Head of Wholesale Core Banking Modernization (New York)
Wells Fargo
About this role:Wells Fargo is seeking a Head of Wholesale Core Banking Modernization to lead the discovery, planning, and execution of a multi-year modernization of Wholesale Banking’s core platforms and capabilities. This executive will establish and lead the Core Banking Modernization organization, bringing together Product, Technology, Operations, Program Management, and external consulting resources to define the target-state architecture, modernization roadmap, investment requirements, and execution strategy.The role will initially oversee a dedicated discovery program and transition into leadership of the implementation program. Success in this role requires a leader who combines strategic leadership, enterprise program delivery, organizational design, and banking transformation experience to drive one of the bank’s most significant modernization initiatives.In this role, you will:Establish and lead the Wholesale Core Banking Modernization Office, including governance, operating model, organizational structure, staffing strategy, and executive reportingExecute through a multi-disciplinary team of Product SMEs, Technology Leads, Program resources, and external consulting partners supporting discovery and implementation planningDefine the long-term organization, leadership structure, and resource model required to execute the modernization program through implementationLead discovery across key workstreams, including legacy infrastructure decomposition, account analysis and billing modernization, strategic platform assessment, target architecture definition, migration strategy, MVP roadmap development, and wholesale product impact assessmentsPartner with Product & Technology leadership to define the future-state architecture, platform strategy, coexistence model, integration framework, data strategy, and real-time operating modelWith the help of AI capabilities, lead analysis of business capabilities embedded within legacy infrastructure, identifying opportunities to modernize, decouple, simplify, and migrate capabilities to strategic platforms and servicesOversee assessment of strategic platform capabilities and collaborate with stakeholders across wholesale banking areas as well as by applying AI - including GPL, CB, CIB, Lending, Markets, FX, and Operations—to identify functional gaps, required supporting services, integration requirements, and the target ecosystem needed to support current and future business capabilitiesEstablish program governance, integrated planning, financial management, risk management, dependency management, and executive decision forumsDevelop the modernization roadmap, business case, funding requirements, implementation strategy, and resource plan required for executive approval and investment planningServe as the primary accountable executive for program execution, stakeholder alignment, risk mitigation, and delivery outcomesBuild a scalable delivery organization capable of supporting a multi-year transformation spanning product, operations, AI, technology, data, payments, and client servicing capabilitiesRequired Qualifications:10+ years of Product Management experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education6+ years of Management experienceDesired Qualifications:10+ years of large-scale IT management, technology transformation, and/or enterprise program/project management experience, preferably in financial services or payments.Experience leading complex discovery, strategy, and implementation planning efforts for banking or financial services modernization initiativesProven experience applying or having teams applying AI for Product discovery, documentation and application migrationStrong understanding of core banking, deposits, transaction banking, treasury management, liquidity products, or related financial services domainsExperience modernizing legacy platforms and infrastructure, including decomposition, migration planning, coexistence strategies, and target-state architecture developmentExperience managing large cross-functional teams consisting of product, technology, operations, architecture, program management, and consulting resourcesExperience building governance frameworks, operating models, staffing plans, and delivery organizations from inceptionStrong executive communication, stakeholder management, and organizational leadership skillsExperience developing executive business cases, investment recommendations, implementation roadmaps, and senior leadership materialsStrong understanding of risk, control, regulatory, resiliency, and operational readiness requirements within a regulated financial institutionJob Expectations:Operate as the senior accountable executive for Wholesale Core Banking Modernization, driving alignment and execution across lines of business, product organizations, and enterprise partners to deliver modernization outcomes that support current and future business needs.Build and lead a new AI-led modernization organization while simultaneously driving delivery of discovery and implementation planningLead a blended organization of Wells Fargo resources and external partners to deliver complex transformation outcomesInfluence senior leaders across Product, Technology, Operations, Risk, Finance, and Control functions without direct authorityCreate structure, clarity, accountability, and delivery discipline in a highly complex transformation environmentBalance strategic planning, organizational design, technology modernization, and execution delivery to achieve enterprise outcomesPay RangeReflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.$250,000.00 - $420,000.00Benefits 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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursementPosting End Date:29 Jul 2026*Job posting may come down early due to volume of applicants.We Value Equal OpportunityWells 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.Drug and Alcohol PolicyWells 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.SummaryLocation: NEW YORK, NYType: Full time
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