Wells Fargo

Equity Finance Market Maker, Direct Clearing Technology Manager

Wells Fargo

full-time

Posted on:

Location Type: Hybrid

Location: New York CityNew JerseyNew YorkUnited States

Visit company website

Explore more

AI Apply
Apply

Salary

💰 $185,000 - $300,000 per year

Job Level

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