Technology Director ( WholeSale Operations, Market and Investment Technology)

Job Description

About this role:

Wells Fargo is seeking a Technology Director (Wholesale Operations, Market & Investment) as part of the Wholesale Operations Technology (WOT) Organization within the Technology for the Office of the Chief Operating Officer (TCOO). This role will be accountable for the technology strategy and execution of the Corporate & Investment Banking Operations (CIB) book of work.  Working closely with the CIB Operations Leads this role will be the key leader in defining the ongoing technology modernization strategy. This leader will work with peers across LOBs to ensure execution plans include a comprehensive end to end solution.  This role will also have the added responsibility of managing the relationship with the Wealth and Investment Management (WIM) Operations leader. Together with the WIM operations leader this role will work to understand the similarities between the two organizations and identify opportunities for integration/consolation. 

This role provides the right leader with the chance to be involved in a complete back-office modernization strategy across all of Wells Fargo Operations. In addition to day-to-day activity with their team and CIB operations leaders, this individual will be a key contributor into numerous other strategic imperatives being addressed such as cloud adoption, API first strategy, and identification of shared services for scale to name a few. 

Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

• Oversees the Settlement and Clearing Platforms, Vendor relationships (Broadridge, DTCC etc.), Reference Data Systems, Non-financial global transaction reporting, and all other backend processing systems

• 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 experience

• 4+ years knowledge of Trade Settlements (Cash and Derivatives), Trade Confirmations/Books and Records

• 3+ years experience in Analytical Reporting Functionality for Operations Group that highlights PnL, TradeFail

• 2+ years Clearing of Exchange and OTC traded securities

• 2+ years Straight Thru Processing, Industry Regulations, Payments integration

Desired Qualifications:

• Experience with Industry vendor partners like Broadridge, Summit, GMI Sungard, TCS BaNCS etc

• Strong practical business acumen in Corporate and Investment Banking, Ability to influence Upstream/Downstream Systems , define and agree on SLAs

• Good business acumen in Wealth & Investment Management 

• Experienced in back-office transformation

• Practical hands-on cloud experience 

• Good understanding of data architecture 

• Vendor management experience with large end niche vendors 

• Experience with Intelligent automation and AI/ML

• Excellent communication skills

• Ability to work across many teams and time zones

• Wholesale operations Experience

Job Expectations:

• This position is not eligible for Visa sponsorship.

• This position offers a hybrid work schedule.

• Relocation assistance is available for this position

• Ability to travel up to 10% of the time

Locations:  

300 S Brevard Street, Charlotte, NC 28202

150 E 42nd St., New York, NY  10017

Pay Range

$207,900.00 - $431,900.00

Posting End Date:

28 Apr 2024

*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.

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.