Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.
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. Note
The applicant will join the Securities Division Quantitative Strategies Quant Team to help advance Macro RatesFX Derivatives Modeling. In particular we are looking for candidates with broad FX Modeling background and proven experience of work in close interaction with trading desks.
The successful candidate will:
Partner with the desk in daily tasks such as exotic model calibration and pricing/risk management issues and strategies
Work in our quant library, contributing to our modeling efforts, and providing expertise in implementation issues
Work with Technology teams in all aspects of model integration, with special focus on Vasara, our strategic risk platform.
Produce high quality model documents that satisfy model validation and regulatory requests
Collaborate with and support Front office Trading, Technology Partners, and Model Validation/Governance teams
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.
7+ years of experience in capital markets, industry experience within the specific sector of the position, or a combination of both
8+ years of quantitative development experience
8+ years of derivatives experience
5+ years of exchange traded derivatives experience
PhD in quantitative field such as mathematics, statistics, engineering, physics or computer science.
Strong analytical and quantitative skills
Effective organizational, multi tasking, and prioritizing skills
Knowledge of financial mathematics, such as stochastic calculus
Knowledge of capital market and derivatives products
1+ year of Java experience
5+ years of C++ experience
Strong, clear and concise written and oral communication skills
Ability to travel up to 5% of the time
NY-New York: 30 Hudson Yards - New York, NY MN-Minneapolis: 550 South 4th St - Minneapolis, MN CA-SF-Financial District: 333 Market St - San Francisco, CA
All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 260,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.
www.wellsfargo.com | Twitter: @WellsFargo