
Equity Finance Market Maker, Direct Clearing Technology Manager
Wells Fargo
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New Jersey • New York • United States
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Salary
💰 $185,000 - $300,000 per year
Tech Stack
About the role
- Lead the design, build, and rollout of next‑generation Prime Services trade processing and clearing capabilities, focusing on high throughput Market Maker Clearing, Financing workflows, and lifecycle automation
- Partner with MD‑level stakeholders across Front Office, Operations, Product, Risk, Quant, and engineering teams to shape roadmap and delivery priorities.
- Collaborate closely with Product Development, BA, and cross‑functional teams to ensure functional and non‑functional requirements are met.
- Own and execute the multi‑year technology roadmap across globally distributed teams (New York, India, and other regions).
- Architect target‑state distributed systems for Prime trade processing and clearing
- Produce functional specifications, technical design documents, and oversee testing frameworks for risk and margin workflows.
- Manage full SDLC lifecycle including analysis, design, coding, testing, deployment, and production readiness.
- Conduct code reviews and ensure high engineering standards across risk, margin, and exposure technology domains.
- Serve as the technical and functional SME for Options and ETF processing, Market Maker Financing and Clearing methodologies, and system integration.
- Tackle complex analytical and computational challenges involving large datasets, high‑performance calculation engines, and time‑sensitive risk workloads.
- Ensure quality, maintainability, resiliency, and scalability across all platform components.
Requirements
- 7+ years of Specialty Software Engineering experience, or equivalent demonstrated through work experience, training, military experience, education
- 3+ years of management or leadership experience
- 7+ years Capital Markets experience within Sell‑Side, Broker‑Dealer, or Exchange environments
- 6+ years of capital markets or securities industry experience
- 6+ years of direct experience in Prime Brokerage, Equity Finance, Delta‑1, Synthetic Financing, or Margin/Risk technology
- 6+ years of application development experience, Strong proficiency in Java and/or C++ in low‑latency trading or risk environments
- 6+ years designing or building high‑performance distributed systems
- 6+ years managing application development teams (onshore + offshore) in Agile environments
- 5+ years of architectural design experience with distributed compute, caching, and messaging systems
Benefits
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
JavaC++distributed systemshigh-performance calculation enginesSDLCrisk technologymargin technologyapplication developmentcode reviewstechnical design documents
Soft Skills
leadershipcollaborationstakeholder managementanalytical skillscommunicationproblem-solvingteam managementexecutionquality assurancefunctional expertise