Front Office Fx Quant - Executive Director jobs at Wells Fargo in United Kingdom, City Of London

In this role, you will:

• Act as an advisor to senior leadership to develop or influence long-term goals for highly complex business and technical needs across Commercial Banking or Corporate & Investment Banking
• Lead the sourcing of new clients or growing of existing relationships for a given product or specialty in close coordination with coverage teams
• Understand clients’ businesses, strategic objectives, operational priorities, and financial positions within the context of individual deals and client relationships
• Partner with client teams to independently work on client transactions and advise on peer transactions, including highly complex, larger, and multi-product financing opportunities, including analyzing potential opportunities, structuring, proposing, and selling tailored financial solutions to clients, strategically leading internal coordination, and submitting transactions to management or independent risk for approval
• Strategically engage with all levels of professionals and managers across the enterprise and serve as an expert advisor to leadership
• Partner with product management functional partners to provide vision, direction, and expertise to leadership on evolving market needs to enable the innovation, design, and delivery of credit solutions more effectively, including large-scale, cross-functional, or companywide strategies
• Serve as a mentor for less experienced individuals

Required Qualifications:

• Experience in secured or specialized lending sales, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Qualified by Experience, having been immersed in the UK ABL market, preferably in a UK clearing bank or US ABL shop in the UK.

Job Expectations:

• Ideally based in the north of England, the role will be to develop and maintain relationships in this region, but will also have responsibilities covering the whole of the UK alongside existing team members.
• With occasional travel to London.
• The position will suit someone who values the ability to work independently in a focused, self-managed environment and in varied settings while maintaining strong relationships with different business stakeholders.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Key member of our G10 and EM FX options trading initiative in London which encompasses trading, sales relationships, and client pricing.
• Perform daily risk management duties for all aspects of the Global portfolio. Capable of running multiple books across the G10 and EM regions
• Exhibit strong analytical and quantitative skills. Be able to work well under pressure and be part of a global team.
• Work with the global team to dictate consistent, efficient, and timely pricing for all our clients.
• Be able to build a franchise by fostering current customer relationships and onboarding new prospects.
• Help build analytical tools that improve our risk management capabilities and customer engagement.
• Lead complex initiatives with broad impact and act as key participant for FX Trading
• Review and analyze complex, longer-term business and operational initiatives that require in-depth evaluation of multiple factors
• Make decisions requiring excellent understanding of policies, procedures and compliance requirements to meet deliverables and drive new initiatives
• Collaborate and consult with peers, colleagues and managers to resolve and achieve goals

Required Qualifications:

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

Desired Qualifications:

• Strong analytical skills with high attention to detail
• Excellent verbal, written, and interpersonal communication skills
• Strong interest in financial markets and risk management
• Demonstrated proficiency in handling multiple projects and deadlines
• Energetic self-starter who is flexible, organized, conscientious, proactive, and detail-oriented
• Strong work ethic, initiative, and desire to learn
• Enjoy working collaboratively in a team environment

Job Expectations:

This position is deemed to be a Certified Person function under the FCA and PRA Certification Regime. You must at all times remain fit and proper to perform your role, and this will be assessed on at least an annual basis.

In addition to the responsibilities summarised in your job description, you are also required to comply at all times with the FCA/PRA Conduct Rules:

• You must act with integrity.
• You must act with due skill, care and diligence.
• You must be open and cooperative with the FCA, the PRA and other regulators.
• You must pay due regard to the interests of customers and treat them fairly.
• You must observe proper standards of market conduct.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Actively make markets in High Grade Credit Bonds, monitor trading books, and manage associated risks.
• Work closely with Credit Sales to support client flow and build relationships.
• Develop, maintain, and enhance strong client connections.
• Engage with other Wells Fargo businesses to generate new opportunities, including supporting origination efforts.
• Utilise Fixed Income electronic trading platforms and contribute to market development within the broader EMEA Credit Trading business.
• Leverage knowledge of the credit markets, electronic trading, and risk management to drive trading ideas and execution.
• Stay up-to-date with Wells Fargo’s products, services, and client needs to support the firm’s broader trading and origination strategies.
• Contribute to analysis, modelling, and management information (MI) reporting as needed.
• Ensure compliance with internal and regulatory standards, adhering to Wells Fargo’s risk and conduct framework.

Required Qualifications:

• Experience in Securities Trading, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Strong understanding of financial markets, especially the Credit markets.
• Experience in Securities Trading or similar, including experience in financial modelling and relative value analysis.
• Demonstrated ability to build and maintain client relationships.
• Strong communication and presentation skills.

