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Wells Fargo

Diversified financial services: banking, lending, investments

Principal Engineer

Full-TimeDeadline 12/1/26
No salary listed
Senior
Bengaluru, Karnataka, India
In Person
Software EngineeringAI Application Engineering

About the job

Requirements
  • At least 7 years of engineering experience, or equivalent demonstrated through work experience, training, military experience, education, or a combination of these.
  • Extensive experience in software engineering and distributed systems architecture.
  • Strong programming expertise in Python.
  • A proven track record of building generative artificial intelligence and large language model-based applications.
  • Experience with agent orchestration frameworks and autonomous systems design.
  • Deep understanding of context engineering, prompt design and optimization, and memory management architectures.
  • Hands-on experience with large language model application programming interfaces and ecosystems, vector databases, and retrieval systems.
  • Experience integrating artificial intelligence development tools such as GitHub Copilot, Claude Code, and Devin or similar autonomous coding agents.
Responsibilities
  • Act as an advisor to leadership on applications, network, information security, database, operating systems, or web technologies for highly complex business and technical needs across multiple groups.
  • Lead the strategy and resolution of highly complex and unique challenges across multiple areas or the enterprise, delivering long-term, large-scale solutions requiring vision, creativity, innovation, and advanced analytical and inductive thinking.
  • Translate advanced technology experience, business objectives, the enterprise technological environment, organizational structure, and strategic technology opportunities and requirements into technical engineering solutions.
  • Provide vision, direction, and expertise to leadership on implementing innovative and significant business solutions.
  • Maintain knowledge of industry best practices and new technologies and recommend innovations that enhance operations or provide a competitive advantage.
  • Strategically engage with professionals and managers at all levels across the enterprise and serve as an expert advisor to leadership.
  • Lead end-to-end ownership of generative artificial intelligence platform components and solutions.
  • Drive innovation and adoption of agentic artificial intelligence across business lines.
  • Deliver measurable business impact through productivity gains, automation, and customer experience improvements.
  • Act as a thought leader in generative artificial intelligence within the organization.
  • Collaborate with global teams across time zones.
  • Influence the strategic direction of enterprise-level artificial intelligence initiatives.
  • Follow applicable risk programs, Wells Fargo policies and procedures, and risk and compliance obligations, including proactive monitoring, governance, risk identification and escalation, and remediation of issues.
  • Directly represent personal experiences during the recruiting and hiring process.
Desired Qualifications
  • Experience with Google ADK or similar agent development kits.
  • Expertise in multi-agent system design and coordination.
  • Familiarity with enterprise artificial intelligence platform design, including retrieval-augmented generation, orchestration layers, and evaluation frameworks.
  • Experience in the banking or financial services domain.
  • Strong understanding of machine learning operations and large language model operations practices.
  • Exposure to secure and compliant artificial intelligence systems involving personally identifiable information, risk, and governance.

About the company

Wells Fargo offers a broad range of banking, mortgage, investing, credit card, and wealth and commercial services in the United States. Its products work through a network of branches, ATMs, and digital platforms, combining everyday banking with lending, investment products, and advisory services. The company differentiates itself with a large nationwide branch presence, a wide mix of financial services under one roof, and a focus on secure, user-friendly technology. Its goal is to help customers manage, protect, and grow their money by providing trusted, accessible financial solutions.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

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Simplify's Take

What believers are saying

  • July 2026 second-quarter revenue rose 9% to $22.6 billion, beating estimates.
  • July 2026 investment banking fees jumped 35% to $939 million, showing capital-markets momentum.
  • 2026 card accounts grew 20% and commercial loans 12%, expanding fee and interest income.

What critics are saying

  • January 2026 severance costs hit $612 million after 5,600 layoffs, signaling ongoing restructuring.
  • CFPB’s 2022 $3.7 billion order keeps auto, mortgage, and deposit misconduct damage alive.
  • One OCC AML enforcement action remains; another control failure triggers fresh penalties and leadership scrutiny.

What makes Wells Fargo unique

  • June 2025 Fed lifted Wells Fargo’s $1.95 trillion asset cap, restoring balance-sheet growth.
  • May 2026 Advisor Gateway gave 200-plus tools and BlackRock Aladdin analytics to wealth advisors.
  • Wells Fargo still owns a top-tier U.S. branch franchise and $2.2 trillion wealth platform.

