Lead Securities Quantitative Analytics Specialist (Req #000700)

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.

The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

Wells Fargo Bank N.A. seeks a Lead Securities Quantitative Analytics Specialist in New York, New York.

Job Role and Responsibility: 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. Telecommuting is permitted up to 2 days a week. Position must appear in person to the location listed as the work address.

Travel required: None

*Required Qualifications: *

Position requires a Master's degree in Finance, Statistics, Mathematics, or related quantitative field and two (2) years of experience in the job offered or in a related position involving securities quantitative analytics experience.

Specific skills required:

• Two (2) years of experience with implementing and maintaining quantitative library in C++;
• Two (2) years of experience with utilizing best software development practices to design and develop in-house mortgage analytics system;
• Two (2) years of experience with financial derivatives modeling and implementation;
• Two (2) years of experience in vendor mortgage analytics system such as Polypaths, QRM, Yieldbook;
• Two (2) years of experience with using vendor mortgage behavioral or cashflow models such as ADCo, Intex;
• Two (2) years of experience with implementing mortgage behavioral models and stochastic interest rate models;
• Two (2) years of experience with documenting and presenting detailed model development outcomes and results.

Salary: $185,000 - $300,000

Qualified applicants send resume to: [email protected] and reference Requisition #000700 in the subject line.

Place of Work

Hybrid

Requisition ID

Ref # 000700

Compensation

$185,000 - $300,000

Job Type

Full Time

Application Email

[email protected]