Job Expectations:

This position is deemed to be a Certified Person function under the FCA and PRA Certification Regime. You must always remain fit and proper to perform your role, and this will be assessed on at least an annual basis

In addition to the responsibilities summarised in your job description, you are also required to always comply with the FCA/PRA Conduct Rules:

1. You must act with integrity.

2. You must act with due skill, care and diligence.

3. You must be open and cooperative with the FCA, the PRA and other regulators.

4. You must pay due regard to the interests of customers and treat them fairly. 5. You must observe proper standards of market conduct.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Provide full trade support cover for all traders/sales teams in a controlled manner by following all MO procedures.

• Intra-day Risk and P&L reporting, investigation of discrepancies between reported and posted P&L.

• Trade capture of in-scope derivatives for XVA Risk and NPV, lifecycle maintenance and production of PnL and Risk impacts on daytrades.

• Trade Capture of hedge trades executed by the desk to manage market risk associated with the XVA business.

• Production and review of Start of Day Market Risk for Trading to risk manage from and generate PnL attribution from at End of Day.

• End of Day PnL production and attribution on portfolio, result validation with Traders, and investigation of discrepancies.

• Ownership of operational controls on XVA portfolio and corresponding reconciliations.

• Key Partner to other control and operations functions including Market Risk Oversight, Enterprise Capital Risk Management, Finance and Technology.

• Project leadership on transformational work in XVA space to meet business needs, and changing regulatory requirements.

• Understanding of Market Linked Notes and SPV Repack booking process.

• Act as the link between business requirements and technology solutions.

• Have a high level of attention to detail to ensure all trades checked before verified on trade date.

• Participation in system upgrades / testing.

• Liaise with Risk and Product Control Departments to resolve any discrepancies between Middle Office and other reports produced elsewhere.

• Ability to work with team members and business partners across the bank.

• Contact teams internally or externally (ie the client) to solve in a timely manner any break or issue that may appear on a trade.

• Monitoring of daily trading exception reports.

• Resolution of trade queries.

• Run, analyze and solve breaks of front to back reconciliations.

• Work closely with Settlements/Payments functions.

• Project work/Ad hoc management requests.

• Enhancement of the control framework around the daily processes.

• Maintenance and enhancement of governance documents (e.g. Process flows and procedures).

• Fact finding for any issue and help escalation to Management.

• Ensure all Initiatives are captured on the teams BOW and is updated.

• Team player and must show flexibility for working early morning or late shifts.

Required Qualifications:

• Candidates must have a strong academic background and experience in a Middle Office or Product Control position.

• They must be analytical with strong verbal and written communication skills.

• Understanding of trade lifecycle across the Rates and FX, Credit (CDS) and Cash products (bonds).

• Ability to work across multiple regions.

• Must have advance Excel skills and coding skills (VBA/ Python) experience.

• Confident and the ability to work under pressure of a trading floor and deliver on strict deadlines.

• Good interpersonal and networking skills to help close out issues.

• Experience of change management.

• High level of attention to detail.

• Good knowledge on Fixed income derivatives: Rates swap / CDS / FX and also FX option and Rates Swaptions.

• The ability to operate and enhance the team to work in a highly controlled manner and ensuring all processes/procedures are documented.

• Proactive and the ability to take ownership and lead initiatives/projects to close.

• Team Player with good communication skills and demonstrate a high level of transparency towards working as one strong team.

• Experience in Capital Markets middle office, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Degree in quantitative subject preferred.

• Previous experience of working in FX, Rates, XVA or Exotic rates/credit as Middle Office.

• Knowledge on systems Calypso, Catalyst.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

About this role:

Essential duties and responsibilities include:

• Design, development, and implementation of quantitative models for interest rates, hybrids, exotics, and repack products, including pricing, risk management, and trading strategy support.
• Develop and deploy optimization-based curve construction and term structure models, including multi-curve frameworks and stochastic volatility surface models such as SABR.
• Build and calibrate stochastic funding models to support liquidity-sensitive pricing and risk analytics.
• Collaborate with other Quants to ensure robust software design, implementation, and performance optimization.
• Partner effectively with Business Stakeholders, Sales & Trading, Technology, and Project Management teams.
• Deliver high-quality software and documentation aligned with Agile-based SDLC processes.
• Provide model support to the trading desk, including troubleshooting and enhancements.

In this role, you will:

• Lead complex software design and development efforts in an Agile environment.
• Contribute to large-scale project planning, balancing tactical deliverables with long-term strategic goals.
• Apply quantitative techniques and advanced technologies to solve sophisticated business problems.
• Ensure compliance with internal policies, procedures, and regulatory requirements.
• Collaborate with peers and stakeholders to resolve issues and drive consensus.
• Mentor junior team members and foster a culture of technical excellence.

Required Qualifications:

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

• Experience in Securities Quantitative Analytics in Rates / Macro products or equivalent.

