Front Office Quant- Strategic Risk Quantitative Developer - VP

About this role :

Wells Fargo is seeking a Lead Securities Quantitative Analytics Specialist– Core Quantitative Developer. (Quant developer) A successful applicant will be a quantitative developer in the Quantitative Strategies Team in Wells Fargo Securities, with a focus on Vasara development. Vasara is the next generation risk platform for the bank. It is an ambitious, green field initiative to tackle the bank's risk computation challenges within capital markets, from ticking risk for trading desks to market risk and capital calculations such us FRTB and CCAR.

Vasara is a joint venture between Technology and Quants, and you will be working within the Quant organization, with a focus on specific risk management and pricing solutions for our trading partners. The solutions will be tailored to practical needs, but expected to be asset agnostic, so that we achieve maximum consistency and re-usability.

Essential duties and responsibilities include :

Partnership with Technology teams to enhance and improve the capabilities of the new strategic valuation and risk platform

Integration of pricing and risk analytics in collaboration with other quant teams, providing expertise in design and implementation issues

Effective communication and collaboration with Business Stakeholders, other Quant Teams, Technology Partners, and Project Management

Analyze performance, propose remedial or optimization plans, and ensure execution to enhance the new strategic valuation and risk platform for the securities businesses

Consistently deliver high-quality software and documentation in an Agile SDLC

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 technological techniques to solve complex business problems

Meet deliverables while leveraging solid understanding of 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 :

• 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 :

5 years of hands-on coding experience, Java and C are most relevant

5 years of derivative product and market experience in one or more of the following areas : rates, foreign exchange, credit, equities and commodities

4 years of Java experience with emphasis on functional programming

3 years of C experience

Experience with asynchronous event driven or reactive programming architectures

Experience interpreting and solutioning for risk

Excellent verbal, written, and interpersonal communication skills

Master's degree or higher in computer science or finance / mathematics

Keywords : Athena, Quartz, Vasara, Market Risk, SecDB, C , Quant, Developer

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.

144,400.00 - $300,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https : / / www.wellsfargojobs.com / en / life-at-wells-fargo / benefits) 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 : 28 Feb 2025

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https : / / www.wellsfargojobs.com / en / diversity / disability-inclusion / ) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https : / / www.wellsfargojobs.com / en / wells-fargo-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.

Req Number : R-432062

Salary : $144,400 - $300,000