MasterCard

Principal Software Development Engineer

MasterCard$195K — $323K *
Information Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in computer science, information systems, engineering, or equivalent experience required.
  • Extensive background in delivering secure solutions within the Financial Services Sector preferred.
  • Proven track record in Lean methodology and delivering high-efficiency solutions mandated for productivity gains.
  • Expertise in software engineering concepts and methodologies is required.
  • Experience in vendor relationship management, including RFI/RFP processes, highly desired.
  • Demonstrated ability to lead matrix-based project teams and work across diverse geographical locations.
  • Proficient in programming languages such as Java/Spring or Python, with additional experience in AWS and Databricks/Snowflake.

Responsibilities

  • Lead the definition, development, and delivery of major cross-department initiatives with significant business impact.
  • Collaborate with technical and business partners to identify opportunities and develop business cases.
  • Conduct Proofs of Concepts (PoCs) to assess technology needs and recommend strategic directions.
  • Oversee project scope management and ensure alignment with business needs and time-to-market.
  • Define and implement quality assurance processes, ensuring compliance with development standards.
  • Guide team adherence to documentation standards and enhance them as needed.
  • Educate the team on compliance requirements and represent the team during compliance audits.

Benefits

  • Opportunity to lead innovative projects with far-reaching organizational impact.
  • Mentorship and coaching opportunities with senior management and diverse teams.
  • Engagement in continuous learning through brownbag sessions and knowledge-sharing initiatives.
  • Exposure to strategic decision-making processes at the senior management level.
  • Access to a collaborative work environment with talented individuals across multiple regions.
Full Job Description

Title and Summary


Principal Software Development Engineer

Job Overview: Leads major projects and creates the development and delivery of quality software solutions in a timely and cost-effective manner. Research alternative technical solutions for changing business needs. Responsible for assuring the daily activities of the team meet the requirements of SLA’s.

About the Role:
• Successfully lead definition, development, and delivery of major cross-department initiatives with broad scope and long-term business implications. Collaborate with business and technical partners to identify and scope the opportunities, quantify costs, outline potential value and ROI, identify risks, benefits, and constraints. Partner with business to identify innovative solutions and drive strategic decisions. Develop business case in alignment with the MasterCard objectives. Lead scenario planning process and creation, validation and review of estimates, costs, and benefits. Actively look for opportunities for Innovation and creative problem solving. Make presentations to the Senior Management, Business Owners and other Stakeholders and help them in decision making process.
• Perform Proofs of Concepts (PoCs) to assess and identify the technologies per the needs of the organization. Provide recommendation to Senior Management on selection of technologies and strategic technical direction for the department. Lead creation of roadmaps that align with the department strategy and long-term business vision and objectives. Coach and mentor team members, enable knowledge sharing via brownbag sessions on new and upcoming technologies, methodologies, and application appropriate frameworks.
• Lead implementation of processes and supporting tools per the evolving needs of the organization. Identifying process gaps, provide estimates for business solutions, define the initial scope/requirements of the project, and manage the scope during the lifecycle of the project. Plan overall project scope as well as define scope for each phase and iteration to meet business needs/time-to-market needs.
• Define and Lead Quality Assurance and Quality Control processes in the department. Ensure compliance to quality methodology and development of quality metrics by the team. Create guidelines, processes, and standards to ensure high overall quality of product and incident free deployment.
• Instruct and guide the team to ensure that appropriate processes and documentation is in use by the team. Ensure compliance to the defined standards. Actively look for opportunities to modify and enhance standards per the needs of the department. Develop documentation templates, lead and enforce development of artifacts throughout the solution development lifecycle.
• Ensure compliance of Audit Requirements by proactively educating team on Compliance Requirements and Integrating Compliance Requirements in SDLC. Represent team during Compliance Audits.

All About You:
• Extensive background in delivering secure solutions in Financial Services Sector is preferred.
• Expertise with Software Engineering Concepts and Methodologies.
• Proven track record in selection and implementation of methodologies with focus on Lean methodology, delivery of High Efficiency Solutions leading to productivity gains is required.
• Demonstrate MC Core Competencies.
• Experience in vendor relationship management, vendor selection, RFI/RFP process, SOW is highly desired.
• Proven ability to embody MC Leadership Principles.
• Proven capacity to lead and influence matrix based project team members and work as a member of a diverse and geographically distributed team.
• Experience in operations environment is highly desirable.
•Bachelor’s degree in information systems, Information Technology, Computer Science or Engineering or equivalent experience.

