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.
$144,400.00 - $300,000.00

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

WELLS FARGO RECRUITMENT AND HIRING REQUIREMENTS:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process

Required Qualifications:

• 5+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

• A master’s degree or PhD in a quantitative discipline
• 3+ years’ experience in programming languages and statistical software (C++, C#, VBA, R, Python), as well as understanding of SQL and relational databases
• 3+ years’ experience working in a mortgage development environment, supporting Wall Street trading desk.
• Experience working with mortgage pricing models, and Value at Risk models
• 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 creatio

Wells Fargo is seeking a Lead Securities Quantitative Analytics Specialist (Vice President) to join the Mortgage Modeling Development Center within the Investment Portfolio.
The Lead Securities Quant 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. Also, the the Lead Quant Specialist will be involved with the development of mortgage pricing and risk models, and familiar with Residential Mortgage-Backed Securities (RMBS) valuation, designing and building architectural frameworks, OAS framework and risk analysis and the interaction between prepayments and these models.

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:

• 5+ 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
• 3+ years’ experience in programming languages and statistical software (C++, C#, VBA, R, Python), as well as understanding of SQL and relational databases
• 3+ years’ experience working in a mortgage development environment, supporting Wall Street trading desk.
• Experience working with mortgage pricing models, and Value at Risk models
• 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