Senior Securities Quantitative Analytics Specialist (Req #001667)

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. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wells Fargo Bank N.A. seeks a Senior Securities Quantitative Analytics Specialist in Charlotte, NC.

Job Role and Responsibility:

Wells Fargo Bank, N.A. is seeking a Senior Securities Quantitative Analytics Specialist to develop performance monitoring for key performance indicators for statistical models, including prepayment and default models. Test implementation of agency and non-agency prepayment models. Implement statistical models in development laboratory. Lead the development of visualization of monitoring and TBA assumptions for development team and investment bank daily. Evaluate and create key performance indicators monitoring plans. 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:

Degree required:  Master’s degree in Mathematics, Statistics, Physics, or related quantitative field.

Amount and type of experience required: Two (2) years of experience in the job offered or in a related position involving quantitative analytics experience.

Specific skills required:

• Demonstrated experience in handling mortgage database (1010/embs/loan performance/core logic)
• Solid understanding of statistics, financial mathematics and models including, OAS framework, Monte Carlo simulation, LMM model, interest rate derivatives models and or mortgage analytics
• Experience with Matlab/Python/R/C and working knowledge of SAS or SQL and relational databases
• Model performance monitoring of Prepayment and default and risk models
• Experience in Tableau and Power BI dashboard tools
• Experience in AI/ML/Regression techniques

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.

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:

*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.

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.