Lead Quantitative Analytics Specialist

Wells Fargo is seeking a Lead Quantitative Analytics Specialist in the Consumer Data Engagement Platforms organization. Learn more about our career areas and business divisions at

In this role, you will:

• Be part of the Retail Investing & Financial Advice Modeling Center of Excellence (RIFAM CoE) for Consumer Bank business
• Have the responsibility for the development and maintenance of models across Wealth Investment Management (WIM) in compliance with the requirements of the Corporate Model Risk Management Policy
• Be instrumental in performing a cross sectional assessment of all current models in inventory, establishing best practices for model development, model testing and performance, resolving standing issues around model validation activities, as well as seeking consistency and efficiency in all aspects of model support and development
• Work hands-on with every aspect of the model life cycle, including inception, development, documentation, validation and model maintenance
• Interact with a broad variety of partners, from portfolio managers and investment strategists in the business to model validators, fiduciary investment risk, auditors, and technology partners
• Provide solutions to business needs and ad-hoc analyses to support modelling decisions or help in the business decision making process
• Create benchmarks and provide proper developmental evidence for the supported models
• Strategize short and long-term objectives, and provide analytical support for a wide array of business initiatives

Required Qualifications:

• 5+ years of Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Master's degree or higher in a quantitative discipline such as mathematics, statistics, engineering, physics, economics, or computer science

Desired Qualifications:

• PhD degree in a quantitative discipline
• Experience with quantitative models in both the risk neutral "Q" and historical "P" risk measures
• Experience with portfolio optimization, factor models, forecasting models and Monte Carlo simulations techniques
• Experience with model development, model validation and model lifecycle in the Banking Services industry
• Strong knowledge and understanding of statistical concepts and time series analysis as they relate to finance
• Experience with capital market assumption modeling
• Experience developing or benchmarking models in Python or R
• SQL experience
• GitHub experience
• Ability to provide of quality and timely delivery of work products
• Ability to develop partnerships and collaborate with other business and functional areas
• Ability to work effectively, as well as independently, in a team environment
• Ability to prepare presentations, management reporting, and statistical analysis
• Excellent verbal, written, and interpersonal communication skills

Job Expectations:

• This position offers a hybrid work schedule
• This position is not eligible for Visa sponsorship

Posting Locations:

• 600 S 4th St, Minneapolis, MN
• 1 N Jefferson Ave Saint Louis,MO
• 301 S Tryon St, Charlotte, NC
• 333 Market Street, San Francisco, CA
• 150 E 42nd St, New York, NY

Preferred locations listed above. Other locations within the Wells Fargo footprint may be considered. Relocation assistance is not available for this position.

Pay Range:

• New York: New York, NY: $138,500 - $287,600 Annually
• California: San Francisco, CA: $138,500 -$287,600 Annually

Salary range is determined by location of the job

May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards

Job posting may come down early due to volume of applicants

Pay Range
$120,400.00 - $250,000.00 Annual
Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

• 401(k) Plan
• Paid Time Off
• Parental Leave
• Critical Caregiving Leave
• Discounts and Savings
• Health Benefits
• Commuter Benefits
• Tuition Reimbursement
• Scholarships for dependent children
• Adoption Reimbursement

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Drug and Alcohol Policy

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