Dev Lead /Manager - MIFID

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Dev Lead /Manager - MIFID

North Brunswick, New Jersey

July 14th 2019


Full Time

Our team supports the global regulatory reporting requirements of the Capital Markets LOBs, this spanning OTC derivative, listed derivative, Fixed Income and Equity cash products. The regulations covered are across America, such as Dodd-Frank, Canada such as Canadian Regulations, Europe, such as MiFID I/II and EMIR, and Asia, such as HKMA. The team are required to work on both meeting the firm’s current regulatory obligations and on meeting future regulatory obligations such as for EMIR REFIT and SFTR

Seeking candidate who should be dynamic and have experience working in an agile environment couple with excellent, business analysis, communication, and organizational skills. The role will require working with stakeholders globally and across divisions and knowledge of broad spectrum of assets classes. The candidate will work in a global team spread across London, New York/New Jersey, Charlotte and Bangalore/Hyderabad in India.

Dev Lead/Manager Roles :

The Capital Markets Application Systems Engineer, will be responsible for owning the overall technology design and development of assigned regulatory technology projects (custom or product strategy) as well as recommending best practices for solutions based on business needs. This role as a Capital Markets Application System Engineer will require to perform detailed analysis and mapping of business requirements in collaboration with key business and compliance stake holders and help the team in technology solution design and implementation.

This role is required to design and develop application tools and processes necessary for the regulatory platform to support

  • Setting up and running fully functional end-to-end design for development, build, testing and release of multi-stream parallel development of the regulatory platform supporting competing regulatory obligations

  • Monitoring and supporting of platform across development, testing and production to ensure continuous monitoring of the application to meet various regulatory commitments and associated SLA testing and operations

  • Collaborate with infrastructure tech partners to ensure appropriate infrastructure, monitoring and support

  • Plan and execute business continuity readiness and testing end-to-end including all internal tech partners and external third party partners

  • Monitor evolving enterprise and industry standards to collaborate across teams to ensure remediation and compliance across various standards from info security, user access, build and deployment, application code scans, vulnerabilities, etc.

Responsibilities include but not limited to:

  • Collaborate with application development team to ensure Regulatory platform capabilities, functions and processes are delivered consistently from a technology platform perspective to facilitate external and internal integrations, continuous monitoring, smooth identification and resolutions of issues to meet regulatory SLAs and commitments

  • Work with technology infrastructure partners/developers/support teams to ensure smooth integration, security, monitoring, availability & reliability both lower environments supporting the development/testing life cycles and production systems – from the application perspective

  • Lead application design and development appropriate monitoring and visibility is built into the system using enterprise standards and the same is operated effectively in collaboration with application support teams along with providing level 3 application support to continuously improve monitoring, stability, scalability of the application

  • Collaborate with team leads to establish and document best practices for application design, development from the monitoring, visibility, control, scaling and issue identification and resolution perspective.

  • Create and deliver relevant SDLC deliverables as part of standard project implementations (design documents, deployment diagrams etc.) Using tools like Visio, Confluence, Microsoft Office, etc.

  • Collaborate with external vendors to establish connectivity and integration for onboarding new vendors, maintain and improve integration and monitoring of integration points by collaborating with enterprise and third party partners

  • Collaborate with Change Management, Technology remediation teams, security and info security teams to continuously monitor evolving standards to evaluate, assess and plan for remediation as necessary. Collaborate with application development team to remediation any third party libraries/product upgrades and/or remediation of vulnerabilities

  • Pro-actively ensure application is compliant with all enterprise standards across technology, info security, networking, build/release management and other standards as they evolve ensuring compliance

  • Lead BCP planning and testing efforts for the application ensuring readiness, compliance and successful testing end-to-end from upstream tech partners to third part downstream applications – participating in both internal and external BCP testing cycles

  • Pro-actively collaborate with the leads and managers to identify key regulatory solutions, risks, risk mitigations and review technical deliverables part of development life cycle.


