Principal, Derivative Technology

New York, NY, United States

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

About the Role

Tracing our roots to 1928, Wellington Management Company, LLP is one of the world's largest independent investment management firms. With over US$1 trillion in assets under management as of 31 December 2023, we serve as a trusted adviser to institutional clients and mutual fund sponsors in 65 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients.

At Wellington Management our appetite for technology is insatiable. We recognize that the world is full of fascinating questions that will impact the future of companies, economies, financial markets, and entire industries. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. We want you to help us find answers to these questions by building and evolving our innovative, industry leading, technology platform. This is why we are seeking qualified candidates to join our evolving and expanding technology team. Together, you will not only dream up solutions to today's investment challenges, but you will build them to see real-life results.

We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions.

JOB OVERVIEW

We are currently seeking a strong Principal, Derivative Technology to play a key role, deliver solutions to our business partners, solve complex problems, and strive to advance and sustain world-class technology platforms. At Wellington you will continually learn, develop, and expand your professional skills. As part of an inclusive culture, you will meet smart, progressive individuals who will challenge you to solve problems, anticipate our clients' needs, and enhance our proprietary systems and platforms. This is a great opportunity for a technology leader experienced in the financial services industry to join a strong, collaborative team in a role focusing on delivering cutting-edge, industrial strength solutions to our derivatives investment professionals. Besides strong hands-on technical skills, this position also requires the ability to lead and grow a team of technology experts with business acumen in financial services. This individual must be a self-starter with a clear vision, and ability to execute on a variety of engagements across our organization.

RESPONSIBILITIES

Architect the firm's derivatives technology platform to optimize software structure and modularization

Build in data transparency and observability capabilities with coherent design patterns for integration with third party vendor tools

Lead, and grow, a team of technologists who will continuously develop their knowledge on financial derivatives industry regarding its data flows and system integrations

Manage and coordinate project-based efforts across teams consisting of investment professionals, developers, analysts, QAs, and other stakeholders

Coach and supervise a team of engineers, QAs and DevOps analysts, both onshore and offshore through the software development life cycle

Champion the needs of the business partners; act as their fiduciary

Develop a deep understanding of internal systems and related workflows around entire investment process to help with solution design as well as handling support issues

Ensure quality of product by enforcing high standards in testing and building guardrails and validations

Assist with project management activities

Provide hands-on analysis for support issues and assist with user training

Provide regular status reporting and issue tracking on-going projects

QUALIFICATIONS 10 or more years of experience as a software engineer involved in application development life cycles

7 or more years of software development experience in financial services (with strong understanding of Fixed Income, Equity, FX, and Derivative instruments)

2 or more years of experience as a software engineering team lead is required

Proven player coach experience is preferred

Proficiency in at least one the follow computer languages: Java (strongly preferred), JavaScript, Scala

Working knowledge of modern system design, software development principles, and methodologies

Prior working experience in modern data management life cycle in real-world business contexts

Comfortable with test driven development, continuous integration, metadata driven software, and agile development methodologies

Experience working in an Agile/SCRUM development process

Experience in financial data domain is preferred, especially in derivatives trade and market reference data

Experience with Amazon Web Services is a strong plus

Experience in modern data technology stacks, e.g., Snowflake, Redshift, Big Query is preferred

Hands-on experience in SQL or other relational database technologies is desirable

Bachelor's degree in computer science, mathematics, finance, engineering, or related field is highly desired

Experience with the Calypso Financial Software is strongly preferred

NON-TECHNICAL REQUIREMENTS Strong analytical and communication skills, both written and verbal are required

Excellent organization and delivery skills are required

Excellent written, verbal communication and presentation skills

Demonstrate strong client focus and relationship management skill

Willingness to work independently in an energetic, fast-paced, business-critical environment

Committed to deliver project on time and overcome obstacles

Strong team player with the ability to work in collaboration across team

Strategic mindset

Strong work ethic

Intellectual curiosity

Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentO[redacted].

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is:

USD 100,000 - 225,000

This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.

Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)