Jobs and Careers

Front Office Rates Quant Lead – Managing Director

New York City, United Statesfull_timeVerifiedPosted 20 Mar 2025

💰 $518,300/yr($249,500/yr – $518,300/yr)

About the role

About this role:

The Securities Quantitative Analytics Director is a Managing Director level role within the Corporate & Investment Banking organization (CIB). The successful candidate will lead a team in developing and implementing quantitative models and tools for interest rate risk management, trading, and pricing with focus on areas like forecasting, optimization, and risk mitigation. Provide direction and oversight to the Rates Quant team to ensure timely deliverables to business stakeholders to support business growth as well as strategic initiatives.

Essential duties and responsibilities include:

Lead the design, development, and implementation of quantitative models for interest rate risk management, trading strategies, and pricing of interest rate products.
Develop, integrate, and deploy optimization-based curve construction in collaboration with other Quants, providing expertise in relevant software design, implementation and performance optimization.
Effectively communicate and partner with Business Stakeholders, other Quant Teams, Technology and Project Management
Deliver high-quality software and documentation following our standardized planning and Agile-based SDLC process.

In this role, you will:

Manage, develop and mentor a team of quantitative analysts, providing guidance and support on technical aspects
Proactively participate in complex software design & development activities within an Agile environment
Contribute to large-scale project planning initiatives, balancing short and long-term objectives.
Use quantitative and advanced technologies to solve complex business problems
Meet deliverables while adhering to 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

Required Qualifications:

8+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
4+ years of management or leadership experience

Desired Qualifications:

8+ years of hands-on coding experience, C++ and Java are most relevant, with an emphasis on financial modeling and numerical optimization
8+ years of derivative product and market experience in one or more of the following areas: rates and foreign exchange
4+ years of management experience at the relevant level with direct reports responsible for annual reviews, employee production, staffing and recruitment
Excellent verbal, written, and interpersonal communication skills with the ability to effectively communicate complex technical concepts to both technical and non-technical audiences
Demonstrated ability to recruit, lead, mentor, and manage a team of quantitative analysts.
Experience with optimization-based curve construction ideally in C++
Extensive experience with Sales and Trading partners as a front office quant manager
Master's or higher degree or equivalent in computer science, computational finance, mathematics or similar technical fields.

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.

$249,500.00 - $518,300.00

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.