About this role
Wells Fargo is seeking a Senior Securities Quantitative Analytics Specialist. This position will be part of the Mortgage Model Development Center (MMDC). The MMDC centrally manages all quantitative modeling related to market and interest rate risk on the bank's mortgage products including consumer banking mortgage activities, trading activities and investment portfolio positions in mortgage products.
In this role, you will
- Implement interest rate models, mortgage prepayment models, mortgage default models, derivative valuation models, hedging strategies, and horizon forecast models to support various mortgage business in Wells Fargo.
- Implement and enhance the firm's proprietary quantitative library in C++
- Generate, test, implement, and deploy ideas to improve system performance or team productivity
- Improve the safety and reliability of the library
- Work constructively in collaboration with business, model development, model validation, and IT
Required Qualifications
- 4+ 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
- Strong design, coding, testing and debugging skills.
- Experience in advanced and modern cpp techniques specifically C++1x, std, boost etc.
- Experience with large scale library development
- Versed in software engineering principles
- Experience with multi-threading and asynchronous event-driven programming
- Experience in software development cycle and agile technologies
- Proficiency in SQL and VBA, Java, or Python
- Knowledge of Derivatives valuation
- Experience in Mortgage analytics
- Experience in Vendor model, solution or platform - Polypaths, ADCo, Intex, QRM, Bloomberg, Yieldbook
- Excellent verbal, written, and interpersonal communication skills
- Demonstrated experience of applied mathematical concepts and statistical methods
Job Expectations
- Ability to travel up to 10% of the time
- Hybrid work arrangement
Posting end date may end early due to volume of candidates.
Pay Range
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future.Visit
Benefits - Wells Fargo Careers
- 401(k) Plan
- Paid Time Off
- Parental Leave
- Critical Caregiving Leave
- Discounts and Savings
- Health Benefits
- Commuter Benefits
- Tuition Reimbursement
- Scholarships for dependent children
- Adoption Reimbursement
Posting End Date
*
Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in USAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit
Disability Inclusion at Wells Fargo
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our