Skills/ Abilities:
• Must be politically savvy, high-energy, detail-oriented, proactive, and able to function under pressure in an independent environment. Possess the ability to have a high degree of initiative and self-motivation to drive results.
• Demonstrate ability to organize, manage, plan, and control several concurrent initiatives with conflicting needs.
• Candidate must possess a superior coding background with Java/Spring or Python. Additional required technical requirements are AWS, Databricks/Snowflake.
• Experience using AI to assist in shaping/design applications as well as understand associated risks applicable to using AI.
• Must display strong communication skills -- both verbal and written – and leadership and relationship skills with ability to influence others without having direct authority.
• Proven ability to sell solutions, persuade cross-functional group, garner support for solutions and bring group to a consensus and strong ability in collection and formulation of data, development of Metrics and dashboard reporting.

Pay Ranges

Arlington, Virginia: $195,000 - $323,000 USD

O'Fallon, Missouri: $170,000 - $281,000 USD



About MasterCard

Transactis transforms traditional paper billing and payment processing by enabling businesses of all sizes to replace paper bills, statements, invoices, payments and documents with more efficient digital alternatives. Transactis goes to market exclusively with resellers—financial institutions, technology companies, printers and business process outsourcers—to provide their customers with secure, configurable, white-label, industry-leading SaaS solutions. More than a technology provider to resellers, Transactis is a full-service business partner, delivering a broad and deep suite of sales, marketing, technical and operational support, empowering resellers to more successfully serve their clients. Transactis meets the strictest regulatory and compliance requirements including HIPAA, SSAE 16, PCI Level 1, and SOC 2. Transactis’ investors include ff Venture Capital, MacAndrews & Forbes, Metamorphic Ventures, Safeguard Scientifics, StarVest Partners, Capital One, Fifth Third Bank, PNC, TD Bank and Wells Fargo.

MasterCard Careers

Joining MasterCard offers more than just a job opportunity; it's a gateway to a career infused with innovation, leadership, and growth. As a global leader in payment solutions, MasterCard is at the forefront of the digital economy, driving transformation in the fintech sector.

Work You’ll Do

At MasterCard, your work impacts the global economy. Our team is dedicated to shaping the future of commerce with advanced payment technologies and robust security measures. By joining our team, you will collaborate with some of the brightest minds in technology and business, contributing to projects that enhance how people pay and get paid across the world.

Innovate and Lead

MasterCard is synonymous with innovation. We encourage our professionals to lead with creativity and vision, supported by our substantial investments in technology and research. Our leadership in the digital payments space is not just about technology, but also about the innovative minds that drive our company forward.

Grow Your Career

Career growth at MasterCard is dynamic and rewarding. With a plethora of job opportunities ranging from internships to executive positions, your potential for advancement is limitless. Our commitment to professional development is evident through comprehensive leadership and diversity training programs that prepare you for the next steps in your career.

Be Part of Our Diverse Team

Diversity and inclusion are the bedrock of our company culture. MasterCard’s global team is rich in diverse perspectives, and we believe this is key to our innovation. By joining us, you become part of a culture that values every individual’s unique background and experiences.

Benefits and Culture

MasterCard is committed to supporting our employees’ well-being both inside and outside of work. Our benefits package is designed to enhance your life and help you build a rewarding career. From health and wellness programs to flexible working arrangements, we ensure that our team members are well taken care of.

Explore Job Opportunities

Whether you’re starting out with an internship or seeking a leadership role, MasterCard offers positions that challenge your skills and push you towards personal and professional achievements. Our hiring process is thorough, ensuring that we match the right talent to the right roles.

Networking and Professional Development

Networking at MasterCard goes beyond connecting with colleagues; it involves engaging with industry leaders and innovators who are shaping the future of commerce. Our employees have access to a wide range of networking events, workshops, and seminars that enhance their skills and career trajectories.

Join Our Team

Search open positions that match your skills and interests on the MasterCard Careers page. We are looking for passionate, curious, and innovative team players who are ready to make a difference in the world of digital payments.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. MasterCard is not just a company; it’s a place where you can shape your future and the future of commerce worldwide.

Apply Now

Ready to take the next step in your career? Update your resume, prepare for your interview, and apply for a position at MasterCard. Discover the exciting and rewarding opportunities that await you in a career at one of the world’s leading financial technology companies.

MasterCard Jobs and Careers

Empower your professional journey with MasterCard, where innovation, leadership, and growth come together to create transformative career experiences. Join us and make your mark in the evolving landscape of digital payments.
Learn more about MasterCard
Size
24,000 employees
Market Cap
$330.8 billion
Industry
Net Income
$6.4 billion
Founded
1966
5 Year Trend
+11.9%
Revenue
$15.3 billion
NASDAQ

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