Equity Finance Market Marker Direct Clearing Technology Manager

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.
Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Rates, Equities, Foreign Exchange, Municipal Products Group, Credit Sales & Trading.
About this role:
Wells Fargo is seeking a dynamic and embedded Market Marker Front Office Risk Manager to join our Prime Brokerage front office team. This role sits at the intersection of risk management and market maker client engagement, providing risk analysis and strategic insight to support the market maker clearing offering of the Prime Brokerage business. Learn more about the career areas and lines of business at wellsfargojobs.com .
In this role, you will:

• Work with Prime Brokerage (PB) sales teams to review marker maker client portfolios to assess margin requirements and manage client exposures.
• Provide real-time risk commentary and escalation on market events, marker maker behavior, or portfolio shifts.
• Monitor marker maker portfolios for margin adequacy, concentration risk, stress scenarios, and liquidity risk.
• Serve as primary risk point of contact for risk engagement with market makers including:
  • Participate in onboarding and due diligence process pertaining to risk assessment and margin requirements including new portfolio and idiosyncratic trade opportunities.
  • Serve as a risk liaison during meetings, helping to explain margin methodologies, risk frameworks and exposure metrics.
  • Collaborate to optimize margin usage and capital efficiency within the firm's risk parameters.
  • Contribute to the development of risk-adjusted return frameworks and profitability analyses.
  • Negotiate margin terms with market makers.
  • Manage margin models to adhere to model related requirements.
• Serve as Business contact to Market and Credit risk for review and approval of margin risk exceptions.
• Provide risk insight and approach to 'off-the run' financing opportunities.
• Coordinate with Credit Risk, Market Risk Legal, Compliance and Operations to ensure a holistic view of market maker risk.
• Provide input into risk policy updates and contribute to governance forums.
• Provide in-depth risk analysis on new products.

Required Qualifications:

• 7+ years of Securities Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Strong understanding of market maker strategies, derivatives and financing structures.
• Proficiency in risk analytics, margin methodologies (VaR, stress testing, scenario analysis) and capital usage metrics.
• Product expertise in Financing and Structuring of trading strategies.
• Excellent communication skills with the ability to engage both internal stakeholders and external clients.

Job Expectations:

• This role is not eligible for VISA sponsorship
• Ability to travel as needed
• Willingness to work on-site in accordance with current office requirements
• Ability to work additional hours as needed
• Registration for FINRA Series 7 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting Location:
30 Hudson Yards, New York, NY 10001
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.
$215,000.00 - $355,000.00
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:
21 Apr 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.