Swaps & Derivatives Python Engineer

Join a specialized capital markets technology organization supporting sophisticated institutional derivatives trading platforms. The team works across front-, middle-, and back-office systems responsible for processing high-value swaps transactions and ensuring trades move accurately through execution, risk, settlement, payment, accounting, and regulatory workflows.

Although the function sits within quality engineering, many successful team members come from software development backgrounds. The environment is highly technical, collaborative, and domain-driven, making it particularly well suited for engineers who combine strong programming ability with genuine understanding of derivatives trading.

• Engagement: W2 only (no C2C/1099).
• Hybrid opportunity based in Charlotte, North Carolina.
• Contract-to-convert opportunity within a strategic technology location.
• Opportunity to work closely with experienced capital markets and engineering professionals.
• Exposure to front-to-back swaps processing and complex trading-system architecture.
• Strong fit for developers interested in applying software engineering skills to quality engineering and automation.

• Develop and maintain Python automation supporting swaps and derivatives trading applications.
• Validate trades across front-, middle-, and back-office workflows.
• Test product structures, deal-ticket attributes, trade events, and downstream processing.
• Validate transactions across execution, trade capture, confirmation, valuation, risk, cash flows, settlement, accounting, payments, and regulatory reporting.
• Build backend/API automation and SQL-based validation across interconnected trading platforms.
• Investigate defects and processing breaks involving complex derivatives transactions.
• Partner with developers and capital markets SMEs to assess requirements, identify risks, and improve automated coverage.

• 5–7+ years of software development, quality engineering, SDET, or automation experience.
• Strong hands‑on Python programming capability.
• Strong practical knowledge of swaps or closely related OTC derivatives
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• Ability to explain at least one swaps product in depth, including how the trade is structured and processed.
• Understanding of deal‑ticket attributes and common lifecycle events such as modifications, cancellations, novations, and unwinds.
• Experience with capital markets trading applications across front-, middle-, or back‑office environments.
• Understanding of how derivatives transactions move through areas such as valuation, risk, P&L, VAR, settlement, payments, and accounting.
• Strong SQL and backend/API experience.
• Ability to communicate technical reasoning clearly and collaborate effectively with engineering and business stakeholders.
• Fixed Income experience is valuable but not required when the candidate brings strong swaps/derivatives expertise.

• Charlotte-area hybrid alignment or committed NC/SC relocation.

• End-to-end front-to-back swap lifecycle knowledge.
• Swaptions.
• Caps/floors.
• Cross‑currency swaps.
• Curve or butterfly structures.
• Risk, P&L, or VAR processing.
• Treasury or accounting interaction.
  
  Regulatory reporting.
• Murex, Summit, Sophis, Charles River, Aladdin, DTCC, Omgeo, or comparable trading platforms.
• Prior developer experience within a QE/testing organization.
• Wells Fargo Charlotte capital‑markets technology experience.

• Fixed Income without swaps is no longer enough.
• Wealth‑management experience should not be interpreted as Fixed Income trading expertise simply because portfolios contained bonds.
• Candidates who answer “yes” to swaps but cannot describe a product should not be submitted.
• Candidates must understand how…