Front Office Quant- Strategic Risk Quantitative Developer - VP

Wells Fargo • Charlotte, NC

85d • $144,400 - $300,000

About The Position

Wells Fargo is seeking a Lead Securities Quantitative Analytics Specialist- Core Quantitative Developer. (Quant developer) A successful applicant will be a quantitative developer in the Quantitative Strategies Team in Wells Fargo Securities, with a focus on Vasara development. Vasara is the next generation risk platform for the bank. It is an ambitious, green field initiative to tackle the bank's risk computation challenges within capital markets, from ticking risk for trading desks to market risk and capital calculations such us FRTB and CCAR. Vasara is a joint venture between Technology and Quants, and you will be working within the Quant organization, with a focus on specific risk management and pricing solutions for our trading partners. The solutions will be tailored to practical needs, but expected to be asset agnostic, so that we achieve maximum consistency and re-usability.

Requirements

• 5+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

• 5+ years of hands-on coding experience, Java and C++ are most relevant
• 5+ years of derivative product and market experience in one or more of the following areas: rates, foreign exchange, credit, equities and commodities
• 4+ years of Java experience with emphasis on functional programming
• 3+ years of C++ experience
• Experience with asynchronous event driven or reactive programming architectures
• Experience interpreting and solutioning for risk
• Excellent verbal, written, and interpersonal communication skills
• Master's degree or higher in computer science or finance/mathematics

Responsibilities

• Partnership with Technology teams to enhance and improve the capabilities of the new strategic valuation and risk platform
• Integration of pricing and risk analytics in collaboration with other quant teams, providing expertise in design and implementation issues
• Effective communication and collaboration with Business Stakeholders, other Quant Teams, Technology Partners, and Project Management
• Analyze performance, propose remedial or optimization plans, and ensure execution to enhance the new strategic valuation and risk platform for the securities businesses
• Consistently deliver high-quality software and documentation in an Agile SDLC
• Proactively participate in complex software design & development activities within an Agile environment
• Contribute to large-scale project planning, balancing short and long-term objectives
• Use quantitative and technological techniques to solve complex business problems
• Meet deliverables while leveraging solid understanding of policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues, and project managers to resolve issues and achieve goals
• Effectively communicate with and build consensus with all project stakeholders
• Serve as a mentor for less experienced staff

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Master's degree
• Number of Employees: 1,001-5,000 employees