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 Analytics
- Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior
- Review 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 factors
- Use quantitative and technological techniques to solve complex business problems
- Conduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generation
- Resolve issues and achieve goals
- Make decisions on complex and multi-faceted situations requiring understanding of Securities Quantitative Analytics, policies, procedures, and compliance requirements
- Influence and lead the broader work team to meet deliverables and drive new initiatives
- Lead projects, teams, or serve as a peer mentor
- Collaborate and consult with peers, colleagues, and mid-level to senior managers
- Play 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, education
- Master’s degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics or computer science
- Market 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/KPIs
- Conduct ongoing maintenance and testing for models used for risk management of mortgage and fixed income products
- Execute on generation of model monitoring KPI program results
- Generation of model monitoring quarterly reports
- Maintain all KPI testing data
- Develop monitoring and testing procedural documentation
- Participate in the discussion related to analytical strategies, modelling methods workflow, analysis and testing procedure and operation process
- Work with onshore on any results that do not meet expectations
- Programming skills using Python/SAS/SQL/Power BI/Linux Platform/Oracle, C++ (optional).
- Education/experience in quantitative areas
- Strong analytical skills with high attention to detail and accuracy
- Knowledge in financial products and market and/or counterparty risk
@RWF24
Posting End Date:
27 Feb 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.
Top Skills
What We Do
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.
Why Work With Us
We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.
Gallery
.JPG)
_2.png)
