Leads the Equities post-execution technology estate, including middle-office, clearing, settlement, reporting, and sales-trader platforms. Owns the technology roadmap, regulatory compliance, resilience, modernization, migrations, data quality, and AI-assisted engineering initiatives. Manages distributed engineering and support teams, budgets, hiring, stakeholder communications, and technology controls. Oversees Kafka event flows, legacy system remediation, platform migrations, and accurate regulatory and management reporting.
The Development Manager will own the full Equities post‑execution technology estate, shaping roadmap, ensuring regulatory compliance, and delivering stable, high‑velocity platforms for sales, middle‑office, and operations. This role partners with infrastructure, security, data, and production support teams while leading a distributed engineering organization to modernize legacy systems and drive AI‑assisted engineering practices.
Responsibilities
- Own end‑to‑end Equities post‑execution technology estate, including middle‑office processing, clearing hand‑off, commission, reporting, and sales‑trader workflow applications.
- Define and maintain a multi‑year platform roadmap, balancing business demand, regulatory change, technical debt, and cost while securing sponsorship from leadership.
- Serve as the single technology point of accountability for sales, middle‑office, and operations, making delivery, stability, and prioritization decisions.
- Partner with central infrastructure, information security, data platforms, and production support to ensure compliance, resilience, and operational excellence.
- Lead evolution of sales‑trader applications and order‑flow migrations, guaranteeing accurate, near‑real‑time data hand‑off from upstream systems.
- Drive Kafka‑based event flows, automation, and data‑quality controls to meet T+1 affirmation and settlement timelines.
- Oversee regulatory and management reporting data feeds, ensuring accuracy, completeness, and audit readiness.
- Champion AI‑assisted engineering, modernize the middle‑office data platform (Sybase migration), and remediate legacy OS/database components.
- Manage a distributed team of engineers, analysts, and support staff; own hiring, performance, budget, and stakeholder communication.
- Maintain the technology control environment, including change management, access controls, business continuity testing, and a risk register.
- 15+ years in financial technology, with 7+ years building or running middle‑office or post‑trade platforms at a broker‑dealer or trading technology vendor.
- Deep knowledge of the sell‑side equities business and post‑execution trade lifecycle, including allocations (CTM/NYFIX), clearing, settlement, and regulatory reporting (CAT, trade reporting).
- Hands‑on expertise in Java/JVM, strong SQL skills, Linux scripting, and ability to credibly review code and architecture.
- Experience with enterprise messaging (Kafka) and API/file integrations to counterparties and service providers.
- Proven track record leading platform migrations, legacy modernization, and operating‑system/database end‑of‑life remediation.
- Strong leadership experience managing onshore/offshore engineering teams, budgets, and multi‑workstream delivery under regulatory deadlines.
- Excellent executive‑level communication skills, capable of influencing senior business and technology leaders.
- Experience driving AI‑assisted development or operational tooling (preferred).
- Familiarity with post‑trade service providers (FIS/Broadridge) and AWS/cloud infrastructure (preferred).
- Understanding of reference data identifiers (LEI, CUSIP/ISIN, MPID) and commission structures (preferred).
Compensation Expectations: $250,000 - $275,000 Base Salary
#LI-JM3
Cantor Fitzgerald New York, New York, USA Office
499 Park Avenue, New York, NY, United States, 10022
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