About this role:

Wells Fargo Securities (WFS) is the Capital Markets and Investment Banking division of Wells Fargo Bank, NA.  As a part of Institutional Investor Services, WATS electronic equities trading group provides the state-of-the-art technology enables efficient trading strategies across single stocks, portfolios, and pairs trading.

Wells Fargo is seeking a Rates Lead Specialty Software Engineer to be a part of the electronic trading development team building out its next generation, cross asset platform.

This individual will be a senior systems engineer and technical expert in the development of very highly sophisticated and complex trading applications for a major functional and/or product area within the securities businesses. They will analyze highly complex business requirements. Write functional documents and design technical specifications. Design and/or redesign existing complex computer platforms and applications. Maintain full project life-cycle tasks, such as business and technical analysis, designing, coding, testing, and implementation plans. Maintain all system diagrams, system interface charts and any other compliance policy and procedure documents. Work closely with quality assurance on the preparation of test cases. Coordinate implementation activities across a broad range of functions and departments; work with client groups to identify, arrange, and/or deliver training needs.

In this role, you will:

Lead complex initiatives on selected domainsEnsure systems are monitored to increase operational efficiency and managed to mitigate riskDefine opportunities to maximize resource utilization and improve processes while reducing costLead, design, develop, test and implement applications and system components, tools and utilities, models, simulation, and analytics to manage complex business functions using sophisticated technologiesResolve coding, testing and escalated platform issues of a technically challenging natureLead team to ensure compliance and risk management requirements for supported area are met and work with other stakeholders to implement key risk initiativesMentor less experienced software engineersCollaborate and influence all levels of professionals including managersLead team to achieve objectivesPartner with production support and platform engineering teams effectively

Required Qualifications:

5+ years of Specialty Software Engineering experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education5+ years of Java experience5+ years of Rates e-trading experience5+ years of electronic trading experience in Interest Rates Product Trading markets5+ years of algorithmic/electronic-trading development experience3+ years of Low Latency systems development or implementation experience3+ years of multicast messaging framework development experience5+ years of multi-threading experience

Desired Qualifications:

Knowledge and understanding of all Liquid Products including UST, IRS and Interest Rates related Futures such as packs and bundles for pricing construction and risk managementStrong knowledge of JDK 1.8+ programming paradigmsStrong knowledge of multi-core / multi-threading concepts and paradigmsStrong knowledge of UNIX/LINUXStrong knowledge of core computer science design concepts, algorithms, and data structuresBackground in e-trading (SOR/Algo/EMS/MarketData) and (electronic market making products)Experience in low-latency/real-time development and optimizationWorking knowledge with market data / ECN connectivity / FIX protocol developmentLow-latency JAVA experience (GC tuning, etc.)Working knowledge of quantitative modelingWorking knowledge with tools required for regression test automationAdvanced experience in capital markets business and processesBasic knowledge and understanding of SEC, FINRA and international regulationsWorking knowledge on Agile best practices

Location:

300 S Brevard Street, Charlotte, NC 28202

150 E 42nd St. New York, NY  10017

Metro Park, 194 Wood Avenue South, Iselin, New Jersey 08830

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$120,400.00 - $287,600.00

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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement

Posting End Date:

2 Mar 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

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.