Lead Java Software Engineer - Equity Derivatives Risk, Quant & AI-Enabled Platforms

Posted An Hour Ago
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New York, NY, USA
Hybrid
191K-305K Annually
Senior level
Fintech • Financial Services
Wells Fargo: Tech-powered. Innovation-led. We're transforming financial services.
The Role
About this role:
Wells Fargo is seeking a Lead Java Software Engineer to join the Equity Derivatives Technology organization within Commercial and Corporate & Investment Banking Technology. This role sits at the heart of the front-office risk and pricing platform, supporting mission-critical trading and risk workflows across the equity derivatives business.
You will play a key role in modernizing and scaling Wells Fargo's strategic Risk & Pricing platform, enabling real-time and intraday risk analytics for a broad set of derivative desks, including Index and Single-Stock Flow, Delta-1, Equity Finance & Futures, Convertibles, Corporates, and Structured OTC / Notes. This is a hands-on senior engineering role designed for a highly quantitative risk developer with experience building large-scale, distributed systems capable of processing substantial data volumes under strict latency, throughput, and resiliency requirements. You will design and build cloud-compliant, low-latency, high-throughput platforms, working closely with front-office stakeholders, quantitative teams, and production partners.
As the platform continues to evolve, this role will incorporate applied AI and GenAI-enabled capabilities to enhance risk analytics, intraday monitoring, automation, anomaly detection, and decision support. If you thrive on solving complex problems at scale and want to influence the next generation of risk and trading technology using modern engineering and AI-assisted practices, this role offers both depth and impact.
In this role, you will:
  • Lead and influence strategic technology initiatives across the Equity Derivatives Risk domain, partnering with front-office, quantitative, and platform stakeholders to deliver high-impact outcomes.
  • Architect, design, and build scalable, low-latency applications and microservices supporting real-time pricing, risk, analytics, and simulations for complex derivative products.
  • Own and evolve core risk and pricing frameworks, ensuring performance, resiliency, scalability, and extensibility across multiple trading desks and products.
  • Design and deliver large-scale, distributed systems capable of handling high-volume, high-velocity datasets under strict latency and availability requirements.
  • Champion engineering excellence, establishing and driving best practices around system design, performance optimization, clean code, testing, observability, and operational resilience.
  • Drive automation in testing, documentation, and deployment to improve reliability, scalability, and speed to market.
  • Collaborate closely with production support and platform engineering teams to ensure smooth day-to-day operations, rapid incident resolution, and continuous improvement.
  • Mentor and develop engineers, fostering a culture of technical excellence, ownership, quantitative rigor, and continuous learning, while ensuring compliance with enterprise risk management and regulatory requirements.
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, education
  • 5+ years of hands-on Core Java development, with deep expertise in memory management, garbage collection tuning, multithreading, concurrency models, native I/O, and JNI
  • 3+ years designing and building distributed systems, delivering low-latency, high-throughput, highly available, and fault-tolerant architectures using event-driven and microservices patterns
  • 2+ years of experience with in-memory data grids (e.g., Oracle Coherence, Apache Ignite, GemFire)
  • 2+ years working with NoSQL databases such as MongoDB or Cassandra, including schema design and query optimization
  • 1+ years of solid experience in modern AI development tooling, including AI-assisted coding tools (e.g., GitHub Copilot) and contemporary IDEs
Desired Qualifications:
  • Bachelor's degree or higher in Computer Science, Engineering, or a related field
  • Strong experience in capital markets workflows, including trade capture, lifecycle management, pricing, and risk analytics, with hands-on exposure to equity derivatives products (options, futures, swaps, exotics, synthetics, convertibles, prime brokerage)
  • Deep understanding of derivative pricing, valuation, and risk methodologies, including Greeks, VaR, CCAR, FRTB, DV01, and PnL attribution
  • Proven ability to design, build, or integrate scalable front-office risk and analytics components with trading platforms
  • Demonstrated experience developing or integrating GenAI solutions, including LLM-based or agentic systems, applied to risk analytics, decision support, anomaly detection, or surveillance
  • Strong software engineering fundamentals: algorithms, data structures, performance optimization, clean code, and scalable system design
  • Effective communicator able to work directly with front-office and business stakeholders in fast-paced, high-pressure environments
Job Expectations:
  • This position offers a hybrid work schedule
  • Relocation assistance is not available
  • Visa sponsorship is not available
Pay Range
Reflected 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.
$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
Posting End Date:
27 Jun 2026
* Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells 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 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.
#BI-Hybrid

