Wells Fargo - Lead Quantitative Analytics Specialist (5-8 yrs)

About this role :

Wells Fargo is seeking a Lead Quantitative Analytics Specialist.

In this role, you will :

- Lead complex initiatives including creation, implementation, documentation, validation, articulation, and defense of highly statistical theory

- Qualify monitor markets and forecast credit and operational risks

- Strategize short and long-term objectives, and provide analytical support for a wide array of business initiatives

- Utilize stochastic, structured securities, spread analysis, with the expertise in the theory and mathematics behind the analysis

- Review and assess models inclusive of technical, audit, and market perspectives

- Identify structure and scope of review

- Enable decision making for product and marketing with broad impact and act as key participant to develop and document analytical models

- Collaborate and consult with regulators and auditors

- Present results of analysis and strategies

Required Qualifications :

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

- Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science

Desired Qualifications :

- Strong mathematical, statistical, analytical and computational skills

- Good knowledge of financial mathematics and financial models

- Good verbal, written, presentation and interpersonal communication skills

- Strong programing skills and use of software packages such as Python, C++

- Eagerness to contribute collaboratively on projects and discussions

Job Expectations :

- Performing an extensive set of tests (including model performance monitoring) to ensure that Front Office models are robust, consistent and well-behaved under current and distressed market conditions.

- These activities are formally part of the model development process and should not be confused with testing that is performed as part of the independent model validation process.

- Work with front office IT team and trading team to resolve issue related to the front office libraries used in the pricing.

- Writing code (Python, C++) and refactoring code and unit test cases for quant library. Maintaining proper documentation of all processes and keeping the code up to date.

- Compiling and presenting results in a document which will be submitted to model risk teams for review.

- Participating in the production of formal summary and analysis documentation and reporting.

- Actively participating and contributing in team discussions on project specific areas/assignments

- Answering ad-hoc questions from various stakeholders including US Front Office Quants, Risk, Model Governance etc. by populating templates or creating new reports/extracts as requested by stakeholders.

- A Masters or PhD in a quantitative field such as math, statistics, engineering, physics, economics, computer sciences, etc

- 5 + years of experience in similar role with relevant skillset

- Computer programing skills (Python, VBA, C++)

- Writing documents using Microsoft Office tools, LaTeX or other word processing programs

- Ability to learn quickly and work collaboratively within a team in a dynamic and fast paced environment with multiple responsibilities but still following strict deadlines