Wells Fargo Front Office Lead XVA / PFE Quantitative Analytics Specialist 

United States, New York, New York 

436992075

About this role:

Corporate & Investment Banking.

The opportunity will collaborate with front office trading, risk oversight, technology, and model governance functions ensuring requirements are met and governance is adhered to. The Ideal candidate 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:

• Lead the design, implementation, and delivery of a unified and shared modeling platform for both PFE and XVA
• Develop and Lead the design, implementation, and delivery of practical pricing and risk management solutions in XVA
• Review and analyze complex multi-faceted, larger scale or longer-term business, operational, or technical challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
• Primary Quant faceoff for PFE/XVA combined modeling strategy
• Conduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generation
• Lead modeling development on shared C++ library platform
• Make decisions on complex and multi-faceted situations and partner with technology to drive platform design across quant model, data, and calculation framework.
• Engage with front office and risk stakeholders for understanding requirements and ensuring implementation successfully meets those requirements, while playing an integral role to the trading floor

Required Qualifications:

• 5+ 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:

• 4+ years of quantitative development experience
• 4+ years PFE and XVA modeling and model implementation
• 4+ years of front office derivatives Quant model experience
• Team player with excellent verbal and written communication skills to work with PFE and XVA stakeholders
• Strong experience in derivatives modeling and implementation, such as; 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

Job Expectations:

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting Locations:

• 550 S Tryon St. - Charlotte, North Carolina 28202
• 500 West 33rd St. - New York, New York 10001

Pay Range

Wells Fargo Recruitment and Hiring Requirements:

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