Skills Required

  • 5+ years of Specialty Software Engineering experience (or equivalent)
  • 5+ years of hands-on Core Java development with expertise in memory management, GC tuning, multithreading, concurrency, native I/O, and JNI
  • 3+ years designing and building distributed, low-latency, high-throughput, highly available, fault-tolerant architectures using event-driven and microservices patterns
  • 2+ years of experience with in-memory data grids (e.g., Oracle Coherence, Apache Ignite, GemFire)
  • 2+ years working with NoSQL databases such as MongoDB or Cassandra, including schema design and query optimization
  • 1+ years of experience in modern AI development tooling, including AI-assisted coding tools (e.g., GitHub Copilot) and contemporary IDEs
  • Bachelor's degree or higher in Computer Science, Engineering, or related field
  • Experience in capital markets workflows and equity derivatives products (options, futures, swaps, exotics, convertibles)
  • Deep understanding of derivative pricing, valuation, and risk methodologies (Greeks, VaR, FRTB, DV01, PnL attribution)
  • Proven experience designing or integrating scalable front-office risk and analytics components with trading platforms
  • Experience developing or integrating GenAI/LLM solutions for risk analytics, anomaly detection, or decision support
  • Strong software engineering fundamentals: algorithms, data structures, performance optimization, clean code, scalable system design
  • Effective communication and ability to work directly with front-office and business stakeholders

Wells Fargo Compensation & Benefits Highlights

How does Wells Fargo ensure its pay and bonus plans are competitive?

Wells Fargo ensures its pay and bonus plans remain competitive through a structured, performance-driven compensation philosophy combined with regular market benchmarking. The company’s approach is centered on “pay for performance,” meaning compensation is directly linked to individual contributions, business results, and overall company performance. This includes evaluating how employees meet regulatory expectations, manage risk responsibly, and contribute to long-term value creation.

To maintain market competitiveness, Wells Fargo conducts global compensation reviews using third-party consultants. These reviews assess both base salary and total compensation across the organization, factoring in role, level, tenure, and geographic differences. The company also evaluates pay equity and has reported no significant unexplained pay gaps following its most recent review. This process ensures that compensation remains aligned with industry standards while reinforcing fairness and transparency.

Bonuses and incentives are designed to reward strong performance and support retention of top talent. Compensation programs are structured not only to motivate employees but also to promote prudent risk management and discourage excessive risk-taking—an important consideration in financial services. In addition to performance-based pay, employees benefit from a comprehensive rewards package that includes a 401(k) match (up to 6%), stock purchase opportunities, and other financial wellness resources.

Together, these practices create a compensation framework that balances competitiveness, fairness, and long-term sustainability—helping Wells Fargo attract, retain, and reward talent across its global workforce.

Employee Perspective

“Wells Fargo has given me the opportunity to pursue my master’s degree. With the tuition reimbursement and the support of my managers, I’ve been able to gain some really valuable skills.”

— Destinee Richey, Business Intelligence Consultant

At-a-Glance

  • Compensation philosophy: Pay for performance tied to individual, business, and company outcomes
  • Market alignment: Global benchmarking with third-party consultants; no significant unexplained pay gaps
  • Bonus structure: Performance-based incentives aligned with results and risk management
  • Total rewards: 401(k) match up to 6%, stock purchase plan, financial wellness resources

 

External Signals

  • Comprehensive Benefits: Employees give the company high marks for its benefits package, giving it an ‘A-’ rating and a 73% satisfaction score on external review sites (Comparably).
  • LinkedIn Top Companies 2025: #3 overall, #1 in financial services
  • Disability Equality Index: 100% score (multiple years)
  • CAREERS & the disABLED Top Employers 2024: #3 ranking
  • Military Friendly Employer (2025): Top 10 Gold Seal

Wells Fargo Insights

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The Company
HQ: San Francisco, CA
205,000 Employees
Year Founded: 1852

What We Do

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation, information security, and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place. Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it – Wells Fargo once again ranked in the top three – making us the #1 financial services employer – on the 2025 LinkedIn Top Companies list of best workplaces “to grow your career” in the U.S. 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. © 2026 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

Why Work With Us

We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked in the top 3 on the 2025 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.

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