Securities Quantitative Analytics Associate (#001903)

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 and 1 year of experience in the job offered or in a related quantitative analytics role.

Specific skills required:

• Strong foundation in quantitative finance, statistics, probability theory, and linear algebra, with demonstrated application to securities pricing, risk modeling, and portfolio analytics.
• Extensive hands-on programming experience in C++ and Python for the development of performance sensitive quantitative models.
• In depth knowledge of financial markets and instruments, including equities, fixed income securities, derivatives (options, futures, swaps), and structured products.
• Demonstrated experience in quantitative modeling for financial markets, including the development, implementation, and validation of pricing models (e.g., Black Scholes, binomial tree methods, Monte Carlo simulation) and risk measurement frameworks.
• Experience applying time series analysis, regression techniques, and statistical inference to complex market data.
• Proficiency in SQL and relational database systems for extracting, manipulating, and analyzing large scale financial datasets.
• Ability to translate quantitative analyses into clear, actionable insights for trading, risk management, and senior stakeholders.
• Familiarity with version control systems (e.g., Git) and collaborative software development practices in a quantitative research environment.

Qualified applicants send resume to: recruiter_inbox@wellsfargo.com and reference Requisition #001903 in the subject line.

Salary: $143,000 - $224,000

Place of Work

Hybrid

Requisition ID

001903

Compensation

$143,000 - $224,000

Job Type

Full Time

Application Email

recruiter_inbox@wellsfargo.com