Front Office Lead XVA / PFE Quantitative Analytics Specialist Position Available In Mecklenburg, North Carolina

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About this role:

Wells Fargo is seeking a CIB Quantitative Strategist

• Vice President (Lead Securities Quantitative Analytics Specialist) in Corporate & Investment Banking.

Learn more about the career areas and lines of business at wellsfargojobs.com. The individual will help drive our objectives in counterparty risk modeling. The candidate will implement the PFE and XVA combined modeling strategy to move away from the current siloed frameworks. In addition to strategic framework development, the opportunity will support key platform changes in both front office and risk as it relates to counterparty risk models, e.g. FRTB standard approach for CVA. The opportunity will collaborate with front office trading, risk oversight, technology, and model governance functions ensuring requirements are met and governance is adhered to. The Ideal candidate will possess high quality communications skills both written and verbal in order to socialize the approaches and highlight progress and issues in need of support. In this role, you will:

Lead the design, implementation, and delivery of a unified and shared modeling platform for both PFE and XVADevelop and Lead the design, implementation, and delivery of practical pricing and risk management solutions in XVAReview and analyze complex multi-faceted, larger scale or longer-term business, operational, or technical challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factorsPrimary Quant faceoff for PFE/XVA combined modeling strategyConduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generationLead modeling development on shared C++ library platformMake decisions on complex and multi-faceted situations and partner with technology to drive platform design across quant model, data, and calculation framework.

Engage with front office and risk stakeholders for understanding requirements and ensuring implementation successfully meets those requirements, while playing an integral role to the trading floor

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:

4+ years of quantitative development experience4+ years PFE and XVA modeling and model implementation4+ years of front office derivatives Quant model experienceTeam player with excellent verbal and written communication skills to work with PFE and XVA stakeholdersStrong experience in derivatives modeling and implementation, such as; Rates, FX, Equity, and CommoditiesExperience working with Sales and Trading partnersSolid knowledge of financial mathematics, particularly, stochastic calculus, Monte-Carlo and other numerical methodsStrong hands-on programming skills in C++ and Python, and proficient in the model implementationDelivery focused with experience partnering with technology to deploy the model in the systemAbility to work on multiple projects and effectively organize tasks, manage time, set priorities and meet deadlinesStrong interest in financial markets and willingness to provide practical solutions for the business stakeholdersExperience with model documentation and model validationDemonstrated experience in successfully collaborating with others in a change driven environmentPh.D. degree in a quantitative discipline

Job Expectations:

Visa sponsorship is not availableThis position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Posting Locations:

550 S Tryon St.

• Charlotte, North Carolina 28202500 West 33rd St.
• New York, New York 10001Pay 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
• $300,000.00Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits
• Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

Health benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement

Posting End Date:

29 Jun 2025

• Job posting may come down early due to volume of applicants.

We Value Equal OpportunityWells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

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

Drug and Alcohol Policy Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

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.

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