What are the responsibilities and job description for the Front Office Credit - SPG Quant - Executive Director position at B10 Wells Fargo Bank, N. A.?
About this role: Our Corporate & Investment Banking Front Office Quantitative Model Development Team is working on a strategic buildout initiative. This is a strategic initiative will enhance our ability to partner and deliver excellent quality and service to our trading and sales partners as our platform continues to grow. Wells Fargo is seeking candidates for the role of Senior Lead Securities Quantitative Analytics Specialist, which is an Executive Director level role within the Corporate & Investment Banking organization (CIB). The successful candidate will be part of a team responsible for developing and implementing quantitative models and tools for Credit and SPG (Structured Products Group) risk management, trading, and pricing with focus on areas like forecasting, optimization, and risk mitigation. This is part of a strategic initiative to build new models that will be integrated into a holistic markets quantitative risk and trading platform. Specific work will be spearheaded by the Front Office Credit and SPG groups but will be integrated into a cross asset-class platform within CIB. Essential duties and responsibilities include: Design, development, and implementation of quantitative models for Credit and SPG risk management, trading strategies, and pricing of Credit and SPG products. Develop, integrate, and deploy optimization-based curve construction in collaboration with other Quants, providing expertise in relevant software design, implementation and performance optimization. Effectively communicate and partner with Business Stakeholders, other Quant Teams, Technology and Project Management Deliver high-quality software and documentation following our standardized planning and Agile-based SDLC process. Support the trading desk with questions about deployed models. In this role, you will: 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 advanced technologies to solve complex business problems Meet deliverables while adhering to 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 Required Qualifications: 7 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: 7 years of hands-on coding experience, C and Java are most relevant, with an emphasis on numerical optimization 7 years of Credit and SPG modeling and model implementation experience Excellent verbal, written, and interpersonal communication skills Experience with Credit and SPG products PnL process development and implementation Experience with Sales and Trading partners as a front office quant Master's or higher degree or equivalent in computer science, computational finance, mathematics or similar technical fields. PhD degree or equivalent in computer science, computational finance or mathematics Pay Range Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $173,300.00 - $359,900.00 Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees. 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 Posting End Date: 2 May 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. 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