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Wells Fargo
NEW YORK, NY; 110832-NY-30 Hudson Yards, New York
Source: Wells Fargo careers · View original posting
From Wells Fargo's posting. “We” and “our” refer to the employer.
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. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wells Fargo Bank N.A. seeks a Securities Quantitative Analytics Associate in New York, NY.
Job Role and Responsibility: Develop, implement, and maintain quantitative models and analytical frameworks to support valuation, risk measurement, and capital calculations for derivatives portfolios, including valuation adjustments (XVA) and counterparty credit risk. Perform quantitative analysis of financial instruments by applying mathematical, statistical, and financial theory to assess pricing, sensitivities, and risk exposures under various market conditions.
Design and enhance analytical methodologies used in stress testing, scenario analysis, and regulatory capital exercises by incorporating market data, model assumptions, and portfolio characteristics. Collaborate with trading, risk management, and technology teams to translate business requirements into quantitative solutions and to ensure consistent implementation of models in production systems.
Conduct peer reviews and model impact assessments by evaluating quantitative changes, documenting rationale, and supporting internal governance and control processes. Maintain comprehensive model and process documentation to support transparency, auditability, and regulatory review, ensuring alignment with internal model risk management standards. Telecommuting is permitted up to 2 days a week. Position must appear in person to the location listed as the work address.
Travel required: None
Required Qualifications : PhD in Physics, Statistics, Mathematics, Operations Research, or a related quantitative field plus 1 year of experience in the job offered or in a related quantitative analytics role.
Salary: $143,000 - $224,000
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$0.00 - $0.00
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