Quantitative Analytics Specialist

Develop, test, and support enhancements to the WFHL’s VaR model covering Mortgage Servicing Rights (MSRs) as well as the hedge portfolio, consisting of TBAs, CMM contracts, Swaps, TBA options and other hedging instruments. Participate in risk modeling projects on the WFS side that are related to WFS MBS, ABS, CMBS and structured products derivatives portfolios. Work with Market Risk Oversight groups and business lines to design, prototype, and implement enhancements to existing risk models or design new risk models for relevant portfolios, using C++, Matlab, SAS or R; implementation of model prototypes in Python, R, Excel etc. Writing technical specifications and coordinating with IT on implementation of models, providing analytical support for the models in production. Working with Corporate Model Validation and federal regulatory agencies to get the approval for use of the models.

According to JobzMall, the average salary range for a Quantitative Analytics Specialist in 750 S New Hope Rd, Gastonia, NC 28054, USA is between $67,000 and $99,000 per year.

Wells Fargo & Co. is a bank holding company that engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers investment management and other services to retail customers and securities brokerage and provides financial products and services to consumers and small businesses.