Wells Fargo Quantitative Analytics Specialist 

United States, Texas, Irving 

246574097

Job Role and Responsibility:

As a quantitative analytic you cover jobs responsible for performing highly complex activities related to the design, development, validation, implementation, documentation, and on-going maintenance of quantitative models that offer insights to a wide range of product, business or risk mitigation initiatives. Utilizes advanced mathematical skills and programming to create and validate analytic models. You will develop, implement, and calibrate various analytical models. Perform highly complex activities related to financial products, business analysis and modeling. Perform basic statistical and mathematical models using Python, R, SAS, C++ and SQL. Perform analytical support and provide insights regarding a wide array of business initiatives. Provide solutions to business needs and analyze workflow processes to make recommendations for process improvement in risk management. Collaborate and consult with peers, colleagues, managers and regulators to resolve issues and achieve goals. Telecommuting is permitted up to 2 days a week. Position must appear in person to the location listed as the work address.

None

Required Qualifications:

A PhD in statistics, Mathematics, Physics, Computer Science, Economics, or related quantitative field and 2 years of experience in the job offered or in a related position involving quantitative analytics experience. Experience/skills can be gained through work experience or graduate level coursework.

Specific skills required:

• Experience using Python, R, SAS, C++ and SQL;
• Ability to perform statistical analyses, hypothesis testing, time series analysis and time series forecasting (using ARMA, ARIMA, ARIMAX, Garch models), and implement them in code in Python or R;
• Pricing of financial instruments and derivatives via Monte Carlo simulation methods, including simulating random processes such as Gaussian, t-Student distributions and log-normal distributions;
• Correlation matrix estimation and forecasting, including factor-based models,exponentially-weightedmoving averages, stochastic simulation;
• Solution of systems of linear and non-linear equations;
• Optimization, including gradient-based, stochastic and global methods, including differential evolution;
• Parametric and non-parametric estimation of probability distributions, maximum likelihood estimation and moment-based methods;
• Knowledge of financial instruments and their valuation techniques, including equity, bonds, and derivatives;
• Financial concepts related to computation and estimation of returns, compounding, interest rates and short-rate modelling.

Salary: $96,600 - $171,800

27 Feb 2025

Wells Fargo Recruitment and Hiring Requirements:

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