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Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Sick Leave
  • Parental Leave
  • Disability Insurance
  • Life Insurance
  • Tuition Reimbursement
  • Commuter Benefits
  • Adoption Assistance

Company News

Kalkine
Oct 15th, 2026
Shoe Station extends $100M credit facility to 2031, lifts payout basket to $40M

Shoe Station Group (NASDAQ:SHOE) has extended the maturity of its $100 million revolving credit facility to October 15, 2031. The company disclosed the amendment in a Form 8-K filing on October 15, 2026. Wells Fargo Bank, National Association is the administrative agent. Revolving loans will bear interest at either a Base Rate plus 0.00% to 1.00%, or Adjusted Term SOFR plus 1.00% to 2.00%, depending on the company's leverage ratio. The amendment removes a 0.10% credit spread adjustment from the SOFR definition. The annual restricted-payment basket rises to $40 million. The company may also take on up to $35 million of debt secured by property for its corporate headquarters, and may carry out certain sale-leasebacks involving real property in Evansville, Indiana.

Associated Press
Oct 15th, 2026
Wells Fargo hires BBVA's Cayetano Gea-Carrasco as head of AI and data for consumer banking

Wells Fargo has hired Cayetano Gea-Carrasco as head of AI and data for Consumer Banking and Lending. He will be based in San Francisco and report to Saul Van Beurden, head of Enterprise AI and co-chief executive officer of the unit. Gea-Carrasco will oversee the full lifecycle of AI use cases, simplify the data environment, and speed up responsible AI delivery. He will also work with the Enterprise AI team to scale solutions across the bank. He joins from BBVA, where he led enterprise AI transformation and its global data and analytics organisation. He previously spent 15 years at Moody's. "Cayetano understands how strong data and disciplined execution turn AI into better customer experiences," said Van Beurden.

CNBC
Oct 14th, 2026
Cramer: bank stocks fell despite strong earnings, but he sees buying chances in Wells Fargo and Goldman

All six major US bank stocks fell after third-quarter earnings, even as several banks posted strong results. CNBC's Jim Cramer said investors are worried about persistent inflation, rising interest rates, and shaky capital markets. Citigroup revenue grew 8%, its best third quarter in a decade, yet shares dropped 5.6%. Goldman Sachs beat estimates, with investment banking fees up 21%, but its stock finished lower. Bank of America missed expectations and faced a $1.2 billion regulatory penalty; shares fell roughly 5%. Cramer sees buying opportunities. His Charitable Trust upgraded Wells Fargo and Goldman Sachs to buy-equivalent ratings.

Yahoo Finance
Oct 14th, 2026
Big banks' Q3 dealmaking fees hit $8.47B, up 15%, but deals "delayed rather than canceled

Four of Wall Street's biggest banks reported third quarter dealmaking fees of $8.47 billion, up 15% from a year earlier but down 7.5% from a banner second quarter. Goldman Sachs, JPMorgan Chase, Citigroup, and Wells Fargo said activity remains strong despite market volatility and higher borrowing costs. JPMorgan chief financial officer Jeremy Barnum said deals were "delayed rather than canceled" after a slowdown in late September, when volatility widened the gap between what buyers and sellers would accept. Goldman's fees rose 22% to $3.2 billion, led by record M&A advisory revenue. Wells Fargo's rose to $894 million, and Citigroup's rose 9% to $1.35 billion. Goldman chief executive officer David Solomon said some companies postponed initial public offerings (IPOs) in September rather than accept valuations 10% to 15% lower.

Yahoo Finance
Oct 13th, 2026
JPMorgan misses forecasts despite $15.3B profit as big US banks warn on rates and inflation

Four of the biggest US banks reported higher third-quarter profits on Tuesday, but warned that higher interest rates and inflation could hurt consumers and the economy. JPMorgan Chase, the largest US bank by assets, earned $15.3 billion, or $5.57 a share, up from $14.4 billion a year earlier. It missed analyst forecasts of $5.93 a share, its first miss in nearly three years. Goldman Sachs posted a profit of $5.29 billion, up from $4.1 billion, as equities revenue jumped 72%. Wells Fargo earned $5.95 billion and beat forecasts, while Citigroup's profit rose 40%. JPMorgan chief executive officer Jamie Dimon cited "large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitical conditions.