Principal Software Engineer
- Salary
- $275,000 - $300,000
- Level
- Principal
Not stated in the posting: work type, visa.
Open. First seen 2 October 2026.
About the role
The Role
We are seeking an exceptionally talented, hands-on, high-performance C++ engineer for our Global Trading and Execution (GTX) technology group. Reports to the Head of GTX. GTX designs, develops, and supports our global Stat-Arb and Low-Latency execution platforms. Location, NYC.
What You Will Do
- Design, develop, and deliver critical components within, and integrating, our Stat-Arb, Low-Latency, and High-Touch platforms
- Work 80% hands-on keyboard, 20% mentor, coordinate staff
- Work closely with the Systematic COO and Business Analysts who support the function on architecture and implementation
- Provide technical thought leadership within the team, and across the front office
- Provide Level 3 support across global operations
What You Will Bring
- Minimum of ten years of experience in C++ development in a Linux based environment
- Expertise in C++ design for microsecond latency, including cache-conscious data structures, lock-free concurrency, and the C++ memory model
- Systems-level latency engineering, including kernel bypass, core isolation, NUMA-aware thread and memory placement, and syscalls off the critical path
- Excellent communication skills, written and verbal, including non-technical stakeholders
- Expertise in building electronic trading systems, market data systems, or crossing engines, including exchange-native protocol and feed handler work
- Experience delivering in co-located execution environments
- Experience leading and mentoring small, highly technical development teams
- Exceptional architectural and design skills
- Proficiency in DevOps methodologies, including CI/CD and build automation
- Experience with Agile Development frameworks
- Experience with Site Reliability Engineering methodology
Key Qualities
- Problem-solving aptitude with a passion for continuous improvement
- Ability to adapt to rapidly changing business requirements
- Strong leadership and team collaboration skills
Schonfeld's standard text
Who we are
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.
Our Culture
At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.
The base pay for this role is expected to be between $275,000 and $300,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.
What this role asks for
65% of this description is written for the role. The rest is Schonfeld's standard text, folded away below.
Compared with Schonfeld's other open jobs.
Salary context
48 other open postings titled Principal Software Engineer state a salary: median USD 200,000 to USD 250,000 a year.
See Software Engineer salaries in New York →
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