Front Office Quantitative Analytics Specialist (Director)

About this role: Wells Fargo is seeking a CIB Quantitative Strategies Director needed to help drive our objectives in counterparty risk modeling. The candidate will implement the XVA, Structured Solutions (SS), and Fixed Income Structured Notes (FISN) modeling strategy. In addition to strategic framework development, he/she will support key platform changes in both front office and risk as it relates to counterparty risk models, e.g. FRTB standard approach for CVA. The candidate will have to collaborate with front office trading, risk oversight, technology, and model governance functions ensuring requirements are met and governance is adhered to. He/she will possess high quality communications skills both written and verbal in order to socialize the approaches and highlight progress and issues in need of support. In this role, you will: Advise senior leadership to develop or influence objectives, plans, specifications, resources, and long-term goals for highly complex business and technical needs across Securities Quantitative Analytics Combine mathematical programming and market expertise, to build and generate systematic strategies Lead the strategy and resolution of highly complex and unique challenges requiring in-depth evaluation across multiple areas companywide Deliver solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others 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 Provide vision, direction and expertise to more experienced leadership on implementing innovative and significant business solutions that are large-scale cross-functional or companywide strategies Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior Engage with all levels of professionals and managers companywide and serve as an expert advisor to leadership Work constructively in collaboration with business, model development, model validation, and information technology Play an integral role to the trading floor Required Qualifications: Experience in Securities Quantitative Analytics, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Extensive years of quantitative development experience Extensive years in XVA, SS, and FISN modeling and model implementation. Extensive years of front office derivatives Quant model experience Team player with excellent verbal and written communication skills to work with XVA, SS, and FISN stakeholders Strong experience in derivatives modeling and implementation, especially (Rates, FX, Equity, and Commodities) Experience working with Sales and Trading partners. Solid knowledge of financial mathematics, particularly, stochastic calculus, Monte-Carlo and other numerical methods. Strong hands-on programming skills in C and Python, and proficient in the model implementation. Delivery focused with experience partnering with technology to deploy the model in the system. Ability to work on multiple projects and effectively organize tasks, manage time, set priorities and meet deadlines. Strong interest in financial markets and willingness to provide practical solutions for the business stakeholders. Experience with model documentation and model validation. Demonstrated experience in successfully collaborating with others in a change driven environment. Ph.D. or Master degree in a quantitative discipline. Posting End Date: 3 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. 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. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. Additional information may be found at www.wellsfargo.com LinkedIn: https://www.linkedin.com/company/wellsfargo For questions on how to search and apply, visit our frequently asked questions.