Principal Engineer Cash Management Account

Client Name: Street ID
End Client Name: Banking client

Job Title: Principal Engineer Cash Management Account (Wealth / Brokerage Integration)
Location: Dallas (preferred) or New York USA
Work Type: Hybrid (3 days a week)
Rate: $60/hr on W2

Notes:

Please read the required skills and make sure they are coming from banking industry they will not consider other domains.
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Role Overview
We are seeking a hands-on Principal Engineer to lead the architecture and prototype development of a new Cash Management Account capability within the Wealth Management & Private Banking division. The role focuses on creating an integrated seamless client experience between brokerage investment accounts and core banking deposit platforms.

This is a greenfield initiative at prototype stage requiring a leader who combines deep financial product knowledge with strong architectural and full-stack engineering capabilities. The selected individual will define and drive the technical approach end-to-end-from concept through early build-working closely with wealth brokerage architecture and operations teams.

Key Responsibilities

• Lead design and technical delivery of the new Cash Management Account capability-defining architecture data flows and integration approach end-to-end.
• Build an early prototype/MVP to demonstrate feasibility and influence program funding.
• Define and implement the integration layer between:
• Brokerage platforms
• Core banking deposit systems (FIS EBS)
• Wealth digital channels and assisted servicing platforms
• Payments / Transfer Hub domain services
• Design and guide development of the Sweep Engine (logic for sweeping cash between investment and deposit accounts based on client rules and preferences).
• Implement secure scalable modern service architecture aligned with enterprise standards (APIs domain services events etc.).
• Collaborate with product operations wealth business stakeholders and solution architects to align requirements and experience flow.
• Mentor guide and (optionally) coordinate a small supporting full-stack engineering team.

Required Experience & Skills

• Domain Expertise
• Direct experience designing or working with brokerage cash management products sweep programs or integrated investment/banking experiences.
• Strong understanding of wealth client operations investment accounts positions funding flows and deposit account servicing.
• Familiarity with U.S. cash sweep structures FDIC insurance strategies cash allocation rules and brokerage-bank integration models.

Technical Leadership

• 10 years engineering experience with 3 in principal / lead engineer capacity.
• Ability to drive solution design from scratch (architecture modeling interfaces data contracts).
• Demonstrated success building prototypes and early-stage products in large organizations.

Technology Skills

• Strong hands-on programming in Java or Python with experience in modern microservices architecture.
• Experience building API-driven and event-driven distributed systems.
• Understanding Angular UI integration is beneficial.
• Experience integrating with:
• Core banking systems (e.g. FIS EBS Finastra Temenos Flexcube etc.)
• Brokerage / wealth platforms
• Payment hubs domain services workflow engines (PEGA optional)

Preferred Background

• Experience working in Wealth Management or Private Banking divisions
• Experience building cash sweep / liquidity / treasury funding features.
• Previous contribution to new product incubation or architecture modernization programs.