Principal Engineer - Money Movement-1

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

About the team

Money Movement is a strategic platform providing reusable payment functionality for Consumer, Small Business, Commercial and Wealth Management customers across all channels, including capabilities such as Zelle P2P, mobile check deposit, RTP, internal/external transfers, payments, wires, and ACH. The platform positions U.S. Bank for payment products expansion, meeting regulatory and risk controls objectives and global interoperability with its flexible, scalable, resilient, and always-on architecture.

As a Principal Software Engineer and payments domain leader, you will lead work on core systems modernization and payments data platform delivery. You must be a hands-on delivery, payments domain solution and integration architect with executive presence and ability to manage stakeholders and competing priorities. You will drive the Core Payments Platform Modernization, Cloud Migration, Architecture, and Payments Data Mart buildout (our AI/ML work bench for customer and product level reporting and controls).

To be successful, you will understand the delicate balance between legacy platforms and new systems to manage stability. You’ll know what it takes to embark on a modernization journey, building next-generation, data-driven transactions-processing platforms by decomposing the monoliths into logical, functional business components architected with cloud ready microservices architecture

ESSENTIAL FUNCTIONS:

• Provides high-level architectural guidance and assists the team in aligning architecture to business requirements. Works across the organization to foster a culture of applying applicable and relevant design patterns, in accordance with the needs of the company and guides the teams in the organization in anticipation of future use cases.
• Works across the organization to foster a culture of architecture that allows for iterative, autonomous development and future scaling. Guides teams in the organization in anticipation of future use cases and helps them make design decisions that minimize the cost of future changes.
• Sets the direction of the architectural roadmap. Determines the Return-on-Investment for specific engineering initiatives and determines appropriate levels of investment for given strategic horizons. Establishes engineering strategic objectives that drive architecture and technical approach.
• Coaches the engineering organization on a debugging mindset with a view of using the appropriate tools for specific needs. Leads incident response across the engineering organization as needed. Uses systematic debugging to diagnose issues across the organization. Selects and procures tools and establishes processes to support the team in effective troubleshooting.
• Drives and sets the culture of quality and timely code reviews across the organization while encouraging teams to consider release complications. Provides guidance on reviews conducted by others. Champions the engineering organization with an ability to understand and deliver to real user needs.
• Drives the organizational testing strategy and uses quality metrics to identify gaps. Works with all teams to recommend solutions that are in accordance with accepted testing frameworks and the testing pyramid. Guides the teams on following standards and aims for best practice across the organization.
• Works to keep skills up-to-date to aid in decision making, coaching and facilitation. Has basic knowledge in a wide variety of technologies and skill-sets with deep expertise in a few specific areas.
• Actively works with the security team to set and refine organization-wide security strategy. Fosters a security first mindset across the organization. Drives security awareness and culture across the organization.
• Takes ownership of decisions made in the engineering organization by helping teams make clear decisions in alignment with enterprise goals, backing decisions made, and taking responsibility for their success. Ensures accountability is practiced throughout the organization.
• Sets the direction of the delivery process across the organization, on the importance and purpose of the methodology, has a clear point of view and guides the organization on improvements to the delivery process. Promotes a culture amongst engineering of delivering features with minimal disruption to production. Responsible for executing product roadmap on-time and within budget and ensures security and relevant compliance of core systems.
• Ensures expectations across the organization and external stakeholders are clarified between all parties involved. Identifies dependencies across the organization and works with individual teams to resolve them before they become an issue and installs preventative measures to mitigate repeat occurrences.
• Works across the organization to foster a culture of priority setting and urgency in alignment with organizational strategy. Coaches the team on making trade-offs, prioritization and managing technical debt. Identifies and manages technical and business risk.

Preferred Qualifications

• Must be a hands-on leader, helping with strategic architecture, design, and coding review as necessary.

• Has led major transformation plans (legacy system deep-dive, roadmap creation and execution of roadmap)
• Understanding of industry standards ISO 20022, BIAN, IFX standards
• Deep understanding of U.S. domestic payment rails (Check, ACH, WIRES, SWIFT) across both legacy and faster payments
• Extensive Experience with Domestic Payments, Cross border Payments/Liquidity Management,
• Strong hands-on experience with DevOps capabilities - containers, cloud, automation, security, configuration management, CI/CD
• Strong hands-on experience with Java/Spring, SQL Server, Microservices, GraphQL, REST, Confluent Kafka, IBM MQ, Redis, Log4J, Splunk, App Dynamics, Rancher
• Deep understanding of data platform technologies (engineering, capabilities & integration)
• Exposure to latest technologies in cloud engineering, open frameworks, AI/ML
• Possesses expertise in performance, scalability, enterprise system architecture, and engineering best practices in an agile environment.

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.  

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

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. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $143,905.00 - $169,300.00 - $186,230.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.