About this role:

Wells Fargo is seeking a Lead Securities Quantitative Analytics Specialist.

In this role, you will:

Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative AnalyticsDevelop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behaviorReview and analyze complex multi-faceted, larger scale or longer-term business, operational, or technical challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factorsUse quantitative and technological techniques to solve complex business problemsConduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generationResolve issues and achieve goalsMake decisions on complex and multi-faceted situations requiring understanding of Securities Quantitative Analytics, policies, procedures, and compliance requirementsInfluence and lead the broader work team to meet deliverables and drive new initiativesLead projects, teams, or serve as a peer mentorCollaborate and consult with peers, colleagues, and mid-level to senior managersPlay an integral role to the trading floor

Required Qualifications:

5+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired qualifications:

12+ years of quantitative analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, educationMaster’s degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer scienceMarket and Interest Rate Risk, Financial Modelling, Interest Rate Pricing, Derivatives Valuation, Mortgage Models, Back testing, Price valuation, Data management, Data Validation, Model validation, Knowledge in financial products and market and/or counterparty risk.

Job Expectations:

Running KPI monitoring programs, generating reports, executing and automating valuation impact tests, maintaining testing data, and supporting onshore teams on further investigation for underperforming models/KPIsConduct ongoing maintenance and testing for models used for risk management of mortgage and fixed income productsExecute on generation of model monitoring KPI program resultsGeneration of model monitoring quarterly reportsMaintain all KPI testing dataDevelop monitoring and testing procedural documentationParticipate in the discussion related to analytical strategies, modelling methods workflow, analysis and testing procedure and operation processWork with onshore on any results that do not meet expectationsProgramming skills using Python/SAS/SQL/Power BI/Linux Platform/Oracle, C++ (optional).Education/experience in quantitative areasStrong analytical skills with high attention to detail and accuracyKnowledge in financial products and market and/or counterparty risk

@RWF24

Posting End Date: 

30 Jan 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.