At a Glance
- Tasks: Lead the development of advanced quantitative models for interest rates and trading strategies.
- Company: Join Wells Fargo, a leader in Corporate & Investment Banking with a focus on innovation.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Collaborative culture with excellent career advancement opportunities.
- Why this job: Make a real impact by solving complex business problems with cutting-edge technology.
- Qualifications: Experience in Securities Quantitative Analytics and strong coding skills in C++, Java, or Python.
The predicted salary is between 99000 - 121000 £ per year.
About this role: Our Corporate & Investment Banking Front Office Quantitative Model Development Team is undergoing a strategic buildout initiative to enhance our capabilities in delivering high-quality quantitative solutions to our trading and sales partners. As our platform continues to grow, we are expanding our modeling coverage to include a broader range of products and methodologies.
Wells Fargo is seeking candidates for the role of Senior Lead Securities Quantitative Analytics Specialist, an Executive Director level position within the Corporate & Investment Banking (CIB) organization. The successful candidate will join a team focused on developing and implementing advanced quantitative models and tools for interest rates risk management, trading, and pricing. This includes work on linear and non-linear rates products, hybrids, exotics, repack structures, and stochastic funding models, with a strong emphasis on term structure modeling and volatility modeling frameworks such as SABR.
This role is part of a strategic initiative to build new models that will be integrated into a holistic, cross-asset quantitative risk and trading platform. The work will be led by the Front Office Interest Rates Quant group and will involve close collaboration with other asset class teams within CIB.
Essential duties and responsibilities include:
- Design, development, and implementation of quantitative models for interest rates, hybrids, exotics, and repack products, including pricing, risk management, and trading strategy support.
- Develop and deploy optimization-based curve construction and term structure models, including multi-curve frameworks and stochastic volatility surface models such as SABR.
- Build and calibrate stochastic funding models to support liquidity-sensitive pricing and risk analytics.
- Collaborate with other Quants to ensure robust software design, implementation, and performance optimization.
- Partner effectively with Business Stakeholders, Sales & Trading, Technology, and Project Management teams.
- Deliver high-quality software and documentation aligned with Agile-based SDLC processes.
- Provide model support to the trading desk, including troubleshooting and enhancements.
In this role, you will:
- Lead complex software design and development efforts in an Agile environment.
- Contribute to large-scale project planning, balancing tactical deliverables with long-term strategic goals.
- Apply quantitative techniques and advanced technologies to solve sophisticated business problems.
- Ensure compliance with internal policies, procedures, and regulatory requirements.
- Collaborate with peers and stakeholders to resolve issues and drive consensus.
- Mentor junior team members and foster a culture of technical excellence.
Required Qualifications:
- Experience in Securities Quantitative Analytics, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
- Experience in Securities Quantitative Analytics in Rates / Macro products or equivalent.
Desired Qualifications:
- Strong hands-on coding experience in C++, Java, and Python, with a focus on numerical optimization and performance.
- Deep understanding of derivative products and markets, particularly in interest rates and foreign exchange.
- Experience with modeling and pricing of hybrid, exotic, and repack instruments.
- Expertise in term structure modeling, stochastic funding, and volatility modeling, including SABR and related frameworks.
- Proven experience working with Sales and Trading as a front office quant.
- Excellent verbal, written, and interpersonal communication skills.
- Master’s or PhD in Computer Science, Computational Finance, Mathematics, or a related technical field.
We Value Equal Opportunity Wells 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.
Summary Location: CITY OF LONDON, Type: Full time
Executive Director, Front Office Rates Quant in London employer: Wells Fargo
Wells Fargo is an excellent employer, offering a dynamic work culture that prioritises collaboration and innovation within the Corporate & Investment Banking Operations sector. Employees benefit from comprehensive growth opportunities, competitive compensation, and a commitment to professional development, all while working in a vibrant location that fosters both personal and career advancement.
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We think this is how you could land Executive Director, Front Office Rates Quant in London
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We think you need these skills to ace Executive Director, Front Office Rates Quant in London
Some tips for your application 🫡
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How to prepare for a job interview at Wells Fargo
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Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
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