Front Office Lead XVA Quant Analytics Specialist, Wells Fargo

Wells Fargo

Location:
United States, Charlotte ▼
New York

Category:
Finance

Contract Type:
Employment contract

Salary:

144400.00 - 300000.00 USD / Year

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Job Description:

Wells Fargo is seeking a CIB Quantitative Strategies a Vice President needed to help drive our objectives in counterparty risk modeling. The candidate will implement the XVA, Structured Solutions (SS), and Fixed Income Structured Notes (FISN) modeling strategy. In addition to strategic framework development, he/she will support key platform changes in both front office and risk as it relates to counterparty risk models, e.g. FRTB standard approach for CVA.

Job Responsibility:

Lead the design, implementation, and delivery of a unified and shared modeling platform for XVA, SS, and FISN
Lead the design, implementation, and delivery of practical pricing and risk management solutions in XVA, SS, and FISN
Engage with front office and risk stakeholders for understanding requirements and ensuring implementation successfully meets those requirements
Lead modeling development on shared C++ library platform
Partner with technology to drive platform design across quant model, data, and calculation framework

Requirements:

5+ years of Securities Quantitative Analytics experience
4+ years of quantitative development experience
4+ years XVA, SS, and FISN modeling and model implementation
4+ years of front office derivatives Quant model experience
Team player with excellent verbal and written communication skills
Strong experience in derivatives modeling and implementation
Experience working with Sales and Trading partners
Solid knowledge of financial mathematics
Strong hands-on programming skills in C++ and Python
Delivery focused with experience partnering with technology to deploy the model in the system
Ability to work on multiple projects and effectively organize tasks
Strong interest in financial markets
Experience with model documentation and model validation
Demonstrated experience in successfully collaborating with others in a change driven environment
Ph.D. degree in a quantitative discipline

Nice to have:

Ph.D. degree in a quantitative discipline
Experience with model documentation and model validation

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 25, 2025

Expiration:
June 29, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Front Office Lead XVA Quant Analytics Specialist