Sr. Principal Product Engineer
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
The Product Engineer is a critical bridge between customers, R&D, and business stakeholders, responsible for defining, validating, and delivering high-quality, production-ready software solutions. This role owns Pegasus product behaviour from early requirements definition through customer deployment, with a strong focus on correctness, performance, scalability, and usability.
In addition to deep domain expertise, the role increasingly leverages AI-assisted analysis, data-driven decision making, and automation to improve product quality, predict issues, accelerate root-cause analysis, and enhance customer outcomes.
Key Responsibilities
Product Definition & Technical Ownership
- Own different parts of Pegasus from requirements definition through release support.
- Translate customer use cases and market needs into clear Product Requirement Specifications (PRS) and collaborate with R&D on functional specifications.
- Review and validate product designs to ensure alignment with customer expectations, architectural standards, and long-term roadmap goals.
- Act as a recognized product expert, providing consultation and technical guidance across engineering, field, and customer teams.
Customer Engagement & Issue Resolution
- Partner closely with customers to understand real-world workflows, diagnose complex issues, and drive timely resolutions.
- Lead investigation of product correctness, performance, and scalability issues usingsystematic analysis and data-driven debugging.
- Consolidate customer feedback and production data into actionable insights for product improvement.
- Represent Product Engineering in escalations and customer reviews, ensuring clarity, accountability, and technical credibility.
Quality & Release Readiness
- Drive release readiness decisions by evaluating quality metrics, risk, and customer impact.
- Collaborate with QA and R&D to improve test coverage, reduce defect escape, and increase predictability of product behavior.
AI-Assisted & Data-Driven Engineering
- Apply AI-assisted techniques to accelerate root-cause analysis, performance bottleneck identification, and anomaly detection.
- Leverage data from regressions, customer runs, and field usage to identify patterns, predict failure modes, and prioritize improvements.
- Use scripting and automation (e.g., Python) to build intelligent workflows for triage, validation, and reporting.
Cross-Functional Leadership
- Work in a global, cross-functional environment spanning R&D, QA, Field Applications, and Foundry/Partner teams.
- Lead a review specification and guide technical decision-making.
- Identify emerging technologies and industry trends that can create competitive or business differentiation.
Required Qualifications
- Strong background in software engineering, EDA tools, or complex technical systems.
- Experience translating customer requirements into product specifications and production-ready solutions.
- Proven ability to debug complex technical issues across correctness, performance, and scalability dimensions.
- Proficiency in scripting or programming (e.g., Python, Perl, or similar).
- Experience working directly with customers and distributed engineering teams.
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Preferred / Differentiating Skills
- Experience applying AI concepts to engineering problems (analysis, prediction, automation, intelligent diagnostics).
- Background in semiconductor and EDA environments.
- Ability to influence product direction and technical strategy beyond immediate assignments.
The annual salary range for California is $154,000 to $286,000. You may also be eligible to receive incentive compensation: bonus, equity, and benefits. Sales positions generally offer a competitive On Target Earnings (OTE) incentive compensation structure. Please note that the salary range is a guideline and compensation may vary based on factors such as qualifications, skill level, competencies and work location. Our benefits programs include: paid vacation and paid holidays, 401(k) plan with employer match, employee stock purchase plan, a variety of medical, dental and vision plan options, and more.
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Perks and Benefits
Health and Wellness
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- HSA With Employer Contribution
- Fitness Subsidies
- On-Site Gym
- Mental Health Benefits
- Virtual Fitness Classes
- Health Insurance
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Flexible Work Hours
- Hybrid Work Opportunities
Office Life and Perks
- Casual Dress
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Unlimited Paid Time Off
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Volunteer Time Off
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Access to Online Courses
- Internship Program
- Leadership Training Program
Diversity and Inclusion