Ashutosh Kumawat
Charlotte
Summary
Transformational Technology Manager with 25+ years of experience leading complex digital transformations, enterprise software development, and AI adoption in top-tier financial institutions. Currently managing Entitlements domain for the Commercial banking portal of Wells Fargo with Customer-facing B2B applications supporting 50,000+ corporate clients. Diverse experience at modernizing legacy ecosystems through cloud-native architectures (OpenShift), microservices, and micro-frontend framework across entitlement workflows and systems. Spent past life in the Capital Markets - Market Risk technology working with Valuation frameworks, Derivative pricing, FX and Equity Option, Digital assets, blockchain technology and cranky quants. Proven ability to build high-performing teams, influence senior leadership, and lead cross-functional execution from concept to deployment. Congenial to work with and passionate about creating a collaborative, open and psychologically safe work culture within the teams.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Technology Manager
Wells Fargo
Charlotte
01.2022 - Current
- Lead a 30-member engineering organization across three agile scrum teams, owning the delivery and operations of 10+ enterprise platforms, including mission-critical B2B applications serving over 50,000 corporate clients
- Owned technology for bank’s entitlements and access management platforms in Commercial Banking LOB, managing application modernization, customer support, performance, and platform stability.
- Managed multi year cloud-native migration of legacy systems to the OpenShift Container Platform (OCP), improving scalability, resilience, and delivery velocity while reducing infrastructure overhead.
- Architect and drive transition from monoliths to microservices-based architecture and reusable Micro-Frontend (MFE) components delivery using ReactJS and Java, improving speed-to-market and reusability.
- Led roadmap strategy, collaborating with business, architecture, and compliance teams for enterprise alignment.
- Drive agentic AI and generative AI POCs to automate entitlement workflows and streamline client onboarding.
- Oversaw production support, incident management, and customer service, ensuring system reliability and enhancing user experience.
Technical Lead
Wells Fargo Securities
Charlotte
01.2014 - 01.2021
- Directed large-scale architectural transition of legacy platforms to modern stacks for the market data system which is the SOR for the entire market Risk technology and Front office desks.
- Managed geographically distributed teams for market data and risk technology systems, enhancing collaboration across WFS Capital Markets.
- Led CCAR and Stress Test operations collaborating with quantitative teams for data and scenario integration.
- Developed pricing models for market risk, addressing Bonds, Equity, Options, FX, and Derivatives to improve risk assessment capabilities.
- Conducted POCs and research initiatives on blockchain framework and digital assets, exploring innovative solutions for asset management.
VP, Development Lead
Bank of America Merrill Lynch
Charlotte
01.2007 - 01.2014
- Led architecture and design of commercial and investment banking platforms, enhancing scalability and performance.
- Developed enterprise data warehouse and reference data hubs, supporting data strategy and improving data accessibility.
- Implemented pricing and profitability models across global markets, enabling informed decision-making and strategic pricing adjustments.
Senior Developer / Architect / Team Lead
INFOR
Greenville
Senior Developer
MCI Verizon
Greenville
Systems Analyst
Cognizant
Parsippany
Core Java Programmer
NTT-Soft
Yokohama
Education
Post Graduate Program in Advanced Computing -
C-DAC
New Delhi, INBachelor of Science in Engineering -
Malaviya National Institute of Technology
Jaipur, INSkills
- Spring Boot
- REST APIs
- Microservices
- Java
- Python
- ReactJS
- Cloud
- Micro-Frontends
- Quantitative finance
- Market Risk & Pricing Models
- Derivatives
- Blockchain
- Digital assets
- Generative AI
- Agentic AI
Certification
- IBM Certified Specialist – Enterprise Developer
- Sun Certified Java Programmer
Timeline
Technology Manager
Wells Fargo
01.2022 - Current
Technical Lead
Wells Fargo Securities
01.2014 - 01.2021
VP, Development Lead
Bank of America Merrill Lynch
01.2007 - 01.2014
Senior Developer / Architect / Team Lead
INFOR
Senior Developer
MCI Verizon
Systems Analyst
Cognizant
Core Java Programmer
NTT-Soft
Post Graduate Program in Advanced Computing -
C-DAC
Bachelor of Science in Engineering -
Malaviya National Institute of Technology