Lead Mortgage Quantitative Analytics Specialist

Wells Fargo & Company•New York, NY

1d•$185,000 - $300,000•Onsite

About The Position

About this role: Wells Fargo is seeking a Lead Mortgage Quantitative Analytics Specialist (Vice President) to join the Mortgage Modeling Development Center within the Investment Portfolio. The Lead Securities Quant will be responsible for developing pricing models for agency and non-agency mortgages. The team will support the Investment Portfolio, Mortgage Servicing Portfolio, and Whole Loans Portfolio business. Also, the Lead Quant Specialist will be involved with the development of mortgage pricing and risk models, and familiar with Residential Mortgage-Backed Securities (RMBS) valuation, designing and building architectural frameworks, OAS framework and risk analysis and the interaction between prepayments and these models. In this role, you will: Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative Analytics Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior 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 Use quantitative and technological techniques to solve complex business problems Serve as an expert advisor to senior leadership to develop or influence objectives, plans, specifications, resources, and long-term goals for highly complex business and technical needs across Securities Quantitative Analytics Lead the strategy, implementation, and resolution of highly complex and unique challenges requiring in-depth evaluation across multiple areas companywide Deliver solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others Use quantitative and technological techniques to solve complex business problems Create cutting-edge mortgage pricing models and empirical models, to provide insight into market behavior Work constructively in collaboration with business, model development, model validation, and information technology Play an integral role to the trading floor

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
1+ years of Python 3 experience
3+ years of fixed-income capital markets experience
Ability to travel up to 10% of the time
This position is eligible for Visa sponsorship
Must be able to work on-site

Nice To Haves

A master's degree or PhD in a quantitative discipline
3+ years of hands-on coding experience, Python 3 is most relevant
3+ years of product and market experience in various mortgage assets.
3+ years of quantitative analytics development and support experience in a buy-side or sell-side institution or a quant solution vendor
Experience working with mortgage pricing models, and Value at Risk models
Experience designing and building profit and loss attribution systems
Experience using valuation/risk management systems (e.g. QRM, Bloomberg, Yield Book, PolyPaths, etc.)
Excellent analytical, interpersonal, oral and written communication skills with a strong attention to detail across multiple audiences (Technology, Quants, Senior Management)
Ability to work through business challenges consistently, effectively, with a sense of urgency through collaboration, transparency, and leading to results
Experience in or passionate about Machine Learning and Agentic AI

Responsibilities

Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative Analytics
Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior
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
Use quantitative and technological techniques to solve complex business problems
Serve as an expert advisor to senior leadership to develop or influence objectives, plans, specifications, resources, and long-term goals for highly complex business and technical needs across Securities Quantitative Analytics
Lead the strategy, implementation, and resolution of highly complex and unique challenges requiring in-depth evaluation across multiple areas companywide
Deliver solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
Use quantitative and technological techniques to solve complex business problems
Create cutting-edge mortgage pricing models and empirical models, to provide insight into market behavior
Work constructively in collaboration with business, model development, model validation, and information technology
Play an integral role to the trading floor