INTERVIEW BY DATE: 11/21/2023 REQUIRED EDUCATION: MBA or Masters in Finance, Math, Economics, Stats REQUIRED EXPERIENCE: 4-6 Years CITIZENSHIP: US Citizen or Permanent Resident [Green Card Holder] REQ #: INTIR-314673
Our customer is seeking a Lead Quantitative Analytics Specialist.
This position will be part of the Mortgage Model Development Center (MMDC) that will focus on mathematical concepts and programming.
The MMDC manages all quantitative modeling related to market and interest rate risk on the bank’s mortgage products including consumer banking mortgage activities, trading activities and investment portfolio positions in mortgage products.
In this role you will:
Implement interest rate models, mortgage prepayment models, mortgage default models, derivative valuation models, hedging strategies, and horizon forecast models to support various mortgage business in Wells Fargo.
Implement and enhance the firm’s proprietary quantitative library in C++
Generate, test, implement, and deploy ideas to improve system performance or team productivity
Improve the safety and reliability of the library
Partner constructively in collaboration with business, model development, model validation, and IT
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
2+ years of C++ experience
Strong design, coding, testing, and debugging skills.
2+ yrs experience applying advanced mathematics in problem solving
Experience with large scale library development
Versed in software engineering principles
Experience with multi-threading and asynchronous event-driven programming
Experience in software development cycle and agile technologies
Experience with computer programs including, SQL and VBA
Knowledge and understanding of interest rate derivatives models and mortgage analytics
Experience in vendor model, solution, or platform - Polypaths, ADCo, Intex, QRM, Bloomberg, Yieldbook
Knowledge of Derivatives valuation
Excellent verbal, written, and interpersonal communication skills
If you are interested in pursuing this opportunity, please respond back and include the following:
MS WORD Resume
Upon receipt, one of our managers will contact you to discuss the position in full detail.