Desired Qualifications:

• Strong hands-on coding experiencein C++, Java,and Python, with a focus on numerical optimization and performance.
• Deep understanding of derivative products and markets, particularly in interest rates and foreign exchange.
• Experience with modeling and pricing of hybrid, exotic, and repack instruments.
• Expertise in term structure modeling, stochastic funding, and volatility modeling, including SABR and related frameworks.
• Proven experience working with Sales and Trading as a front office quant.
• Excellent verbal, written, and interpersonal communication skills.
• Master’s or PhD in Computer Science, Computational Finance, Mathematics, or a related technical field.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

About this role:

This is part of a strategic initiative to build new models that will be integrated into a holistic markets quantitative risk and trading platform. Specific work will be spearheaded by the Front Office Interest Rates quant group but will be integrated into a cross asset-class platform within CIB.

In this role, you will:

• Design, development, and implementation of quantitative models for interest rates risk management, trading strategies, and pricing of interest rates products.
• Develop, integrate, and deploy optimization-based curve construction in collaboration with other Quants, providing expertise in relevant software design, implementation, and performance optimization.
• Effectively communicate and partner with Business Stakeholders, other Quant Teams, Technology and Project Management
• Deliver high-quality software and documentation following our standardized planning and Agile-based SDLC process.
• Support the trading desk with questions about deployed models.

• 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 advanced technologies to solve complex business problems
• Meet deliverables while adhering to 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:

• Hands-on coding experience, C++ and Java are most relevant, with an emphasis on numerical optimization
• Experience in derivative product and market experience in one or more of the following areas: rates and foreign exchange
• Excellent verbal, written, and interpersonal communication skills
• Experience with Rates products, both linear and no-linear, ideally in C++ and/or Java.
• Experience with Sales and Trading partners as a front office quant
• Master's or higher degree or equivalent in computer science, computational finance, mathematics or similar technical fields.
• PhD degree or equivalent in computer science, computational finance, or mathematics

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.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

In this role, you will:

• Provide full trade support cover for all traders/sales teams in a controlled manner by following all MO procedures.

• Good knowledge on Rates/FX/Credit/Repo and Treasury functions

• Have a high level of attention to detail to ensure all trades checked before verified on trade date.

• Intra-day Risk and P&L reporting, investigation of discrepancies between reported and posted P&L.

• Monitoring of daily trading exception reports.

• Monitoring and resolution of OPICS trades that needs repair.

• Resolution of trade queries.

• Assist with front to back reconciliations.

• Assisting treasury desk in Liquidity Management and Funding.

• Work closely with Settlements/Payments functions.

• Liaise with Risk and Product Control Departments to resolve any discrepancies between Middle Office and other reports produced elsewhere.

• Client Derivatives Documentation coordination.

• Participation in system upgrades / testing.

• Team player and must show flexibility for working early morning shifts.

• Ability to work with team members and business partners across the bank.

• Project work/Ad hoc management requests.

• Enhancement of the control framework around the daily processes.

• Maintenance and enhancement of governance documents (e.g. Process flows and procedures).

• Act as the link between business requirements and technology solutions.

• Fact finding for any Issue and help escalation to Management.

• Ensure all Initiatives are captured on the teams BOW and is updates at all times.

Required Qualifications:

• Candidates must have a strong academic background and a minimum of 2 years’ experience in FX/Rates Cash Securities and OTC Derivatives Middle Office including Treasury functions.

• Solid understanding of FX given the close collaboration with sales and trading in managing trade amendments and cancellations.

• Ability to work with the settlements team for activities related to trade amendments to facilitate settlement of the trade.

• Ability to monitor exceptions to the trade flow cycle in the FX processing system of records. The team also runs a variety of reporting related to FX trades and activities.

• Participate in lifecycle support tasks for FX trades and identify opportunity for process improvements.

• Excellent Markitwire experience essential, the ability to build a ticket from scratch and enrich where appropriate.

• They must be analytical with strong verbal and written communication skills.

• Good understanding of trade lifecycle across the Rates and FX (including NFD Fixings)

• An excellent understanding of life cycle knowledge of Cash Securities and OTC products (CDS).

• Good Settlement knowledge across DTC, Fed, E/C and Clearstream.

• Ability to work across multiple regions.

• Must have the experience with systems such asTOMS/OPICS/CALYPSO/GSF/CATALYST/MARKITWIRE

• Must have advance Excel and VBA experience.

• Confident and the ability to work under pressure of a trading floor and deliver on strict deadlines.

• Good interpersonal and networking skills to help close out issues.

• Experience of change management.

• High level of attention to detail

• Ability to operate and enhance the team to work in a highly controlled manner and ensuring all processes/procedures are documented.

• Be proactive and the ability to take ownership and lead initiatives/projects to close.

• Team Player with good communication skills and demonstrate a high level of transparency towards working as one strong team.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.