Primary Skills and Experience:

  • This role is required to design and develop application tools and processes necessary for the regulatory platform to support

  • Significant amount of hands-on Capital Markets Product (OTC derivative, listed derivative, Fixed Income, FX and Equity cash products) knowledge and experience

  • Demonstrable period of hands-on experience with regulatory requirements for transaction reporting for Dodd-Frank, experience with EMIR, MIFID regulatory requirements

    • Considerable hands-on experience of MiFID/MiFID II

    • Considerable hands-on experience of EMIR regulations

    • Considerable hands-on experience of Dodd-Frank

    • Considerable hands-on experience of Canadian

    • Considerable hands-on experience of HKMA

    • SFTR

  • Notable experience in liaising directly with a variety of stakeholders throughout the firm.

  • Notable experience in working closely with Capital Markets Operations and Middle office teams

  • Experience in liaising directly with compliance teams.

  • Experience in analysing business process flows and impact to regulatory compliance.

  • Ability to collaborate with business and technology teams to understand requirements, share with the global technology teams with adequate walk-thrus and participate in technical design.

  • Strong data analysis skills and experience - able to use tools such as Excel to analyze large volumes of data to find correlations, variations and anomalies.

  • Exhibit good leadership and communication skills to help the scrum team clearly understand the requirements.

  • Ability to be pro-active and clearly escalate when risks or issues arise

  • Good documentation skills with the ability to articulate complex topics in a concise and articulate manner

  • Proven experience of managing team of technical business and software developers in a financial establishment

Candidates should have and be able to demonstrate the following competencies:

  • 15+ years of hands-on experience working Capital Markets Solutions two or more asset classes

    • Equity, Fixed Income, Listed and OTC derivative products

  • 5+ years of hands-on experience with regulatory projects for the

    • Regulations like Dodd Frank, CFTC, MIFID I and II, HKMA, ESMA/EMIR

    • Working with GTRs like DTCC, ICE, ARM/APAs like UnaVista, TRADEcho, Bloomberg, TradeWeb

Required Skills/Qualifications and Experience:

  • 15+ years of information technology experience

  • 10+ years of business continuity planning experience

  • 10+ years of capital markets experience

  • 5+ years of compliance and regulatory systems experience

  • 5+ years of application production support experience

  • 5+ years of 3rd party vendor application support experience (ideally with 3rd party vendors like Calypso, TradeWeb, Bloomberg, MarketAxess, DTCC, ICE, UnaVista, TRADEcho, TRAX, etc.)

  • 5+ years of offshore application production support process experience

  • 5+ years of onshore application production support process experience

Knowledge and familiarity of complex application architecture and implementation experience using:

  • Java, J2EE, Spring Framework and Hibernate,

  • Integration with Messaging middleware like MQ, Solace, JMS

  • Relational Databases Sybase and SQL server

  • Caching Technologies like Coherence

Hands on design and implementation experience on:

  • Integrating with FO/MO systems to capture trade data

  • High performance and reliable processing of trade data for regulatory obligations

  • Integration with Trade Repositories for reporting with stringent regulatory obligations timing and SLAs

  • Ability to understand business problems and articulate a corresponding solution

  • Extensive application monitoring and support experience

  • Extensive understanding of enterprise standards across info security, users access controls, application vulnerabilities management, third party libraries/systems/product upgrades


  • A BS/BA degree or higher


Desired Skills:

  • Knowledge and understanding of automation and engineering release development

  • Knowledge and understanding of system including business requirement design or review, release management, and system issue resolution

  • Knowledge and understanding of technical environments: management and production release coordination

  • Knowledge and understanding of technology software: release management

  • Knowledge and understanding of technology support: System including business requirement design or review, release management support, test script development and execution, and system issue resolution

  • Knowledge and understanding of technology testing: build/deploy processes, and release management

  • Release management exposure; preferably within Wells Fargo

  • Knowledge and understanding of application design and development in a client server architecture

  • Excellent verbal, written, and interpersonal communication skills

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Job ID: A2423