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What is a Principal Java Software Engineer job?

A Principal Java Software Engineer is a senior-level technical expert responsible for designing, developing, and optimizing complex Java-based applications. They provide technical leadership, mentor junior engineers, and drive best practices in coding, architecture, and system scalability. This role often involves collaborating with cross-functional teams to ensure high-quality software delivery while aligning with business objectives. Additionally, they evaluate new technologies, improve system performance, and contribute to strategic decision-making within the engineering team.

What are the key skills and qualifications needed to thrive in the Principal Java Software Engineer position, and why are they important?

To thrive as a Principal Java Software Engineer, you need advanced proficiency in Java, strong knowledge of system architecture and design patterns, and extensive experience in large-scale application development, usually supported by a degree in computer science or equivalent experience. Familiarity with frameworks like Spring, cloud technologies (AWS or Azure), CI/CD tools, and relevant certifications such as Oracle Certified Professional – Java SE are typically required. Exceptional leadership, mentoring, communication, and problem-solving skills help you guide teams and work collaboratively across departments. These combined technical and interpersonal skills enable you to drive complex projects, set technical direction, and deliver robust software solutions efficiently.

What are the typical responsibilities of a Principal Java Software Engineer within a development team?

A Principal Java Software Engineer is generally responsible for leading the technical design and implementation of major software projects, making architectural decisions, and ensuring best coding practices throughout the team. They mentor junior engineers, conduct code reviews, and often coordinate with product managers, QA, and DevOps to facilitate seamless project delivery. Beyond hands-on coding, they provide strategic guidance, troubleshoot complex technical problems, and help shape the long-term technology roadmap. This role typically involves balancing individual contribution with leadership and collaboration across multiple teams.

What is it like to work at Options Clearing?

Options Clearing Corporation (OCC) is a professional and collaborative work environment that prioritizes integrity, innovation, and customer service. As a leading derivatives clearing organization, OCC operates with a strong focus on risk management, regulatory compliance, and technology-driven solutions, fostering a dynamic team structure with diverse expertise. Working at OCC may appeal to candidates seeking a challenging and rewarding career in the financial industry, with opportunities to contribute to the stability and growth of the global derivatives market.
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Infographic showing various Principal Java Software Engineer job openings at Options Clearing in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 83% Physical, and 17% Hybrid job distribution.
Lead Associate Principal, Security Engineering

Lead Associate Principal, Security Engineering

The Options Clearing Corporation

Chicago, IL • Hybrid

Other

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

*****THIS POSITION IS NOT ELIGIBLE FOR VISA SPONSORSHIP*****
What You'll Do:
Join our dynamic Security Engineering team as a Lead Associate Principal and make a significant impact on our organization's cybersecurity posture. In this role, you'll manage privileged access systems that protect our most critical assets, implement AI-based security capabilities, and help shape our security architecture. This position offers excellent growth opportunities as you'll work with best-in-class technologies while collaborating with cross-functional teams to solve complex security challenges. If you're passionate about cybersecurity and seeking a role where your expertise directly strengthens organizational resilience, this is an ideal next step for your career.
Primary Duties and Responsibilities:
To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.
  • Provide 24x7 operational support for the suite of privileged management solutions (e.g., CyberArk, Hashi, PKI), including implementing hot fixes, resolving bugs, troubleshooting issues, performing break-fixes, managing secrets lifecycle, and delivering end-user support.
  • Maintain robust operational integrity of privileged access management infrastructure throughout its lifecycle (e.g., patching, version control, system upgrades, alignment with OCC/Security standards, etc.). Provide organizational subject matter expert on secrets management and privileged access management architecture, establishing and enforcing security as code principles throughout the environment.
  • Develop and implement system enhancements to improve platform user experience and automated integrations, while designing long-term solutions to address operational issues through innovative technologies including artificial intelligence for faster detection and remediation of functional and technical problems.
Supervisory Responsibilities:
None
Qualifications:
The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.
  • Advanced knowledge of application authentication and authorization systems (i.e., Active Directory, oAuth 2.0, OIDC, AWS IAM, App Role, k8s, LDAPS, Kerberos, Certificate)
  • Working knowledge of the cloud ecosystem and CI/CD deployments with Terraform, Ansible, and Jenkins pipelines.
  • Working knowledge of security architecture design and principles including confidentiality, integrity and availability.
Technical Skills:
  • Expertise in providing operational and engineering support for one or more of the following: CyberArk, HashiCorp Vault, Active Directory Certificate Services (ADCS), HSMs, and Public Key Infrastructure (PKI).
  • Expertise in scripting languages and developing in one or more of the following languages GoLang, Bash, Python, PowerShell, Ansible, and/or Terraform.
  • Expert level knowledge of privileged access management methodologies and techniques for on-prem and Cloud implementation.
Education and/or Experience:
  • Experience in one or more of the following disciplines: security operations, development, engineering, or architecture
  • Experience supporting privileged access management and access controls programs.
  • Professional or personal experience using AI coding agents such as OpenAI Codex, Claude Code, or Gemini CLI.
Certificates or Licenses:
  • NA
About Us
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
Benefits
A highly collaborative and supportive environment developed to encourage work-life balance and employee wellness. Some of these components include:
  • A hybrid work environment, up to 2 days per week of remote work
  • Tuition Reimbursement to support your continued education
  • Student Loan Repayment Assistance
  • Technology Stipend allowing you to use the device of your choice to connect to our network while working remotely
  • Generous PTO and Parental leave
  • 401k Employer Match
  • Competitive health benefits including medical, dental and vision
Visit https://www.theocc.com/careers/thriving-together for more information.
Compensation
  • The salary range listed for any given position is exclusive of fringe benefits and potential bonuses. If hired at OCC, your final base salary compensation will be determined by factors such as skills, experience and/or education.
  • In addition, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.
  • We typically do not hire at the maximum of the range in order to allow for future and continued salary growth. We also offer a substantial benefits package as noted on www.theocc.com/careers
  • All employees may be eligible for a discretionary bonus. Discretionary bonuses are based on various factors, including, but not limited to, company and individual performance and are not guaranteed.

Salary Range
$145,200.00 - $236,700.00
Incentive Range
8% to 15%
This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.
Step 1
When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.
Step 2
You will receive an email notification to confirm that we've received your application.
Step 3
If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.
For more information about OCC, please click here.
OCC is an Equal Opportunity Employer

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