Securities Quantitative Analytics Associate

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Wells Fargo Bank N.A. seeks a Securities Quantitative Analytics Associate in New York, NY.

Job Role and Responsibility: Responsible for performing highly complex activities related to the design, development, validation, implementation, documentation, and on-going maintenance of quantitative models that offer insights to a wide range of product, business or risk mitigation initiatives. Utilize advanced mathematical skills and programming to create and validate analytic models. Develop, implement, calibrate. or validate various analytical models. Duties include but are not limited to: participate in complex activities related business analytics; performing statistical and mathematical model development/validation/audit; review structured securities, cash flow and credit impacts; research market and interest rate changes and develop modeling systems to support real time trading, deal structuring and research and investment decisions; perform statistical and mathematical model in wide arrange of business initiatives; analyze forecasting methods and focus on the theory behind the data; apply experience with knowledge of financial products and portfolios assigned; analyze processes and work flows to make recommendations for process improvement; mitigate risk management and provide in depth strategies for model development, validation and performance analysis; collaborate and consult with peers, colleagues, managers and regulators to resolve issues and achieve goals. Remote / telecommute work available, up to 2 days a week. Position required to appear in person at the location listed.

Travel required: None

Required Qualifications

Position requires a PhD degree in Mathematics, Statistics, or related quantitative field and one (1) year of experience in the job offered or quantitative analytics experience.

Specific Skills Required

• Stochastic analysis specifically in the context of financial variables such as volatility, interest rates and intraday price trends
• Predictive modeling using statistical and machine learning techniques and statistical inference
• Experience in team development and revision control systems such as git or SourceForge
• Proficiency in big data and distributed file systems, such as one of Hadoop, Cloudera or Google Cloud
• Time Series Modeling
• Proficiency in one or more programming languages used for statistical analysis, data processing and programming such as SAS, R, C++, Python and MATLAB
• Linux and Unix Operating Systems
• Proficiency in structured query language (SQL) and the SQL standard. Experience using one of the following commercial or open source databases: SQL Server, Oracle, MySQL or PostgreSQL.
• Non-linear Optimization and Monte-Carlo Simulation
• P&L explanation analysis and statistical back-testing methods over continuous and panel data

Qualified applicants send resume to: [email protected] and reference Requisition #001154 in the subject line.

Salary: $115,900 - $206,100

Pay Range

$0.00 - $0.00 Annual

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 for an overview of the following benefit plans and programs offered to employees.

• Tuition Reimbursement
• Paid Time Off
• Commuter Benefits
• 401(k) Plan
• Critical Caregiving Leave
• Scholarships for dependent children
• Adoption Reimbursement
• Discounts and Savings
• Health Benefits
• Parental Leave

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 US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Reference Number

R-296999