Lead Securities Quantitative Analytics Specialist Cva Quant Job In The Wells Fargo Foundation In India, Bengaluru / Bangalore

Job descriptionWells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States) Wells Fargo has offices in over 30 countries and territories Our business outside of the US mostly focuses on providing banking services for large corporate, government and financial institution clients.

We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace Our global reach offers many opportunities for you to develop a career with Wells Fargo Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience We are looking for talented people who will put our customers at the center of everything we do and help us build a better Wells Fargo It all begins with outstanding talent.

It all begins with youAbout Wells Fargo India enables global talent capabilities for Wells Fargo Bank NA, by supporting business lines and staff functions across Technology, Operations, Risk, Audit, Process Excellence, Automation and Product, Analytics, Modeling and Quants We are operating in Hyderabad, Bengaluru and Chennai locationsDepartment OverviewCorporate & Investment Banking (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients.

The Markets vertical is an integral part of CIB The Model Development and Maintenance (MDM)team is an extension of the US Front Office team, and works with the global quants team to develop and monitor models The team works in various asset classes like Interest Rate, Credit, Equity, Commodity, FX and XVA on models that are used for pricing, risk management and stress testingAbout the RoleWells Fargo is seeking a Lead Securities Quantitative Analytics Specialist who is responsible for performing complex activities related to the design, development, validation, implementation, documentation, and on-going maintenance of securities quantitative models for CVA/Pricing/Risk that offer insights and recommendations on portfolio performance Utilizes advanced mathematical skills and programming to create and validate analysis.

• Partner with the desk in daily tasks such as model calibration and pricing/risk management issues and strategies
• Work in our quant library, contributing to our modeling efforts, and providing expertise on implementation issues
• 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

Functional Responsibilities Duties include, but are not limited to:

• Participate in model development and deployment
  • Start with testing and testing documentation, and grow into participating in model software implementation
• Testing and testing documentation
  • Participating in unit testing, large scale Quant testing, pre-integration testing, integration testing, regression testing, UAT
  • Testing case generation
  • Checking the consistency and accuracy of quantitative models
• Testing tools and testing (partial) automation
  • Developing testing scripts and automation scripts, eg, for the Quant testing framework
  • Testing of testing
• Participation in issue resolution
  • Debugging case preparation (to produce isolated cases to demonstrate the issues) for the on-shore Quants
  • Debug and conclude data issues/model input issues
  • Testing of testing, debugging and resolving testing issues, and the issues in the Quant testing framework
• Part of the model documentation
• Production health monitoring tools
• Participating in the creation, execution and development of Front Office test plans
• Participation in the creation, execution and development of model monitoring plans
• Writing code (in Python, C++ etc.
  
  ) and refactoring code after receiving approval to do so
• 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 as requested by stakeholders
• Collaborate with and influence all levels of professionals, including more experienced managers
• Advise senior leadership to develop or influence objectives, plans, specifications, resources, and long-term goals for highly complex business and technical needs across Securities Quantitative Analytics
• Play an integral role to the trading floor
• Develop and guide a culture of talent development to meet business objectives and strategy
• Develop and guide a culture of talent development to meet business objectives and strategy
• Engage with all levels of professionals and managers companywide and serve as an expert advisor to leadership

Required qualifications

• A Master's or PhD in a quantitative field such as math, statistics, engineering, physics, economics, computer sciences, etc
• 8+ years of experience in Securities Quantitative Analytics, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Good verbal, written, presentation and interpersonal communication skills
• Hands-on experience in programming in, eg, Python or C++
• Knowledge or experience in derivatives Quant models for, eg.
  
  , interest rate derivatives or commodities derivatives or equity or XVA
• Ability to learn quickly and work collaboratively within a team in a dynamic and fast paced environment with multiple responsibilities but still following strict deadlines
• Good writing skills for technical/mathematical documents, eg, LaTeX and other word processing programs

Preferred Skills & Abilities

• Strong mathematical, statistical, analytical and computational skills
• Good knowledge of financial mathematics and financial models
• Eagerness to contribute collaboratively on projects and discussions

We Value DiversityAt 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 lawEmployees 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 requirementsCandidates applying to job openings posted in US:All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteranCandidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities Accommodation for applicants with disabilities is available upon request in connection with the recruitment process

The Wells Fargo Foundation is looking for .

The Wells Fargo Foundation is looking for Any Graduate / Post Graduate profile candidates.