Lead Securities Quantitative 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:

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 Lead Securities Quantitative Analytics Specialist, which is a Vice President 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 Credit and SPG (Structured Products Group) 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 Credit and SPG groups but will be integrated into a cross asset-class platform within CIB.

Job Responsibility:

Design, development, and implementation of quantitative models for Credit and SPG risk management, trading strategies, and pricing of Credit and SPG 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
Proactively participate in complex software design & development activities within an Agile environment
Contribute to large-scale project planning, balancing short and long-term objectives
Use quantitative and advanced technologies to solve complex business problems
Meet deliverables while adhering to policies, procedures, and compliance requirements
Collaborate and consult with peers, colleagues, and project managers to resolve issues and achieve goals
Effectively communicate with and build consensus with all project stakeholders

Requirements:

5+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
5+ years of quantitative development experience
4+ years Credit and SPG modeling and model implementation experience
Experience with Credit and SPG products PnL process development and implementation
Team player with excellent verbal and written and interpersonal communication skills
Experience working with Sales and Trading partners as a front office quant
Solid knowledge of financial mathematics, particularly, stochastic calculus, Monte-Carlo and other numerical methods
Strong hands-on programming skills in C++ and Python, and proficient in the model implementation
Delivery focused with experience partnering with technology to deploy models within a system
Ability to work on multiple projects and effectively organize tasks, manage time, set priorities and meet deadlines
Strong interest in financial markets and willingness to provide practical solutions for the business stakeholders
Experience with model documentation and model validation
Demonstrated experience in successfully collaborating with others in a change driven environment
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

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Lead Securities Quantitative Analytics Specialist

Wells Fargo

Location:United States, Charlotte ▼New York

Category:Finance

Contract Type:Employment contract