Wells Fargo Front Office FX Quant - Executive Director 

United Kingdom, England, City of London 

995379682

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 FX and non-USD Rates 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 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.

• 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

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. Stochastic rates expertise is a plus.

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

• Experience working as a front office desk Quant for FX derivatives, ideally with exposure to exotics Rates derivatives and FX-IR hybrids.

• Experience of C++/Java experience.

• PhD in quantitative field such as mathematics, statistics, engineering, physics or computer science

• 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.

27 Apr 2025

Wells Fargo Recruitment and Hiring Requirements:

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