About this role:

CIBT is structured into verticals and horizontal teams to Corporate & Investment Banking Technology needs across Wells Fargo. This role manages technology teams supporting and enabling various business functions such as Foreign Exchange, Rates, Liquid Products, Commodities sales, Risk( Market, counterparty etc.) and trading, middle office and operations across all these businesses.

All these teams are focused on significant in-house platform builds that will replace legacy vendor platforms accruing significant savings for the firm. We expect the candidate to play a significant role in leading the change. This role is expected to develop the teams further to engage with business directly to make an impact. Increasing the complexity work delivered from India and establishing accountability are key success factors.

Responsibilities also include creating a common structure, operating model and culture, vision and values that aligns to Wells Fargo Technology, This lead role requires establishing partnership with technology teams supporting businesses across the enterprise, especially in the foreign exchange businesses.

In this role, you will:

Manage a team of engineering managers and engineering leads
Focus on delivering commitments aligned to enterprise strategic priorities
Build support for strategies with business and technology leaders
Guide development of actionable roadmaps and plans
Identify opportunities and strategies for continuous improvement of software engineering practices
Provide oversight to software craftsmanship, security, availability, resilience, and scalability of solutions developed by the teams or third party providers
Identify financial management and strategic resourcing
Set risk management guidelines and partner with stakeholders to implement key risk initiatives
Develop strategies for hiring engineering talent
Lead implementation of projects and encourage engineering innovation
Collaborate and influence all levels of professionals including more experienced managers
Lead team to achieve objectives
Interface with external agencies, regulatory bodies or industry forums
Manage allocation of people and financial resources for Technology Strategic Leadership
Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

8+ years of Technology Strategic Leadership experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of management or leadership experience.

Desired Qualifications:

Working knowledge of the several capital markets and investment banking business practices and related applications and technologies supporting:
- FX products (cash & derivatives) end to end trade lifecycle
- FX channels and services (International Wires, FX drafts, banknotes, etc.)
- Treasuries, Agencies, Swaps, Swaptions and Exotics sales and trading
- Commodities trading in financials and physicals
- Front-office functions such as: e-trading, market making, trade lifecycle, pricing & risk
- Support functions such as: P&L reporting and attribution, position management, trade allocation, clearing and settlement
- Good exposure in Prime and Risk
Knowledge of SEC, FINRA, Dodd Frank, Basel, Volcker, MIFID, FRTB, HKMA, and/or other industry regulations to build technological solutions.
Good understanding of object-oriented development, design patterns and optimized search algorithms.
Experience in Agile methodology and CI/CD tools such as Git, github actions, Harness, JIRA, and automated testing.
Apart from Capital Markets specific knowledge and skills listed above, relevant technology experience (e.g. Building large scale systems that support multiple time zones, Capacity planning and application sizing).
Deep understanding of cross asset classes, markets and portfolio optimization process.
Excellent first-hand experience building applications for at least one of the asset classes or business functions (e.g. Fixed Income, Equities, Risk Management, etc.)
Experience with market data feed/tools such as Reuters, Bloomberg, Markit and Factset.Clear demonstration of ability to manage a large technology team across multiple sites working for multiple LoB’s of an organization (preferably in financial services environment)
Must have good years of experience, of which at least 5 years in senior management roles leading large teams of teams and 10+ years in Capital Markets
Demonstrable success in creating effective technology teams in global business environments. Experience in an in-house center would be desirable.
Must have good understanding of current and future trends and practices in Technology.
Must be able to demonstrate true results in influencing business outcomes and must be an innovative leader.
A seasoned, relationship-driven leader who will have the style and sensitivity to work within a highly complex business environment.
Lead organizational initiatives, foster diversity and inclusion, and champion change within the group. Multi-cultural sensitivity a must.
Passion in promoting One Technology Culture and global / local balanced alignment.

Job Expectations:

Lead a technology team of 900+ members across multiple locations with direct responsibilities for business analysis and engineering teams and indirect responsibilities for application support teams.
Lead, design and develop technology solutions to complex problems that require both in depth knowledge of capital markets and strong technical expertise.
Focus on delivering commitments aligned to enterprise strategic priorities
Build support for strategies with business and technology leaders
Guide development of actionable roadmaps and plans
Identify opportunities and strategies for continuous improvement of software engineering practices
Provide oversight to software craftsmanship, security, availability, resilience, and scalability of solutions developed by the teams or third-party providers
Identify financial management and strategic resourcing
Set risk management guidelines and partner with stakeholders to implement key risk initiatives
Develop strategies for hiring engineering talent
Lead implementation of projects and encourage engineering innovation
Collaborate and influence all levels of professionals including more experienced managers
Lead team to achieve objectives
Interface with external agencies, regulatory bodies or industry forums
Manage allocation of people and financial resources for Technology Strategic Leadership
Develop and guide a culture of talent development to meet business objectives and strategy

Posting End Date:

5 May 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Technology Director - Corporate & Investment Banking Technology

Wells Fargo

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