Equity Finance Market Marker Direct Clearing Technology Manager - Wells Fargo

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.ResponsibilitiesLead 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 automationPartner 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 clearingProduce 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, education3+ years of management or leadership experience7+ years Capital Markets experience within Sell-Side, Broker-Dealer, or Exchange environments6+ years of capital markets or securities industry experience6+ years of direct experience in Prime Brokerage, Equity Finance, Delta-1, Synthetic Financing, or Margin/Risk technology6+ years of application development experience, Strong proficiency in Java and/or C++ in low-latency trading or risk environments6+ years designing or building high-performance distributed systems6+ years managing application development teams (onshore + offshore) in Agile environments5+ years of architectural design experience with distributed compute, caching, and messaging systemsDesired Experience: Experience building front-to-back platforms supporting sales & trading or prime financing organizationsExperience running technology working groups, governance forums, and senior steering committeesKnowledge of object-oriented analysis/design patterns, distributed systems, and large-scale architectureStrong command of SDLC tooling: Git, Jenkins, Jira, Artifactory, uDeploy, etc.Proven track record delivering regulatory or operational risk projects under tight timelinesDeep 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-outsComprehensive knowledge of electronic trading (DMA, algo execution, zero-touch)Familiarity with FIX connectivity and clearing broker/service bureau integrationsExpertise 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 controlsExceptional communication skills, including the ability to articulate complex risk/margin workflows to senior stakeholdersUnderstanding 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 ExpectationsThis position is not eligible for Visa sponsorshipRelocation assistance is not available for this positionPosition offers a hybrid work scheduleLocations300 S Brevard St., Charlotte, North Carolina 28202194 Wood Ave S, Iselin, New Jersey 08830150 E 42nd St. New York, NY 10017Pay RangeReflected 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 - $300,000.00BenefitsWells 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 reimbursementPosting End Date:25 Apr 2026 Job posting may come down early due to volume of applicants. We Value Equal OpportunityWells 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .Drug and Alcohol PolicyWells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.Wells Fargo Recruitment and Hiring Requirements: Third-Party recordings are prohibited unless authorized by Wells Fargo. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.