Strategic Risk Quantitative Developer, Wells Fargo

Wells Fargo

Location:
United States, New York ▼
Charlotte

Category:
IT - Software Development

Contract Type:
Employment contract

Salary:

144400.00 - 300000.00 USD / Year

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Job Description:

Wells Fargo is seeking a Lead Securities Quantitative Analytics Specialist– Core Quantitative Developer. (Quant developer) A successful applicant will be a quantitative developer in the Quantitative Strategies Team in Wells Fargo Securities, with a focus on Vasara development. Vasara is the next generation risk platform for the bank. It is an ambitious, green field initiative to tackle the bank's risk computation challenges within capital markets, from ticking risk for trading desks to market risk and capital calculations such us FRTB and CCAR. Vasara is a joint venture between Technology and Quants, and you will be working within the Quant organization, with a focus on specific risk management and pricing solutions for our trading partners. The solutions will be tailored to practical needs, but expected to be asset agnostic, so that we achieve maximum consistency and re-usability.

Job Responsibility:

Partnership with Technology teams to enhance and improve the capabilities of the new strategic valuation and risk platform
Integration of pricing and risk analytics in collaboration with other quant teams, providing expertise in design and implementation issues
Effective communication and collaboration with Business Stakeholders, other Quant Teams, Technology Partners, and Project Management
Analyze performance, propose remedial or optimization plans, and ensure execution to enhance the new strategic valuation and risk platform for the securities businesses
Consistently deliver high-quality software and documentation in an Agile SDLC
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 technological techniques to solve complex business problems
Meet deliverables while leveraging solid understanding of 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
Serve as a mentor for less experienced staff

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 hands-on coding experience, Java and C++ are most relevant
5+ years of derivative product and market experience in one or more of the following areas: rates, foreign exchange, credit, equities and commodities
4+ years of Java experience with emphasis on functional programming
3+ years of C++ experience
Experience with asynchronous event driven or reactive programming architectures
Experience interpreting and solutioning for risk
Excellent verbal, written, and interpersonal communication skills
Master's degree or higher in computer science or finance/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 30, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Strategic Risk Quantitative Developer

Wells Fargo

Location:United States, New York ▼Charlotte

Category:IT - Software Development

Contract Type:Employment contract