The position is within the Prime Services Technology organization for a hands-on senior technology leader responsible for driving the build-out of the strategic Market Marker Clearing platform. The role oversees the end-to-end technology team Market Maker Clearing, Financing workflows, and lifecycle automation for Options and ETFs.
Qualified candidates will have deep experience delivering large-scale technology transformations in front-office risk, margin, or capital optimization domains, with proven ability to partner with senior stakeholders across Front Office, Risk, Finance, Operations, and Compliance.
Responsibilities
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.
Required Experience:
7+ years of Specialty Software Engineering experience, or equivalent demonstrated through one or a combination of the following: 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
Desired Experience:
Experience building front-to-back platforms supporting sales & trading or prime financing organizations
Experience running technology working groups, governance forums, and senior steering committees
Knowledge of object-oriented analysis/design patterns, distributed systems, and large-scale architecture
Strong command of SDLC tooling: Git, Jenkins, Jira, Artifactory, uDeploy, etc.
Proven track record delivering regulatory or operational risk projects under tight timelines
Deep expertise across equity and listed derivative trade lifecycles including allocation, reconciliation, clearing, settlement, and financing workflows.
Strong understanding of Market Maker workflows, sponsored clearing, give-ups, and step-outs
Comprehensive knowledge of electronic trading (DMA, algo execution, zero-touch)
Familiarity with FIX connectivity and clearing broker/service bureau integrations
Expertise in architectures supporting clearing broker APIs, trade enrichment, data normalization, and risk/financing engines.
Experience building operational tooling (exception management, monitoring, automation)
Familiarity with TCO analysis, vendor management, and risk controls
Exceptional communication skills, including the ability to articulate complex risk/margin workflows to senior stakeholders
Understanding of regulatory frameworks for clearing, margin, and financing.
Understanding of capital and liquidity calculations related to prime financing
AI-Driven Innovation & Engineering Acceleration
Embed AI across all Equities Technology pillars (EFF, Derivatives, Cash) to improve developer productivity, reduce operational load, and accelerate delivery.
Drive AI-assisted SDLC modernization: code generation, test creation, defect prediction, automated refactoring, and CI/CD quality gates.
Use AI/ML to enhance trading and post-trade workflows, including anomaly detection in STP breaks, margin exceptions, futures clearing discrepancies, and corporate-action processing.
Job Expectations
This position is not eligible for Visa sponsorship
Relocation assistance is not available for this position
Position offers a hybrid work schedule
Locations
300 S Brevard St., Charlotte, North Carolina 28202
194 Wood Ave S, Iselin, New Jersey 08830
150 E 42nd St. New York, NY 10017
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$185,000.00 - $300,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) for an overview of the following benefit plans and programs offered to employees.
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
Posting End Date:
28 Mar 2026
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-drug-and-alcohol-policy) to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
Req Number: R-532123
