Lead Quant Market Risk

About this role:

Wells Fargo is seeking a Lead Quantitative Analytics Specialist for its model Development team. This role will conduct routine market and counterparty risk models Development and monitoring.

Market and Counterparty Risk Analytics (MCRA) is responsible for developing models for MCRMs Corporate Market Risk Group Enterprise Counterparty Risk Management and Market and Counterparty Capital. MCRA also includes a model governance and quality assurance function as well as a model management function that manages ongoing modeling activities for the supported business groups.

In this role you will:

• Lead complex initiatives including creation implementation documentation validation articulation and defense of highly statistical theory
• Qualify monitor markets and forecast credit and operational risks
• Strategize short and long-term objectives and provide analytical support for a wide array of business initiatives
• Utilize stochastic structured securities spread analysis with the expertise in the theory and mathematics behind the analysis
• Review and assess models inclusive of technical audit and market perspectives
• Identify structure and scope of review
• Enable decision making for product and marketing with broad impact and act as key participant to develop and document analytical models
• Collaborate and consult with regulators and auditors
• Present results of analysis and strategies

Required Qualifications:

• 5 years of Quantitative Analytics experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education
• Masters degree or higher in a quantitative discipline such as mathematics statistics engineering physics economics or computer science

Required Qualifications:

• 5 years of Quantitative Analytics experience or equivalent demonstrated through one or a combination of the following: work experience training military experience education

• Masters degree or higher in statistics mathematics physics engineering computer science economics or quantitative discipline

Desired Qualifications:

• 5 years of quantitative analytics experience or equivalent demonstrated through one or a combination of the following: work experience training education

• Masters degree or higher in a quantitative field such as mathematics statistics engineering physics economics or computer science

• Education/experience in quantitative areas

• Strong analytical skills with high attention to detail and accuracy

• Knowledge in financial products and market and/or counterparty risk

• Programming skills using SQL/Python/Excel/Java/R

Posting End Date:

*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.

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 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.