Senior Securities Quantitative Analytics Specialist

$120,400 - $287,600/Yr

Wells Fargo - Charlotte, NC

Full-time - Mid Level

Charlotte, NC

Credit Intermediation and Related Activities

About the position

Wells Fargo is seeking a Senior Securities Quantitative Analytics Specialist to join the Mortgage Modeling Development Center within the Investment Portfolio. This role involves developing pricing models for agency and non-agency mortgages, supporting the RMBS Trading Desk, and conducting ongoing monitoring and research related to mortgage model performance. The successful candidate will have strong expertise in mortgage pricing and risk models, and will work collaboratively with various teams to deliver innovative solutions.

Responsibilities

• Develop pricing models for agency and non-agency mortgages.
• Support the RMBS Trading Desk and the Mortgage Servicing business.
• Monitor and research mortgage model performance.
• Implement and test internal and vendor pricing models.
• Serve as an expert advisor to senior leadership on complex business and technical needs.
• Lead strategy and resolution of complex challenges across the company.
• Deliver long-term, large-scale solutions requiring advanced analytical thinking.
• Create cutting-edge mortgage pricing and empirical models.
• Collaborate with business, model development, model validation, and IT teams.

Requirements

• 4+ years of Securities Quantitative Analytics experience or equivalent.
• Master's degree or PhD in a quantitative/computing discipline is desired.
• 2+ years of experience in mortgage model development supporting a Wall Street trading desk.
• Applied knowledge of mortgage analytics and numerical solution methods.
• Hands-on programming experience in Python and C++, with understanding of SQL and relational databases.
• Excellent analytical, interpersonal, oral and written communication skills.

Nice-to-haves

• Experience in a deadline-oriented environment with a demanding workload.
• Strong thought leadership and ability to engage Executive Management.

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement