaming real-time data processing for building reliable and efficient data pipelines
- Expertise in designing and implementing microservices architecture to enable modular and independent development of system components
- Strong understanding of AWS services, including but not limited to EC2, S3, and MSK for building and deploying cloud-based solutions
- Solid knowledge of data modeling and database systems to ensure efficient data storage and retrieval
- Ability to troubleshoot and debug complex issues in a distributed environment, ensuring high availability and fault tolerance
- Proven track record of delivering high-quality, production-ready code adhering to best practices and coding standards
Desirable
- Prior experience in the financial domain, particularly in building risk and margin systems for brokerage or trading platforms
- Familiarity with stream processing frameworks like Flink or Spark for handling large volumes of real-time data with low latency requirements. Additionally, familiarity with AWS Kinesis Data Applications is a huge plus
- Knowledge of Snowflake and data warehousing concepts for building efficient and scalable data storage solutions
What the job involves
- You will implement real-time P&L, risk, and margin calculations, and ensure timely End-of-Day (EOD) calculations for margin requirements
- Work closely with the product and business teams to understand and translate requirements into technical solutions
- Collaborate with cross-functional teams to ensure seamless integration with existing systems and data sources
- Optimize system performance, scalability, and reliability to handle large-scale financial data with high throughput requirements
- Ensure compliance with industry regulations and security standards in the financial domain
- The Risk Engineering (RENG) team aims to measure the portfolio risk of both our clients and the firm
- As a member of RENG, you will become an expert in various risk methodologies (Reg-T, Portfolio Margin) to build efficient, scalable systems from the ground up to quantify and manage these risks in real-time
Our take
Clear Street is building up-to-date, cloud native infrastructure for capital markets, bringing clients faster and easier access to things like reporting, clearing, custody, and execution.
It’s been quite a rise to prominence for the New York based startup, which surpassed a billion dollar valuation in 2022 despite only launching in 2018. However, given the previous industry experience of its founders, Clear Street's success should come as no surprise. The trio built the platform as a remedy to their own pain points, missed opportunities, and lack of access to key data in the prime brokerage space.
With its Unicorn status secured and its list of clients growing, Clear Street is now gearing up for a period of rapid expansion, both geographically and across the financial services industry. Securing funding in 2023 from Prysm Capital, the company has money to play with as it continues to pursue better infrastructure for capital markets.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Apr 2023
$270m
SERIES B
May 2022
$165m
SERIES B
Total funding: $470m
Company benefits
- 401k matching
- Full medical, dental and vision insurance
- Generous vacation time
- Opportunities for professional development
- In-office benefits include lunch stipends, fully stocked kitchens, happy hours, and amazing office views
Company values
- It's all about the people: At Clear Street, our top priority is our people. We are continuously investing in a culture that promotes collaboration. We help each other through challenges, and celebrate each other's successes.
- Our workplace philosophy: We believe that modern workplaces succeed by virtue of having high-performance workforces that are diverse — in ideas, in cultures, and in experiences. At Clear Street, we put in the effort to make such a workplace a daily reality.
Company HQ
World Trade Center, New York, NY
Articles
Leadership
Chris Pento
(CEO)Financial services & investment veteran with over 30 years in the sector. Worked in Senior Management & Executive roles at Merrill Lynch, Knight Capital, Arxis Capital, Exos Financial, and Engineers Gate LP, before co-founding Clear Street in 2018.
Sachin Kumar
(CTO)Former Pearl Rothman Software Engineer who has founded two previous FinTech companies - Tolo Technologies, and QED Trading.
Uriel Cohen
(Executive Chairman)Trader, investor, and founder of proprietary trading firm Highland Capital Group. Co-founded proprietary investment firm Alpine Global Management in 2012.
People progressing
Joined as an Executive Assistant. Since then, Tori has been promoted thrice, first to People and Culture Coordinator, and then to Communications Associate before becoming a Senior Marketing Associate.
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