Front Office Rates Quant - Executive Director

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

About this role:

Wells Fargo is seeking candidates for the role of Front Office Rates Derivatives Quantitative Analytics Manager, which is an Executive Director level role within the Corporate & Investment Banking organization (CIB). The successful candidate will work and provide leadership within a team responsible for developing and implementing quantitative models and tools for Interest Rates risk management, trading, and pricing, with a focus on options.

Essential duties and responsibilities include:

• Design, development, and implementation of quantitative models for interest rates risk management, trading strategies, and pricing of interest rates products.
• Integrate our models in our strategic risk platform (Vasara)
• 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.
• Provide effective leadership within the team.

In this role, you will:

• Lead development of state-of-the-art interest rates derivatives models, particularly options.
• Perform complex software design & development activities within an Agile environment
• Contribute to large-scale project planning, 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:

• 6+ years of Securities Quantitative Analytic experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years of management or leadership experience

Desired Qualifications:

• 6+ years’ experience in interest rates derivatives model development in a Front Office Quant Team.
• 6+ years of hands-on coding experience, C++ and Java are most relevant, with an emphasis on model development and code quality.
• 3+ years of quant team management within a highly matrixed environment
• Expertise in interest rates products and models
• Tracking record of leadership roles.
• Master's or higher degree or equivalent in computer science, computational finance, mathematics, or similar technical fields.
• Excellent verbal, written, and interpersonal communication skills.
• PhD degree or equivalent in computer science, computational finance, mathematics or similar

Job Expectations:

• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
• Willingness to work on-site in accordance with current office requirements
• Ability to work additional hours as needed

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.

$215,000.00 - $355,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit