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Wells Fargo Front Office Lead XVA / PFE Quantitative Analytics Specialist United States, North Carolina, Charlotte 727436936
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About this role:
The candidate will have to collaborate with front office trading, risk oversight, technology, and model governance functions ensuring requirements are met and governance is adhered to. He/she 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.
- Lead the design, implementation, and delivery of practical pricing and risk management solutions in XVA.
- Primary Quant faceoff for PFE/XVA combined modeling strategy
- Engage with front office and risk stakeholders for understanding requirements and ensuring implementation successfully meets those requirements.
- Lead modeling development on shared C++ library platform.
- Partner with technology to drive platform design across quant model, data, and calculation framework.
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, especially (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.
Pay Range
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
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