Front Office XVA Quant Securities Quantitative Analytics Associate
Front Office XVA Quant Securities Quantitative Analytics Associate
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Job Description
About this role:
Wells Fargo is seeking a CIB Quantitative Strategies an Associate 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 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:
- Participate in less complex initiatives and identify opportunity for process improvements within Securities Quantitative Analytics
- Develop automated trading algorithms or create cutting-edge derivative pricing models and empirical models to provide insight into market behavior
- Combine mathematical programming and market expertise to build and generate systematic strategies
- Review and analyze basic business operational or technical assignments or challenges that require evaluation and a selection of alternatives
- Exercise independent judgment to guide medium risk deliverables
- 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
- Present recommendations for resolving more complex situations
- Exercise independent judgment while developing expertise in the Securities Quantitative Analytics
- Collaborate and consult with colleagues internal partners and stakeholders
- Play an integral role to the trading floor
Required Qualifications:
- 2 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:
- 2 years of quantitative development experience
- 2 years XVA SS and FISN modeling and model implementation.
- 2 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. degree in a quantitative discipline.
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.
$119000.00 - $224000.00Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits many of which are listed below. VisitBenefits - 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:
4 Aug 2025*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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 units risk appetite and all risk and compliance program requirements.
Applicants with Disabilities
To request a medical accommodation during the application or interview process visitDisability 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.
Required Experience:
IC
Employment Type
Full-Time
