Executive Director, FX Macro FX Desk Quant

Wells Fargo is seeking a Macro-FX Desk Quant (also known internally as a Senior Lead Securities Quantitative Analytics Specialist).

As a Macro-FX Desk Quant you will assume a front office desk Quant role in London to closely support the Macro-FX trading desks as part of the global modelling team. This includes Foreign Exchange (FX) and cross FX/Rates particular you need to have experience in FX Spot and Options modelling in a front office delivery role on a trading floor ideally combined with experience in Rates or FX/IR Hybrid derivatives. This Quant would be working closely with the Macro-FX traders and other quant team members in order to design implement support and deliver Option pricing and trading models as well as their integration into Trading and Risk systems. You would be in close contact with other Quant team members IT developers and the Control Groups globally to ensure best practice and coherent implementation.

In this role you will:

• Design implement support and deliver pricing and trading models as well as their integration into Trading and Risk systems for the Macro-FX business.

• Work closely with Traders on short-term projects as well as working within the Quant team on wider projects for the business.

• Participate in the analysis design implementation testing and delivery of derivative pricing and trading models for FX and FX/Rates products.

• Proactively understand business needs and market conventions interact effectively with traders and/or management and initiate possible solutions with clear and intuitive verbal and/or written communications and documentation.

• Perform core financial model analysis and development with a fundamental understanding of arbitrage hedging calibration and stochastic processes.

• Model implementation in C and Java with due care and attention and the incorporation of sanity checking.

• Participate in the model deployment and support of models in trading systems.

• Understand processes and work flows to make recommendations for process improvements. Bring closure to issues questions and requests. Solve problems independently.

• Consistently learn new systems applications processes and techniques.

Required Qualifications:

• Experience in Securities Quantitative Analytics or equivalent demonstrated through one or a combination of the following: work experience training military experience education.

• Expertise in exotic FX derivatives models such as Stochastic Local Vol and models for non-vanilla CSA. Expertise with stochastic rates and FX/IR hybrid models is a plus.

• Solid knowledge of financial mathematics particularly stochastic calculus arbitrage hedging PDE Monte-Carlo and other numerical methods.

• Significant experience working as a front office desk Quant for FX derivatives ideally with exposure to exotics Rates derivatives and FX/IR hybrids.

• Hands on experience of C/Java and Python

• Post graduate qualification in quantitative field such as mathematics statistics engineering physics or computer science ideally a PhD.

• Deep knowledge of FX markets and conventions hedging practices and calibration issues. Knowledge of Rates markets is a plus.

• Team player comfortable on a trading floor with strong clear and concise written and oral communication skills

• Demonstrated experience with exchange-traded derivatives

• Delivery focused with experience participating in the model deployment in the system.

• Ability to work on multiple projects to problem solve and to effectively organize tasks manage time set priorities and deadlines.

Desired Qualifications:

• Demonstrated experience in successfully collaborating with others in a change driven environment.

• Curious to keep up with market practices and recent developments on the pricing and regulatory fronts.

• Good intuitions on the models and the model results.

• Strong interest in financial markets and willingness to provide practical solutions for a trading desk.

• Experience of using AI coding tools

Job Expectations:

• Play an integral role to the trading floor

• Participate in moderately complex initiatives and deliverables within Securities Quantitative Analytics

• Contribute to large-scale departmental planning

• Combine mathematical programming and market expertise to build and generate systematic strategies for hedging

• Review and analyze moderately complex business operational or technical challenges within Securities Quantitative Analytics that require an in-depth evaluation of variable factors

• 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

• Resolve moderately complex issues independently

• Participate with the team to meet deliverables while leveraging solid understanding of Securities Quantitative Analytics policies procedures and compliance requirements

• Collaborate and consult with peers colleagues and mid-level managers to resolve issues and achieve goals

• Help in projects teams or serve as a mentor for less experienced staff

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.

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To request a medical accommodation during the application or interview process visitDisability Inclusion at Wells Fargo.

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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

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