Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wells Fargo Technology sets IT strategy; enhances the design, development, and operations of our systems; optimizes the Wells Fargo infrastructure footprint; provides information security; and enables continuous banking access through in-store, online, ATM, and other channels to Wells Fargo’s more than 70 million global customers.
Our Group is looking for a senior Capital Markets Application Systems Engineer to join our growing team in US. This particular role will sit within the Strategic Capital Markets Back-Office and Regulatory Technology Team, part of the Capital Markets Macro and Operations Technology division. Our team is responsible for the Post-Trade Processing, global regulatory driven requirements for the Capital Markets LOBs, this spanning OTC derivative, listed derivative, Fixed Income and Equity cash products. The regulations covered are across America, such as Dodd-Frank, Canada such as Canadian Regulations, Europe, such as MiFID I/II and EMIR, and Asia, such as HKMA. The team are required to work on both meeting the firm’s current regulatory obligations and on meeting future regulatory obligations such as for EMIR REFIT and SFTR
Seeking candidate who should be dynamic and have experience working in an agile environment couple with excellent Application Design and Development as well as interpersonal, communication and organizational skills. The role will require working with stakeholders globally and across divisions and knowledge of broad spectrum of assets classes. The candidate will work in a global team spread across London, New York/New Jersey, Charlotte and Bangalore/Hyderabad in India.
The Capital Markets Application Systems Engineer, will be responsible for owning the overall technology design and development of assigned regulatory technology projects (custom or product strategy) as well as recommending best practices for solutions based on business needs. This role as a Capital Markets Application System Engineer will require to perform detailed analysis and mapping of business requirements in collaboration with key business and compliance stake holders and help the team in technology solution design and implementation.
This role is required to design and develop application tools and processes necessary for the regulatory platform to support
Setting up and running fully functional end-to-end design for development, build, testing and release of multi-stream parallel development of the regulatory platform supporting competing regulatory obligations
Monitoring and supporting of platform across development, testing and production to ensure continuous monitoring of the application to meet various regulatory commitments and associated SLA testing and operations
Collaborate with infrastructure tech partners to ensure appropriate infrastructure, monitoring and support
Plan and execute business continuity readiness and testing end-to-end including all internal tech partners and external third party partners
Monitor evolving enterprise and industry standards to collaborate across teams to ensure remediation and compliance across various standards from info security, user access, build and deployment, application code scans, vulnerabilities, etc.
Responsibilities include but not limited to:
Collaborate with application development team to ensure Regulatory platform capabilities, functions and processes are delivered consistently from a technology platform perspective to facilitate external and internal integrations, continuous monitoring, smooth identification and resolutions of issues to meet regulatory SLAs and commitments
Work with technology infrastructure partners/developers/support teams to ensure smooth integration, security, monitoring, availability & reliability both lower environments supporting the development/testing life cycles and production systems – from the application perspective
Lead application design and development appropriate monitoring and visibility is built into the system using enterprise standards and the same is operated effectively in collaboration with application support teams along with providing level 3 application support to continuously improve monitoring, stability, scalability of the application
Collaborate with team leads to establish and document best practices for application design, development from the monitoring, visibility, control, scaling and issue identification and resolution perspective.
Create and deliver relevant SDLC deliverables as part of standard project implementations (design documents, deployment diagrams etc.) Using tools like Visio, Confluence, Microsoft Office, etc.
Collaborate with external vendors to establish connectivity and integration for onboarding new vendors, maintain and improve integration and monitoring of integration points by collaborating with enterprise and third party partners
Collaborate with Change Management, Technology remediation teams, security and info security teams to continuously monitor evolving standards to evaluate, assess and plan for remediation as necessary. Collaborate with application development team to remediation any third party libraries/product upgrades and/or remediation of vulnerabilities
Pro-actively ensure application is compliant with all enterprise standards across technology, info security, networking, build/release management and other standards as they evolve ensuring compliance
Lead BCP planning and testing efforts for the application ensuring readiness, compliance and successful testing end-to-end from upstream tech partners to third part downstream applications – participating in both internal and external BCP testing cycles
Pro-actively collaborate with the leads and managers to identify key regulatory solutions, risks, risk mitigations and review technical deliverables part of development life cycle.
7+ years of application development and implementation experience
4+ years of securities industry experience
12+ years of information technology experience
9+ years of business continuity planning experience
9+ years of capital markets experience
2+ years of compliance and regulatory systems experience
5+ years of application production support experience
5+ years of offshore application production support process experience
5+ years of onshore application development process experience
Advanced experience in capital markets business and processes
Basic knowledge and understanding of mathematical modeling
Basic knowledge and understanding of SEC, FNRA, and international regulations for building technological solutions
A BS/BA degree or higher
Knowledge and understanding of automation and engineering release development
Knowledge and understanding of system including business requirement design or review, release management, and system issue resolution
Knowledge and understanding of technical environments: management and production release coordination
Knowledge and understanding of technology software: release management
Knowledge and understanding of technology support: System including business requirement design or review, release management support, test script development and execution, and system issue resolution
Knowledge and understanding of technology testing: build/deploy processes, and release management
Release management exposure; preferably within Wells Fargo
Knowledge and understanding of application design and development in a client server architecture
Excellent verbal, written, and interpersonal communication skills
Other Desired Qualifications
Candidates should have and be able to demonstrate the following competencies:
15+ years of hands-on experience working Capital Markets Solutions two or more asset classes
Equity, Fixed Income, Listed and OTC derivative products
5+ years of 3rd party vendor application support experience (ideally with 3rd party vendors like Calypso, TradeWeb, Bloomberg, MarketAxess, DTCC, ICE, UnaVista, TRADEcho, TRAX, etc.)
5+ years of hands-on experience with regulatory projects for the
Regulations like Dodd Frank, CFTC, MIFID I and II, HKMA, ESMA/EMIR
Working with GTRs like DTCC, ICE, ARM/APAs like UnaVista, TRADEcho, Bloomberg, TradeWeb
Knowledge and familiarity of complex application architecture and implemention experience using:
Java, J2EE, Spring Framework and Hibernate,
Integration with Messaging middleware like MQ, Solace, JMS
Relational Databases Sybase and SQL server
Caching Technologies like Coherence
Hands on design and implementation experience on:
Integrating with FO/MO systems to capture trade data
High performance and reliable processing of trade data for regulatory obligations
Integration with GTRs for reporting with stringent regulatory obligations timing and SLAs
Ability to understand business problems and articulate a corresponding solution
Extensive application monitoring and support experience
Extensive understanding of enterprise standards across info security, users access controls, application vulnerabilities management, third party libraries/systems/product upgrades
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.