Principal Engineer Fixed Income, Currencies & Commodities (FICC)

Wells Fargo is seeking a Principal Engineer within the Commercial Corporate & Investment Bank Technology (CCIBT) organization to architect, build, and lead the next-generation Strategic Trade Management platform components for our Fixed Income, Currencies & Commodities (FICC) and Derivatives businesses. This role offers a high-visibility opportunity to modernize and transform core trade lifecycle capabilities at enterprise scale, combining low-latency execution with complex derivative modeling, real-time valuations, and intelligent trade event orchestration.

About the role

The Principal Engineer will contribute to the end-to-end technical vision for a cross-asset trade lifecycle management platform supporting all Fixed Income cash and derivative products. In its end state, the platform will provide Wells Fargo Trading Businesses with a competitive advantage by accelerating new product launches, regulatory compliance, and business growth. The role involves working directly with trading desks, quant teams, and senior technology leadership to drive modernization by embedding AI in all aspects of the SDLC and platform workflows, enabling next-generation client experiences in capital markets.

Responsibilities

• 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 long-term, large-scale solutions that require vision, creativity, innovation, and advanced analytical thinking.
• Translate advanced technology experience and in-depth knowledge of business objectives 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, recommending innovations that enhance operations or provide a competitive advantage.
• Strategically engage with all levels of professionals and managers across the enterprise, serving as an expert advisor to leadership.
• Design, code, and deliver production-grade microservices using Java, gRPC, Python/FastAPI, service mesh, reactive architectures, and Micro Front-End patterns.
• Integrate agentic development practices with GitHub Copilot and custom LLM agents to accelerate delivery velocity by 3-5x.
• Engineer sub-millisecond trade processing paths for rates, credit, FX, and commodities while maintaining strict non-functional requirements (NFRs) for throughput, resilience, data consistency, and auditability.
• Lead the decommissioning of legacy monolithic systems and migration to a cloud-native, vertically integrated system-of-record with embedded agentic intelligence for trade-event modeling, exception handling, and real-time valuations.
• Partner across Trading, Quant, Risk, Operations, and Compliance to translate complex business needs into scalable technology solutions, influencing enterprise standards and architecture review boards.
• Mentor senior engineers and technologists; establish best practices for secure, observable, and testable code; drive adoption of modern engineering disciplines across the Capital Markets Technology organization.

Requirements

• 7+ years of Engineering experience, or equivalent demonstrated through work experience, training, military experience, or education.
• 4+ years of Software Engineering experience, with at least 5 years in a principal or Lead Architect capacity within a global Capital Markets environment.
• 4+ years in FICC Trade Life Cycle: Deep domain knowledge of Fixed Income, Currencies, and Commodities, including trade capture, valuation models, and lifecycle event management.
• 4+ years in High-Performance Stack: Proven mastery of Java (concurrency, JVM tuning) and Python (FastAPI, data science libraries).
• 4+ years in Distributed Systems: Extensive experience with gRPC, Service Mesh (Istio/Linkerd), and high-performance messaging protocols.

Qualifications

• Desired:
  • Prior experience building or significantly contributing to industry-leading platforms.
  • Understanding of pricing and risk for complex derivatives (Swaps, Options, Exotics) and how they translate into trade event models.
  • Experience implementing GitHub CoPilot or similar AI-assisted engineering tools at scale to drive "Agentic Development" workflows.
  • Experience with Micro Front Ends to decouple trader UIs and allow independent module deployment.
  • Familiarity with deploying mission-critical financial systems on hybrid cloud environments (Azure/GCP/AWS) with a focus on data residency and sovereignty.
  • Bachelor's or master's degree in computer science or Financial Engineering.

Job Expectations

• Ability to work on-site at one of the posted locations.
• Relocation assistance is not available for this position.
• Visa sponsorship is not available for this position.

Posting Locations: 300 S Brevard St. Charlotte, NC 28202; 194 Wood Ave S, Iselin, NJ 08830; 125 High St. - Boston, Massachusetts 02110

Pay

The base pay range for this position is $159,000.00 - $305,000.00. 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.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, including:

• 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