Vice President Rates Options Quant

About this role:

Wells Fargo is seeking a Lead Securities Quantitative Analytics Specialist.

In this role, you will:

• Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative Analytics
• Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior
• Review 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 factors
• Use quantitative and technological techniques to solve complex business problems
• Conduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generation
• Resolve issues and achieve goals
• Make decisions on complex and multi-faceted situations requiring understanding of Securities Quantitative Analytics, policies, procedures, and compliance requirements
• Influence and lead the broader work team to meet deliverables and drive new initiatives
• Lead projects, teams, or serve as a peer mentor
• Collaborate and consult with peers, colleagues, and mid-level to senior managers
• Play 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:

• We are looking at a Rates Quant with Java proficiency to cater to the Interest Rates Options Desk.
• Work in our quant library, as needed, to adapt our generic models to specific use cases.
• Work with Technology teams in all aspects of model integration, with special focus on our curve building and valuation strategic platforms.
• Produce high quality model documents that satisfy model validation and regulatory requests
• Collaborate with and support Front office Trading, Technology Partners, and Model Validation/Governance teams.
• Lead complex initiatives with broad impact and act as key participant in large-scale planning for Securities Quantitative Analytics
• Develop automated trading algorithms, create cutting-edge derivative pricing models and empirical models, to provide insight into market behavior
• Review 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 factors
• Use quantitative and technological techniques to solve complex business problems
• Conduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generation
• Resolve issues and achieve goals
• Make decisions on complex and multi-faceted situations requiring understanding of Securities Quantitative Analytics, policies, procedures, and compliance requirements
• Influence and lead the broader work team to meet deliverables and drive new initiatives
• Lead projects, teams, or serve as a peer mentor
• Collaborate and consult with peers, colleagues, and mid-level to senior managers
• Play an integral role to the trading floor

Duties include, but are not limited to:

• Play an integral role to the trading floor on Interest Rates Options and help solve their problems.
• Participate in model development and deployment
• Participating in model software implementation
• Writing code (in Java) and refactoring code
• Testing and testing documentation
• Participating in unit testing, large scale Quant testing, pre-integration testing, integration testing, regression testing, UAT
• Participation in issue resolution
• Debugging case preparation (to produce isolated cases to demonstrate the issues) for the Rates Quants
• Debug and conclude data issues/model input issues
• Part of the model documentation
• Production health monitoring tools
• Participating in the creation, execution and development of Front Office test plans
• Actively participating and contributing in team discussions on project specific areas/assignments
• Maintaining proper documentation of all processes and keeping the code up to date
• Answering ad hoc questions from various stakeholders including US Front Office Quants, populating templates or creating new reports/extracts/results as requested by stakeholders

Job Expectations:

• A masters or PhD in a quantitative field such as math, statistics, engineering, physics, economics, computer sciences, etc.
• Min 5+ years of relevant experience in Securities Quantitative Analytics, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 3+ years' experience in Rates options Quant models
• Excellent verbal, written, presentation and interpersonal communication skills
• Hands-on experience in programming in JAVA
• Good writing skills
• A PhD in Math (Mathematical Finance is a Plus), Physics, Engineering or Computer Sciences.
• 5+ years' experience coding in Java or C++

Role: Business Correspondent

Industry Type: IT Services & Consulting

Department: BFSI, Investments & Trading

Employment Type: Full Time, Permanent

Role Category: Banking Operations

Education

UG: Any Graduate

PG: Any Postgraduate