Sr Manager,Software Development & Engineering Senior

Your Opportunity

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role.

At Schwab, you’re empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us “challenge the status quo” and transform the finance industry together.

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location.

Our passion here at Schwab is to transform people’s lives by changing the way the world invests. Schwab’s Corporate

Actions and Balances, Positions & Transactions (CABPT) technology organization is recruiting to hire a results-oriented

and talented Technology leader with a strong track record of technology-enabled business delivery. CABPT is part of

the Core Brokerage Services Engineering (CBSE) which provides Asset Servicing, Custodial, Clearing and other Core

Brokerage business capabilities to Schwab’s Retail and Institutional businesses. CABPT has a bimodal technology stack

with a significant portion of its technology assets based on legacy mainframe technology and also a growing modern,

distributed set of applications as we modernize.

CABPT is looking for a talented, highly motivated Senior Software development Engineer with domain/functional

knowledge of Transactions posting, Positions and Balances area of the financial services/Brokerage industry,

experience with high-volumes processing. The successful candidate excels in a dynamic and fast paced Agile

environment and is passionate about building high quality scalable software. You should have significant experience in

designing, development, testing software systems, providing support of deployed production application and enjoy

sharing your knowledge.

We are seeking a well-experienced Mainframe Software Developer with skills and expertise in application

Modernization, specifically with interfaces between Legacy mainframe and Distributed applications. In this role, you

will be responsible for the architecture solution, design, development, and implementation of complex software

solutions that support our CABPT processing capabilities.

• Collaborate with cross-functional teams to understand business requirements and identify opportunities for
• modernization.
• Familiarity with building interfaces between Legacy and modern distributed applications
• Be able to contribute to solutioning, Design and implementation of modernization strategies for legacy
• applications, including mainframe migration and refactoring, mainframe callouts to Distributed platforms.
• Evaluate existing legacy systems and propose solutions for improving performance, scalability, and
• maintainability.
• Develop and maintain automated processes for legacy application, ensuring consistency and efficiency.
• Stay current with emerging technologies and industry trends related to legacy application modernization.
• Effective communication skills, with the ability to collaborate with business stakeholders, platform teams,
• Architects and other domain teams.
• Ability to act as a mentor for the technical team, providing guidance, support, and knowledge sharing to other
• developers looking to augment their skillsets with Mainframe and Distributed Technologies.
• Strong commitment to adhering to project timelines and delivering high-quality results within specified
• deadlines.
• Understanding of the importance of timely completion of tasks and projects, with a proactive approach to
• addressing any obstacles or challenges that may arise.

What you have

To ensure that we have fulfilled our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have.

Required Qualifications

• BS in Computer Science, Software Engineering, or a related field.
• Strong experience with high-volume transactions processing, brokerage experience.
• 10+ years of experience in mainframe technologies– COBOL, JCL, DB2, Datacom, SQL, SQL Stored
• Procedures, Messaging Queues (IBM MQ, Kafka), CICS, Easytrieve, REXX and SORT utilities.
• 10+ years of experience as a software developer, with at least 3+ years in a lead/co-lead role.
• 3-4 years in tools:ControlM, ChangeMan, Startool, STARBAT, Xpeditor, TOAD, and SPUFI.
• Proven track record of participating in the architecture solution, Design & Development of complex,
• enterprise-level software systems.
• Good knowledge and hands-on experience in Financial Industry – specifically with Brokerage Business
• and transactions processing/Balances/Positions – Books & Records systems.
• Strong understanding of software architecture patterns, design principles and scalability considerations.
• Excellent problem-solving, critical thinking, and decision-making skills.
• Effective communication and collaboration skills, with the ability to work cross-functionally.
• Experience in mentoring software development teams distributed geographically.
• Good experience with legacy applications modernization.
• Preferred exposure to Distributed & Cloud technologies (e.g., GCP, Java, Javascript, .NET, C#, Springboot,
• Aerospike, Postgres, etc.) and AI tools (GHCP, other AI tools).

Preferred Qualifications

▪ Some experience and familiarity with file transmissions, Cloud, SPOS, Callouts from Mainframe to Distributed services, Security Tokens and authentication mechanisms.

▪ Strong preference to high-volume brokerage transactions processing and posting expertise – batch & real-time

In addition to the salary range, this role is also eligible for bonus or incentive opportunities