Senior Quantitative Analytics Specialist, Wells Fargo

Wells Fargo

Location:
United States, Charlotte

Category:
Finance

Contract Type:
Employment contract

Salary:

139000.00 - 217000.00 USD / Year

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Job Description:

Senior Quantitative Analytics Specialist role in Model Risk Management's Trading and Market Risk Division, responsible for validation, performance monitoring and oversight of models used in trading, market and counterparty risk management.

Job Responsibility:

Perform model validations and document validation perspective
Provide effective challenge to models developed in lines of business
Develop alternative benchmarking models
Reduce model risks to meet regulatory standards
Identify conceptual weaknesses in models
Communicate model issues and limitations to stakeholders
Contribute to improvement of model building practices
Provide leadership to less experienced validators
Provide analytical support for business initiatives
Interact with senior management and regulators
Manage relationships with key model stakeholders

Requirements:

4+ years of Quantitative Analytics experience or equivalent through work experience, training, military experience, or education
Master's degree or higher in a quantitative discipline (mathematics, statistics, engineering, physics, economics, or computer science)
PhD in quantitative fields preferred
Relevant experience in model development, research, or validation in computational mathematics
Hands-on object-oriented coding experience (Python, C++, Java)
Knowledge of stochastic processes, stochastic calculus, Monte Carlo methods, numerical methods
Knowledge of derivatives products and related market risk management process
Experience as quantitative analyst of financial models
Excellent understanding of derivatives pricing theory
Experience in electronic and Algo trading, Equities market microstructure
Knowledge of regulatory requirements of industry practices in model risk management

Nice to have:

PhD in quantitative fields
Experience in electronic and Algo trading
Knowledge of regulatory requirements under SR 11-7

What we offer:

Health benefits
401(k) Plan
Paid time off
Disability benefits
Life insurance
Critical illness insurance
Accident insurance
Parental leave
Critical caregiving leave
Discounts and savings
Commuter benefits
Tuition reimbursement
Scholarships for dependent children
Adoption reimbursement

Additional Information:

Job Posted:
August 20, 2025

Expiration:
August 24, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Quantitative Analytics Specialist