Senior Securities Quantitative Analytics Specialist

at  Wells Fargo

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.
$120,400.00 - $287,600.00

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:

• 4+ 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
• Experience working with mortgage pricing models, prepayment models, or large data sets is a plus
• Knowledge and understanding of mortgage analytics
• Experience in programming languages and statistical software (C++, C#, VBA, R, Python), as well as understanding of SQL and relational databases
• Experience using valuation/risk management systems (e.g. QRM, MIAC, Yield Book, PolyPaths, Algorithmics, etc.)
• Excellent analytical, interpersonal, oral and written communication skills with a strong attention to detail across multiple audiences (Technology, Quants, Senior Management)
• Ability to thrive in a deadline-oriented environment with a demanding workload
• Ability to work through business challenges consistently, effectively, with a sense of urgency through collaboration, transparency, and leading to results
• An impeccable reputation for integrity, accuracy, consistency, big picture orientation and business acumen
• Self-motivated with a working knowledge of risk management fundamentals and policy creation
• Possess exceptionally strong thought leadership with a proven ability to engage and influence Executive Managemen

Wells Fargo is seeking a Senior Securities Quantitative Analytics Specialist (Senior Associate Vice President) to join the Mortgage Modeling Development Center within the Investment Portfolio.
The Lead Securities Quant hired into this role will be responsible for developing pricing models for agency and non-agency mortgages. The team will support the RMBS Trading Desk, Investment Portfolio and the Mortgage Servicing business. This includes ongoing monitoring and research related to mortgage model performance and the all end implementation and testing of and research into the group’s internal and vendor pricing models.
A successful candidate must have strong expertise in the development of mortgage pricing and risk models, be familiar with Residential Mortgage-Backed Securities (RMBS) valuation, OAS framework and risk analysis and the interaction between prepayments and these models. The ideal candidate will have at least 2 years of hands-on and recent experience in mortgage model development, including supporting a Wall Street trading desk.

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:

• 4+ 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
• Experience working with mortgage pricing models, prepayment models, or large data sets is a plus
• Knowledge and understanding of mortgage analytics
• Experience in programming languages and statistical software (C++, C#, VBA, R, Python), as well as understanding of SQL and relational databases
• Experience using valuation/risk management systems (e.g. QRM, MIAC, Yield Book, PolyPaths, Algorithmics, etc.)
• Excellent analytical, interpersonal, oral and written communication skills with a strong attention to detail across multiple audiences (Technology, Quants, Senior Management)
• Ability to thrive in a deadline-oriented environment with a demanding workload
• Ability to work through business challenges consistently, effectively, with a sense of urgency through collaboration, transparency, and leading to results
• An impeccable reputation for integrity, accuracy, consistency, big picture orientation and business acumen
• Self-motivated with a working knowledge of risk management fundamentals and policy creation
• Possess exceptionally strong thought leadership with a proven ability to engage and influence Executive Management

Job Expectations:

• Hybrid work arrangement
• Ability to travel up to 10% of the time