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Rates Principle Engineer

Wells Fargo Securities (WFS) is the Capital Markets and Investment Banking division of Wells Fargo Bank, NA.
Charlotte, NC, USANew York, NY, USA
$144,400 - $300,000
Backend
Principal Software Engineer
In-Person
5,000+ Employees
7+ years of experience
Finance
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Description For Rates Principle Engineer

Wells Fargo Securities is seeking a Principal Engineer to join their electronic trading development team, focusing on building a next-generation, cross-asset platform. This role combines technical leadership with hands-on development in a high-stakes financial environment. The position involves leading the development of sophisticated electronic trading applications, working with cutting-edge technology in the rates trading space.

As a Principal Engineer, you'll be responsible for guiding a team of engineers while maintaining technical expertise in electronic trading systems. The role requires deep knowledge of low-latency development, market data systems, and financial protocols. You'll work at the intersection of technology and finance, building systems that handle complex trading operations while meeting strict performance requirements.

The ideal candidate brings extensive experience in both software engineering and electronic trading, particularly in interest rates products. You'll need to understand both the technical aspects of building high-performance trading systems and the business context of capital markets. The role offers competitive compensation ($144,400 - $300,000) and comprehensive benefits including health insurance, 401(k), and various other perks.

This position is available in multiple prestigious financial centers (New York, Charlotte, and Iselin), offering the opportunity to work with Wells Fargo's capital markets division. You'll be part of a team that's pushing the boundaries of trading technology while working for one of the largest financial institutions in the world. The role combines leadership, technical expertise, and domain knowledge in financial markets, making it an excellent opportunity for experienced engineers looking to make an impact in financial technology.

Last updated 3 months ago

Responsibilities For Rates Principle Engineer

  • Lead, coach, and develop a team of individual contributor engineers to deliver complex initiatives
  • Function as the technical expert for the product during cross-team collaborative efforts
  • Identify and recommend opportunities for driving resolution of technology roadblocks
  • Ensure systems are monitored to increase operational efficiency
  • Define opportunities to maximize resource utilization and improve processes
  • Lead, design, develop, test and implement applications and system components
  • Collaborate with Product Managers/Product Owners to drive user satisfaction
  • Resolve coding, testing and escalated platform issues
  • Lead team to ensure compliance and risk management requirements
  • Partner with production support and platform engineering teams
  • Interact directly with third party vendors and technology service providers

Requirements For Rates Principle Engineer

Java
  • 7+ years of Specialty Software Engineering experience
  • 7+ years of Rates e-trading experience
  • 7+ years of electronic trading experience in Interest Rates Product Trading markets
  • Background in e-trading (SOR/Algo/EMS/MarketData) and electronic market making products
  • Experience in low latency/real-time development and optimization
  • Working knowledge with market data / ECN connectivity / FIX protocol development
  • Low-latency JAVA experience (GC tuning, Core Pinning, Shared Memory etc.)
  • Working knowledge of quantitative modeling

Benefits For Rates Principle Engineer

401k
Medical Insurance
Dental Insurance
Vision Insurance
Parental Leave
Commuter 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