Salary: $180,000 – $250,000

Remote: Hybrid

Principal Security Engineer - Application IdentityAbout Us:At Ubank, we empower the digital generation to achieve financial success. Think of us as your daily money companion, offering a unified view of your finances with smart features and real-time insights. Save more, track spending, and achieve home ownership faster with Ubank.The Why:The Principal Security Engineer (Application & Identity) is the senior technical authority for application security and identity architecture across a modern digital bank's customer-facing products. This role designs and builds reusable security patterns, reference implementations, and middleware that make the secure path the easy path for every product squad – spanning customer authentication, service-to-service authorisation, payment-rail integrations, and vendor federation.Working as an embedded engineering partner within product tribes, this role holds binding decision authority on security architecture for new integrations and auth flows, and is accountable for continuously hardening the identity landscape within a regulated, cloud-native environment.Key Responsibilities:Security Architecture & EngineeringDesign and build production security patterns, middleware, and reference implementations that make secure defaults the path of least resistance for product squadsDefine binding security architecture decisions for authentication flows, service authorization, and third-party integrations – with clear escalation paths where trade-offs existBuild and maintain reusable threat models, security building blocks, and integration patterns that reduce time-to-production for new features and partnershipsIdentity & AuthenticationLead the technical strategy for customer authentication and credential lifecycle – evolving toward phishing-resistant, modern identity standardsDesign service-to-service authorisation architecture ensuring least-privilege, auditability, and resilience across the microservices landscapeEstablish certificate management, mTLS,



and API security patterns for external partner and payment-rail integrationsEmbedded Partnership & InfluencePartner directly with product tribes during design and delivery – providing security architecture guidance as an embedded engineering collaborator, not an external gateCoach and enable squads to conduct threat modelling and apply security patterns independently, scaling security decision-making beyond the security teamPattern Library & Secure DefaultsBuild and curate a living security pattern library covering identity, integration, and data protection – ensuring patterns stay current as the threat landscape evolvesDefine quality gates for security patterns, measuring adoption, effectiveness, and coverage across the engineering organisationContinuous Hardening & Risk ReductionEnsure the identity architecture is continuously hardened through automated validation, least-privilege reviews, and proactive elimination of privilege escalation pathsLead security incident response for application and identity domains – conducting root cause analysis and translating findings into preventive engineering controlsGovernance & Regulatory AlignmentEnsure application security and identity controls satisfy APRA CPS 234 obligations through engineering implementation rather than compliance documentation aloneProvide technical evidence and architectural artefacts that demonstrate control effectiveness to internal and external audit functionsYour Experience:10+ years of hands-on security engineering experience, with at least 4 years focused on application security, identity architecture, or authentication platforms in complex distributed systems.Demonstrated experience designing and implementing production identity systems – customer-facing authentication, service mesh authorisation, certificate lifecycle management,



or API security at scale.Proven track record of creating reusable security patterns, libraries, or frameworks that engineering teams adopted to eliminate recurring vulnerability classes without requiring ongoing consultation.At least 3 years operating in environments with significant third-party integration complexity – payment processors, data providers, or financial services partners requiring mTLS, OAuth federation, or certificate-based trust.Experience in a regulated financial services, fintech, or payments environment (APRA, PRA, FCA, OCC, or equivalent) is highly desirable.Candidates would able to bring in:Production identity platform engineering (OIDC, SAML, FIDO2, passkeys)Threat modelling and secure design embedded in delivery squadsSecurity pattern libraries adopted org-widemTLS, certificate lifecycle, and API gateway securityPayment-rail and third-party integration security architectureZero-trust and least-privilege architecture in containerised environmentsWhy Ubank?Innovation with impact:From meaningful work to amazing benefits, we equip you with the tools and support to drive real change - so your ideasdon’tjust stay ideas, they become impact.Collaborative,supportive& fun:We believe innovation is a team sport. It comes from a special kind of culturethat’shighly collaborative and gives people the support they need to thrive.Build something great:Ubank is where ambition meets prospect. Wedon’tjust talk about change - we give you the tools, trust, and support to make it happen.Freedom to be yourself:We celebrate individuality and give you the flexibility to work in ways that suit your style. Our hybrid working model lets you balance connection and autonomy.Accelerate your Career:With clear paths for career development, your potentialwon’tjust berecognised,it’llbe accelerated.We acknowledge the Traditional Custodians of our local area.This Sydney-based permanent role requires Australian or New Zealand citizenship or permanent residency.We welcome applicantsofall backgrounds, and our Talent team is excited toconnect withyou.#J-18808-Ljbffr

📌 Principal Security Engineer - Application Identity (Haymarket)
🏢 UBank
📍 Haymarket