About this role Wells Fargo is seeking a Senior Quantitative Analytics Specialist Market and Counterparty Risk Analytics MCRA is responsible for developing models for MCRM s Corporate Market Risk Group Enterprise Counterparty Risk Management and Market and Counterparty Capital MCRA also includes a model governance and quality assurance function as well as a model management function that manages ongoing modeling activities for the supported business groups The Market Risk Analytics team RA within the Market and Counterparty Risk Analytics MCRA is responsible for design and specification of market risk and capital models such as General and Stressed VaR Specific Risk and Incremental Risk Charge as well as supporting trading desk risk management stress test system and scenario design and implementation RA models are mainly used for trading desk risk oversight and regulatory capital reporting and cover seven broad product categories interest rates structured credit products credit equities foreign exchange CVA and commodities RA works collaboratively with Front Office model developers market risk oversight officers model validators and market risk technology to develop implement review test and monitor these models in the whole model development and usage cycle 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 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 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 field such as mathematics statistics engineering physics economics or computer science Ph D in mathematics statistics engineering physics accounting finance economics computer science or similar quantitative disciplines 2 years of experience in capital market modeling especially in Credit Rates FX area Job Expectations Lead complex initiatives including creation implementation documentation validation articulation and defense of market risk models Strategize short and long-term objectives and provide analytical support for a wide array of business initiatives Utilize stochastic structured securities spread analysis with expertise in the theory and mathematics behind the analysis Review and assess models inclusive of technical audit and market perspectives Enable decision making for product and marketing with broad impact and act as key participant to develop and document analytical models Collaborate and consult with regulators and auditors Present results of analysis and strategies Posting End Date 7 Aug 2025 Job posting may come down early due to volume of applicants We Value Equal Opportunity Wells Fargo is an equal prospect employer 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 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 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