Wells Fargo · 2 weeks ago
Front Office Lead XVA / PFE Quantitative Analytics Specialist
New York, NY
Full-time
Onsite
Senior Level
$144K/yr - $300K/yr
5+ years expWells Fargo is a leading financial services company seeking a CIB Quantitative Strategist - Vice President in Corporate & Investment Banking. The role involves leading the design and implementation of a unified modeling platform for PFE and XVA, collaborating with various stakeholders to ensure requirements are met for counterparty risk modeling.
BankingFinancial ServicesFinTechInsurancePayments
Responsibilities
Lead the design, implementation, and delivery of a unified and shared modeling platform for both PFE and XVA
Develop and Lead the design, implementation, and delivery of practical pricing and risk management solutions in XVA
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
Primary Quant faceoff for PFE/XVA combined modeling strategy
Conduct research on trading cost models, liquidity models, risk models, portfolio construction methodology, and signal generation
Lead modeling development on shared C++ library platform
Make decisions on complex and multi-faceted situations and partner with technology to drive platform design across quant model, data, and calculation framework
Engage with front office and risk stakeholders for understanding requirements and ensuring implementation successfully meets those requirements, while playing an integral role to the trading floor
Qualification
Required
5+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Preferred
4+ years of quantitative development experience
4+ years PFE and XVA modeling and model implementation
4+ years of front office derivatives Quant model experience
Team player with excellent verbal and written communication skills to work with PFE and XVA stakeholders
Strong experience in derivatives modeling and implementation, such as; Rates, FX, Equity, and Commodities
Experience working with Sales and Trading partners
Solid knowledge of financial mathematics, particularly, stochastic calculus, Monte-Carlo and other numerical methods
Strong hands-on programming skills in C++ and Python, and proficient in the model implementation
Delivery focused with experience partnering with technology to deploy the model in the system
Ability to work on multiple projects and effectively organize tasks, manage time, set priorities and meet deadlines
Strong interest in financial markets and willingness to provide practical solutions for the business stakeholders
Experience with model documentation and model validation
Demonstrated experience in successfully collaborating with others in a change driven environment
Ph.D. degree in a quantitative discipline
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
Company
Wells Fargo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-10-06IPO
Leadership Team
Charlie Scharf
CEO
Fernando Rivas
CEO of Corporate & Investment Banking
Recent News
2026-01-09
2026-01-08
The Real Deal
2026-01-08
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