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Senior Quantitative Analytics Specialist

AT Wells Fargo
Wells Fargo

Senior Quantitative Analytics Specialist

Bangalore, India

About this role:

Wells Fargo is seeking a Senior Quantitative Analytics Specialist.

In this role, you will:

  • Perform highly complex activities related to creation, implementation, and documentation.
  • Use highly complex statistical theory to quantify, analyze and manage markets.
  • Forecast losses and compute capital requirements providing insights, regarding a wide array of business initiatives.
  • Utilize structured securities and provide expertise on theory and mathematics behind the data.
  • Manage market, credit, and operational risks to forecast losses and compute capital requirements.
  • Participate in the discussion related to analytical strategies, modeling and forecasting methods.
  • Identify structure to influence global assessments, inclusive of technical, audit and market perspectives.
  • Collaborate and consult with regulators, auditors and individuals that are technically oriented and have excellent communication skills.

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  • Think critically to identify and prevent risk in data, solutions, and procedures.
  • Perform root-cause analysis using Java and python on data issues and drive implementation for remediation.
  • Perform reconciliations to source (or system of record) and highlight anomalies.
  • Perform various complex analytics activities related to solution design on data solutions.
  • Ability to prototype, design or develop automated solutions to business problems.
  • Ability to take initiative, identify inefficiencies and opportunities and implement change using python and Java.
  • Ability to manage process improvement initiatives to optimize operational effectiveness and efficiencies.
  • Provide analytical support for evaluating, implementing, monitoring, and executing data strategy and execution solutions.
  • Work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability and respect and partnering skills are important.
  • Partnership with Technology teams to debug, enhance and improve the capabilities of the new strategic valuation, risk, and Market Data Platforms using Java and python.
  • Integration of various data inputs to pricing and risk analytics libraries in collaboration with other quant teams.
  • Consistently deliver high-quality software and documentation in an Agile SDLC
Required Qualifications:
  • 4+ 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.
Desired qualifications
  • Use quantitative and technological techniques to solve complex business problems.
  • Master's or above in quantitative disciplines like Computer Science/Finance
  • 5+ years of experience working in similar role dealing with Python/Java
  • Strong analytical skills with ability to draw conclusions and translate findings from data.
  • Possess strong Java Functional and Python programming skills with experience in working with analyzing and interpreting large datasets and data manipulation using Java Lambda expression, Java evaluators, Immutability, and Python NumPy, Pandas, SciPy and Scikit modules.
  • Participate in complex software design & development activities within an Agile environment.
  • Ability to develop and drive a project from inception to delivery.
  • Experience developing Enterprise scale software platforms.
  • Meet deliverables while leveraging solid understanding of policies, procedures, and compliance requirements.
  • Show your hands-on coding experience of functional programming in git-hub.
  • Quant or financial experience or the keen to learn them.
Posting End Date:
4 Nov 2024
*Job posting may come down early due to volume of applicants.

We Value Diversity

At 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 law.

Employees 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 requirements.

Candidates 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, status as a protected veteran, or any other legally protected characteristic.

Candidates 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Client-provided location(s): Bengaluru, Karnataka, India
Job ID: WellsFargo-R-412106
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • FSA
    • HSA
    • Mental Health Benefits
    • Short-Term Disability
    • Long-Term Disability
  • Parental Benefits

    • Adoption Assistance Program
    • Family Support Resources
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Return-to-Work Program
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Performance Bonus
    • Stock Purchase Program
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Associate or Rotational Training Program
    • Promote From Within
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program
    • Unconscious Bias Training

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