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Front Office Equities Quant

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States, New York

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Category:
Finance

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Contract Type:
Employment contract

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Salary:

173300.00 - 359900.00 USD / Year

Job Description:

Our Corporate & Investment Banking Front Office Quantitative Model Development Team is working on a strategic buildout initiative. This is a strategic initiative will enhance our ability to partner and deliver excellent quality and service to our trading and sales partners as our platform continues to grow. Wells Fargo is seeking candidates for the role of Senior Lead Securities Quantitative Analytics Specialist, which is an Executive Director level role within the Corporate & Investment Banking organization (CIB). The successful candidate will be part of a team responsible for developing and implementing quantitative models and tools for Equities risk management, trading, and pricing with focus on areas like forecasting, optimization, and risk mitigation. This is part of a strategic initiative to build new models that will be integrated into a holistic markets quantitative risk and trading platform. Specific work will be spearheaded by the Front Office Equities group but will be integrated into a cross asset-class platform within CIB.

Job Responsibility:

  • Design, development, and implementation of quantitative models for Equities risk management, trading strategies, and pricing of equity derivatives products
  • Develop, integrate, and deploy optimization-based curve construction in collaboration with other Quants, providing expertise in relevant software design, implementation and performance optimization
  • Effectively communicate and partner with Business Stakeholders, other Quant Teams, Technology and Project Management
  • Deliver high-quality software and documentation following our standardized planning and Agile-based SDLC process
  • Support the trading desk with questions about deployed models

Requirements:

  • 7+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 7+ years of hands-on coding experience, C++ and Java are most relevant, with an emphasis on numerical optimization
  • 7+ years of derivative product and market experience in one or more of the following areas: rates and foreign exchange
  • Excellent verbal, written, and interpersonal communication skills
  • Experience with volatility surfaces, rate, borrow and dividend curves, ideally in C++
  • Experience with Sales and Trading partners as a front office quant
  • PhD degree or equivalent in computer science, computational finance or mathematics

Nice to have:

  • Experience with volatility surfaces, rate, borrow and dividend curves, ideally in C++
  • Experience with Sales and Trading partners as a front office quant
  • PhD degree or equivalent in computer science, computational finance or mathematics
What we offer:
  • 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

Additional Information:

Job Posted:
April 29, 2025

Expiration:
June 01, 2025

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:
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