Full-Time
Java Software Engineer
Updated on 8/18/2026
Charles Schwab
10,001+ employees
Brokerage, banking, and financial advisory services.
No salary listed
Austin, TX, USA + 1 more
More locations: Southlake, TX, USA
In Person
On-site work is required at the specified location.
Bachelor's
 Software Engineering (1) |
|---|
Get referred to Charles Schwab
See people who can refer or advise you
- A bachelor's degree in Computer Science, Engineering, or a related technical field.
- At least 6 years of software engineering experience with Java, Spring Framework, and RESTful API development.
- At least 2 years of experience working with relational or distributed databases such as PostgreSQL, MongoDB, or Yugabyte.
- At least 2 years of experience using source control, continuous integration, and continuous delivery tools such as Git, Bitbucket, or Bamboo.
- At least 2 years of experience developing and deploying applications in cloud environments including Amazon Web Services, Azure, or Google Cloud Platform.
- Experience using AI-assisted engineering tools such as GitHub Copilot or similar technologies to improve software development efficiency while maintaining code quality and engineering standards.
- Experience working in Agile environments using tools such as Jira and Confluence.
- Analytical, problem-solving, collaboration, and communication skills.
- Experience designing, developing, testing, deploying, and supporting enterprise applications across the software development lifecycle.
- Design, develop, test, deploy, and support highly available applications that deliver measurable business and client impact.
- Collaborate with engineers, architects, product partners, and business stakeholders to solve complex technical challenges, influence solution design decisions, and deliver scalable solutions that improve performance, reliability, and maintainability.
- Translate business needs into technical solutions and make informed decisions in a fast-paced environment.
- Continuously improve engineering practices through automation, cloud technologies, and continuous delivery.
- Contribute to the development of distributed applications, application programming interfaces, event-driven solutions, and cloud-aligned services that support critical business capabilities across the firm.
- Use data-driven problem solving and emerging technologies to drive innovation through modern development practices, AI-assisted engineering tools, and engineering productivity solutions.
- At least 1 year of experience developing event-driven architectures using Kafka, RabbitMQ, or similar messaging technologies.
- At least 1 year of experience supporting real-time data processing or streaming applications.
- Experience with batch processing, data pipelines, Spring Batch, or PySpark.
- Ability to independently own and deliver features from design through production deployment.
- Experience participating in architecture discussions, code reviews, and technical design sessions.
- Focus on software quality, test automation, and production reliability.
- Curiosity, adaptability, and commitment to continuous learning and technology innovation.
Charles Schwab offers brokerage, banking, and financial advisory services through its subsidiaries, serving individual investors (including international clients) with access to the U.S. financial markets. Its core products include brokerage and retirement accounts, and online trading, supported by advisory and wealth-management offerings. The service model combines trading, banking, and advisory fees across multiple channels to meet clients where they are. Schwab differentiates itself by a client-centric focus that emphasizes user education and tailored support, enabling people to manage investments, banking needs, and retirement planning in one integrated platform. The company’s goal is to help clients access U.S. financial markets and grow their assets through a comprehensive, educational, and service-oriented financial ecosystem.
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, California
Founded
1973
Get referred to Charles Schwab
See people who can refer or advise you
Simplify's Take
What believers are saying
- Q2 2026 revenue hit $7.1 billion, up 21%, with record $2.8 billion profit.
- Core net new assets reached $119.8 billion, and June gathering hit a record $62.7 billion.
- Schwab is pushing long-short SMAs, crypto spot trading, and Cboe binary options.
What critics are saying
- Client cash shifts can crush net interest income when rates fall, as 2022 proved.
- FINRA ordered $3.8 million in April 2026 over structured-product recommendations, inviting more claims.
- Hyderabad hiring and AI automation can commoditize back-office work, pressuring margins by 2027.
What makes Charles Schwab unique
- Schwab controls $13.08 trillion client assets and 1.4 million new accounts in Q2 2026.
- Its brokerage, banking, and advice stack captures cash, lending, trading, and custody fees.
- Hyderabad will house 2,000 staff by 2027, tightening technology and operations control.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%The Charles Schwab Corporation is establishing a global capability centre in Hyderabad, India, planning to grow it to approximately 2,000 employees by the end of 2027. The centre will begin with about 500 hires in the first year. The facility will support Schwab's US operations through technology, engineering, and operational work. The company also intends to bring some technology work currently handled by external contractors in India in-house. The expansion aims to control costs by tapping into India's skilled technology workforce, which can be more cost-effective than hiring in the US. The centre will focus on technology development and engineering, potentially giving Schwab greater control over its technology infrastructure and reducing dependence on outside contractors. However, questions remain about whether the company needs 2,000 additional employees long-term, given AI's increasing role in automating back-office work.
Charles Schwab has opened a global capability centre in Hyderabad and plans to expand its workforce there to around 2,000 employees by the end of 2027. The company will hire roughly 500 staff in the first year, with the centre handling technology development, engineering and operational support for its US operations. The move contrasts with broader industry trends. Standard Chartered has indicated its Indian back-office roles will be affected by restructuring, whilst Wells Fargo has suggested AI could eventually reduce workforce numbers. A consulting firm analyst noted that established firms are using AI to optimise headcount, whilst newer entrants continue building teams. India hosts over 2,100 such centres employing approximately 2.36 million people, with financial firms representing a quarter of that workforce.
Charles Schwab Corporation has completed a $2.6 billion debt offering, issuing two tranches of fixed-to-floating rate senior notes. The company sold $1.25 billion of 5.108% notes due 2032 and $1.35 billion of 5.655% notes due 2037. The offering was led by BofA Securities, Citigroup Global Markets, Morgan Stanley, TD Securities and Wells Fargo Securities as joint bookrunning managers. Charles Schwab is a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management and financial advisory services through its subsidiaries. The firm serves individual investors and independent investment advisors. Simpson Thacher represented the underwriters in the transaction, with a team led by Roxane Reardon.
Charles Schwab is recruiting a director to lead its long-short separately managed account initiative, according to a job posting. The role involves building a team focused on long-short SMAs and coordinating the business companywide. The move reflects growing interest in these strategies among wealthy investors seeking to diversify concentrated stock positions whilst avoiding large tax bills. Long-short strategies performed exceptionally well for Schwab in Q2, helping drive overall revenue 21% higher year over year. Other firms are also expanding in this space. Neuberger Berman added long-short tax managed strategies to its platform in June, whilst WisdomTree launched a related ETF in January. Despite the push, Schwab introduced limitations in April, capping long-short SMAs at 30% of an adviser's total assets held at the firm.
Charles Schwab declared a quarterly cash dividend of $0.32 per common share, payable in August and September 2026. The company's Q3 2026 Retail Client Sentiment Report showed a sharp rise in bullish sentiment and strong appetite among active traders to buy market dips. Orion recently rolled out fractional share trading for advisors on Schwab's custody platform. This helps independent advisors deploy more client cash within Schwab's ecosystem, potentially supporting higher engagement. Schwab's narrative projects $32.3 billion in revenue and $12.9 billion in earnings by 2029, requiring 9.1% yearly revenue growth. Analysts' fair value estimate stands at $116.16, representing a 9% upside to the current price. Cautious analysts forecast $29.3 billion in revenue and $12.7 billion in earnings by 2029, considerably below consensus estimates.