Equity Finance Market Marker Direct Clearing Technology Manager

• Posted 5 hours ago • Updated 5 hours ago
Full Time
On-site
USD $185,000.00 - 300,000.00 per year
Fitment

Dice Job Match Score™

⏳ Almost there, hang tight...

Job Details

Skills

  • Optimization
  • Front Office
  • Quantitative Analysis
  • Collaboration
  • Product Development
  • Business Analysis
  • Business Analytics
  • Functional Requirements
  • Roadmaps
  • Technical Drafting
  • Systems Analysis/design
  • Testing
  • ETF
  • System Integration
  • Analytical Skill
  • Scalability
  • Software Engineering
  • Training
  • Military
  • Leadership
  • Microsoft Exchange
  • Capital Market
  • Securities
  • Brokerage
  • Risk Management
  • Java
  • C++
  • Application Development
  • Offshoring
  • Agile
  • Architectural Design
  • Caching
  • Messaging
  • Sales
  • OOAD
  • Design Patterns
  • Git
  • Jenkins
  • JIRA
  • Operational Risk
  • UPS
  • DMA
  • Normalization
  • Management
  • Vendor Management
  • Communication
  • Articulate
  • Financing
  • Innovation
  • Equities
  • Derivatives
  • Productivity
  • Software Development Methodology
  • Code Refactoring
  • Continuous Integration
  • Continuous Delivery
  • Artificial Intelligence
  • Machine Learning (ML)
  • Trading
  • Workflow
  • Spanning Tree Protocol
  • Jersey
  • Life Insurance
  • Insurance
  • FOCUS
  • Customer Relationship Management (CRM)
  • Accountability
  • Finance
  • Policies and Procedures
  • Regulatory Compliance
  • Recruiting

Summary

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 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 .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our 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.
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 90922487
  • Position Id: 24037407
  • Posted 5 hours ago
Create job alert
Set job alertNever miss an opportunity! Create an alert based on the job you applied for.

Similar Jobs

Chicago, Illinois

Today

Full-time

Compensation information provided in the description

Chicago, Illinois

Today

Full-time

Compensation information provided in the description

Redmond, Washington

Today

Full-time

USD 100,600.00 - 199,000.00 per year

Melbourne, Florida

Today

Full-time

Search all similar jobs