Investment Portfolio (IP) Technology Director

About this role:

The Wells Fargo Investment Portfolio (IP) manages the Company’s Available-For-Sale (AFS) and Held-To-Maturity (HTM) securities and certain loan portfolios, hedging of the Home Lending Mortgage Servicing Rights (MSR) asset, and the Reinsurance and Bank Owned Life Insurance (BOLI) and Risk and Insurance Management (RIM) businesses. IP also supports balance sheet interest rate risk management and related strategy, coordination, execution responsibilities, as well as a centralized, street-facing derivative trading team, and mortgage model development services for the enterprise.

Wells Fargo is seeking a Technology Director to partner with mortgage quants team in the development, testing, and support for mortgage models used across the firm to measure market and interest rate risk on residential mortgage positions. This role is responsible for the strategy and execution of technology roadmaps in implementing advanced analytics platforms running on high-compute infrastructure and integrating with capital markets applications and enterprise risk engines. Key capabilities being built in this area include a multi-year initiative to transform the current business and technology landscape with new mortgage analytics solutions at-scale for firm-wide use, in collaboration with Corporate and Investment Banking, Home Lending and Finance.

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

In this role, you will:

• Manage, coach, and develop a team or teams of engineering managers and experienced engineers in specialized domain areas, in roles with moderate complexity and risk responsible for building high quality capabilities with modern technology

• Ensure adherence to the Banking Platform Architecture, and meeting non-functional requirements with each release

• Partner with, engage and influence architects and experienced engineers to incorporate Wells Fargo Technology technical strategies, while understanding next generation domain architecture and enable application migration paths to target architecture; for example cloud readiness, application modernization, data strategy

• Function as the technical representative for the product during cross-team collaborative efforts and planning

• Identify and recommend opportunities for driving escalated resolution of technology roadblocks including code, build and deployment while also managing overall software development cycle and security standards

• Determine appropriate strategy and actions to act as an escalation partner for scrum masters and the teams to meet moderate to high-risk deliverables and help remove impediments, obstacles, and friction while encouraging constant learning, experimentation, and continual improvement

• Build engineering skills side-by-side in the codebase, conduct peer reviews to evaluate quality and solution alignment to technical direction, and guide design, as needed

• Interpret, develop and ensure security, stability, and scalability within functions of technology with moderate complexity, as well as identify, manage and mitigate technology and enterprise risk

• Manage availability of application, technology, and infrastructure components in production as per service level agreements

• Deliver new/enhanced feature/functionality to the products in alignment with business needs

Required Qualifications:

• 8+ years of Specialty Software Engineering experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

• 5+ years of management or leadership experience

• 5+ years of experience in capital markets, mortgage analytics, and model risk management

• 5+ years of experiences building/running applications/technology components in capital markets domain

Desired Qualifications:

• Prior experience managing delivery of large initiatives within and across business functions

• Implementation experience with .Net, Java, C++, Python, R

• Design and architecture of distributed computing platforms

• Critical thinking, problem solving and collaboration skills

Job Expectations:

• Ability to work onsite at one of the posted locations

• Relocation assistance is not available

Posting Locations:

• 194 Wood Ave S, Iselin, NJ 08830

• 300 S Brevard Street, Charlotte, NC 28202

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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.

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.