Senior Lead Quant Analytics Specialist, Executive Director

About this role:

Wells Fargo is seeking a Senior Lead Securities Quantitative Analytics Specialist (Executive Director) to join the Mortgage Modeling Development Center within the Investment Portfolio. This role will be responsible for developing pricing models for agency and non-agency mortgages. The team will support the RMBS Trading Desk, Investment Portfolio, and Mortgage Servicing business.

The Senior Lead will have expertise in the development of mortgage pricing and risk models, be familiar with Residential Mortgage-Backed Securities (RMBS) valuation, building architectural frameworks, OAS framework and risk analysis and the interaction between prepayments and these models. The Senior Lead will have experience in mortgage model development, including supporting a Wall Street trading desk.

In this role, you will:

• 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

Required Qualifications:

• 7+ 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:

• A master's degree or PhD in a quantitative discipline 

• 5+ years’ experience in programming languages and statistical software (C++, C#, VBA, R, Python), as well as understanding of SQL and relational databases

• 5+ years’ experience working with mortgage pricing models, and Value at Risk models

• Demonstrated thought leadership experience with ability to engage and influence executive management

• Experience designing and building profit and loss attribution systems

• Experience designing and building architectural frameworks used for testing and monitoring

• Experience using valuation/risk management systems (e.g. QRM, Bloomberg, Yield Book, PolyPaths, etc.)

• Experience in developing robust data outlier surveillance detection systems

• 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 

• Self-motivated with a working knowledge of risk management fundamentals and policy creation

Job Expectations:

• Ability to travel up to 10% of the time

• This position is eligible for Visa sponsorship

• Hybrid work arrangement

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$173,300.00 - $359,900.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Pare