Java Algo Developer - Cap Mkts-Apps Sys Eng 2

Job Description

Wells Fargo Securities (WFS) is the Capital Markets and Investment Banking division of Wells Fargo Bank, NA. In its role as a United States Treasury Primary Dealer, WFS provides secondary market liquidity in US Treasury issued debt instruments on a continuous basis for its global customer base. As part of these efforts, WFS is building on its electronic market making capabilities by implementing a systematic approach to pricing and risk management.

Wells Fargo Securities IT (WFS IT) is looking for a senior ALGO Developer / Engineer to be part of an E-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. Provide coding direction and guidance on complex calculations and details of complex products with less experienced staff.

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. Lead large projects.

Required Qualifications

  • 7+ years of application development and implementation experience
  • 4+ years of securities industry experience
  • 5+ years of fixed Income experience
  • 10+ years of Java experience
  • 5+ years of algorithmic development experience
  • 3+ years of Low Latency systems development or implementation experience
  • 5+ years of Multi-Threading Experience

Desired Qualifications

  • Advanced experience in capital markets business and processes
  • Basic knowledge and understanding of mathematical modeling
  • Basic knowledge and understanding of SEC, FNRA, and international regulations for building technological solutions
  • Knowledge and understanding of capital markets: business and processes
  • Knowledge and understanding of mathematical concepts, such as financial engineering, calculus, statistical modeling, and concepts of probability

Other Desired Qualifications

  • Knowledge and understanding of financial products: exposure to interest rate swaps, deposits, loans, fix spots and fix forwards
  • Knowledge and understanding of rates
  • Advanced experience in capital markets business and processes
  • Basic knowledge and understanding of mathematical modeling
  • Basic knowledge and understanding of SEC, FNRA, and international regulations for building technological solutions
  • Graduate degree in Computer Science
  • Strong knowledge of JDK 1.8+ programming paradigms • Strong knowledge of multi-core / multi-threading concepts and paradigms • Strong knowledge of UNIX/LINUX • Strong knowledge of core computer science design concepts, algorithms, and data structures ; • Experience working on low latency high-throughput transactional systems • Background in e-trading (SOR/Algo/EMS/MarketData) and (electronic market making in fixed income products) • Front-office multi-asset trading knowledge • Low-latency JAVA experience (GC elimination, etc) • Knowledge of rates market structure and fixed income algorithmic trading • Understand principles of Matching Engines • Knowledge of US Rates trading products:
  • UST On-the-Runs
  • CME Treasury Futures
  • CME Eurodollar Futures
  • USD Interest Rate Swaps
  • Understanding of Central Limit Order Book (CLOB) matching rules with specific focus on:

BrokerTec

eSpeed

CME

  • Working knowledge of mathematical modeling constructs substantially similar to one, or more, of the following (either as an individual contributor or in leading others): advanced mathematical concepts, such as financial engineering/advanced calculus/statistical modeling/concepts of probability; theoretical pricing characteristics, e.g., the Greeks; and/or expertise in developing technology in support of multiple, complex risk and/or pricing models.
  • Extensive experience in the capital markets business and processes, e.g., pricing of derivatives, trade lifecycle, electronic trading/algorithmic trading;
  • Working knowledge of data analytics tools (i.e., KDB+ or Big Data) required to build and regression test models using python

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

0121987 CORPORATE FINANCE


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