Managing Director, Head of Electronic Trading

Wells Fargo & Company•New York, NY

1d•Onsite

About The Position

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. Markets Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Macro, Equities, Municipal Products Group, Credit Sales & Trading. About this role: Wells Fargo is seeking a Managing Director, Head of Electronic Trading for its Markets Division. The Head of Electronic Trading is responsible for setting and executing the firm’s electronic trading strategy across the Markets franchise for all Asset Classes. This role drives growth, efficiency, and risk discipline by expanding electronic product capabilities, optimizing market access, and integrating technology, quantitative models, and trading desks to deliver scalable, compliant, and client‑focused solutions. The role reports directly to the Heads of Markets and partners closely with Trading, Technology, Quantitative Analytics, Risk, Compliance, and Operations to ensure electronic trading platforms align with business priorities, regulatory requirements, and Wells Fargo’s broader Markets strategy.

Requirements

10+ years of Securities Algorithmic Trading experience, or equivalent demonstrated through one or a combination of following: work experience, training, military experience, education
4+ years of management or leadership experience
Registration for Securities Industry Essentials (SIE) exam 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
Registration for FINRA Series 7 (or 79) 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.

Nice To Haves

Significant experience in Markets, with deep expertise in electronic trading, market structure, and execution platforms.
Demonstrated leadership across multi‑asset electronic trading or a significant asset class with global scope.
Strong understanding of trading technology, signal generation, central risk books, quantitative models, data analytics, and automation.
Proven ability to operate effectively in a highly regulated environment with strong risk and control orientation.
Experience partnering with senior stakeholders across Trading, Technology, Risk, Compliance, and Operations.
Advanced degree (MBA, MS, PhD) strongly preferred.

Responsibilities

Define and execute the firm’s electronic trading vision and roadmap across asset classes, aligned with Markets growth, client engagement, and capital efficiency goals.
Lead the evolution of high‑touch, low‑touch, and automated trading capabilities, including algorithmic execution, smart order routing, and liquidity aggregation.
Drive innovation in market structure engagement, data strategy, and advanced analytics to improve pricing, execution quality, and client outcomes.
Oversee the design, governance, and performance of electronic trading platforms, ensuring resiliency, scalability, and consistency across products.
Partner with Technology and Quant teams to develop and enhance pricing models, execution logic, and automation workflows.
Monitor execution quality, liquidity access, and trading performance using data‑driven metrics and client feedback.
Establish a centralized, multi‑asset electronic risk framework, including a central risk book with clear ownership, controls, and transparency to support model governance, surveillance, and regulatory expectations.
Serve as a senior point of contact for key institutional clients on electronic execution strategy, connectivity, and product enhancements.
Collaborate with Sales and Trading leadership to deliver differentiated electronic solutions that complement relationship‑based coverage.
Support client onboarding, platform adoption, and customized solutions for sophisticated electronic trading clients.
Ensure strong governance over electronic trading activity, including model risk management, change management, and control frameworks.
Partner with Risk, Compliance, Legal and Audit to ensure adherence to regulatory requirements, market conduct standards, and internal policies.
Establish transparency and controls around algorithm behavior, market access, and surveillance.
Build and lead a high‑performing global electronic trading team, fostering collaboration across desks, regions, and functions.
Develop talent across trading, product development, technology, and quantitative disciplines with a focus on succession planning and inclusive leadership.
Promote a culture of accountability, innovation, and disciplined risk management.