Spread Electronic Trading/algo Trading Platform Principal Engineer

Principal Engineer, Electronic Trading

Wells Fargo is seeking a highly skilled Principal Engineer specializing in Electronic Trading to join our dynamic team. As a Principal Engineer, you will be responsible for designing, developing, and maintaining electronic trading systems, ensuring high performance, reliability, and scalability. You will work closely with cross-functional teams including product owners, traders, quants, and developers to ensure the reliability, scalability, and efficiency of our electronic trading platform. Additionally, you will provide technical leadership, mentorship, and guidance to junior engineers, fostering a culture of innovation and excellence.

As Principal Engineer, you will drive the design and evolution of the Spread Electronic Trading/Algo Trading platform, ensuring it delivers best-in-class performance and resiliency. You will lead development of pricing and quoting frameworks that enable traders and quants to rapidly model and deploy execution logic across Credit, Munis, and Structured Products. You will architect and optimize the ET platform, balancing low-latency components with scalable services to support strategy deployment, monitoring, and analytics. You will oversee ECN and exchange integration, ensuring robust market data handling, smart order routing, and efficient execution across venues. Finally, you will embed hedging logic and risk management controls directly into the platform, delivering automated guardrails, real-time exposure monitoring, and compliance with regulatory standards—making this role central to both business growth and platform integrity.

In this role, you will:

• Act as an advisor to leadership to develop or influence applications, network, information security, database, operating systems, or web technologies for highly complex business and technical needs across multiple groups
• Lead the strategy and resolution of highly complex and unique challenges requiring in-depth evaluation across multiple areas or the enterprise, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking
• Translate advanced technology experience, an in-depth knowledge of the organizations tactical and strategic business objectives, the enterprise technological environment, the organization structure, and strategic technological opportunities and requirements into technical engineering solutions
• Provide vision, direction and expertise to leadership on implementing innovative and significant business solutions
• Maintain knowledge of industry best practices and new technologies and recommends innovations that enhance operations or provide a competitive advantage to the organization
• Strategically engage with all levels of professionals and managers across the enterprise and serve as an expert advisor to leadership
• Design, develop, and maintain electronic trading systems to meet low-latency, high-throughput requirements for key eTrading components including order management, Market Data Aggregators, Executions, Offering, RFQs and FrontOffice Algo/Pricing/Hedging systems.
• Collaborate with traders, quants, and other stakeholders to understand business requirements and translate them into technical solutions.
• Conduct performance analysis and optimization to ensure low latency, high throughput, and efficient resource utilization.
• Lead and participate in code reviews, ensuring adherence to coding standards, best practices, and architectural guidelines.
• Collaborate with infrastructure and operations teams to deploy and maintain trading systems in production environments, ensuring stability, resilience, and compliance with regulatory requirements.
• Drive continuous improvement initiatives to enhance the reliability, scalability, and performance of electronic trading systems.
• Participate in incident response and resolution, providing timely and effective support to address production issues.
• Experience working with global development teams
• Implementing pricing, quoting, hedging, and risk logic across spread products.
• Experience in working with quants and traders to integrate models into production-ready algos.

Required Qualifications:

• 7+ years of Engineering experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 5+ years of experience in building algo platforms for spread products.
• 5+ years Extensive experience (14+ years) in software development, with a focus on electronic trading systems and financial markets
• 5+ years experience programming languages such as C++, Java, or Python, with a strong emphasis on low-latency, high-performance computing in Linux environment
• 5+ years of deep understanding of data structures, algorithms and object-oriented programming
• 5+ years experience electronic trading protocols, order types, market data feeds, and exchange connectivity
• 5+ years experience with networking protocols, multicast, and TCP/IP

Desired Qualifications:

• Master's degree in computer science/engineering
• Experience with cloud computing platforms (e.g., AWS, Azure) and containerization technologies (e.g., Docker, Kubernetes) is a plus
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams
• Strong analytical and problem-solving skills, with a track record of delivering robust and scalable solutions in a fast-paced environment
• Leadership experience, including the ability to mentor junior engineers, drive technical initiatives, and influence decision-making

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 achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$191,000.00 - $305,000.00

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