Executive Director, Front Office Rates Quant

WELLS FARGO BANK; City of Westminster; On-site; GBP 90,000 - 120,000; Full time

Job summary

A global financial institution in the UK is seeking a Senior Lead Securities Quantitative Analytics Specialist. This Executive Director role will focus on developing advanced quantitative models for interest rates, hybrids, and exotics. Candidates must have strong hands-on experience in C++, Java, and Python, along with a solid understanding of derivative products. The position involves leading software design efforts and collaborating with various teams to deliver high-quality solutions. Strong communication skills and a Master's or PhD in a relevant field are essential.

Qualifications

• Experience in Securities Quantitative Analytics or equivalent.
• Strong coding experience, focusing on numerical optimization.
• Deep understanding of derivative products and their markets.

Responsibilities

• Design, develop, and implement quantitative models for interest rates.
• Collaborate with Quants to ensure robust software design.
• Lead software design and development in an Agile environment.

Skills

Securities Quantitative Analytics

C++

Java

Python

Numerical Optimization

Volatility Modeling

Communication Skills

Education

Master’s or PhD in Computer Science

Mathematics

Job description

Our Corporate & Investment Banking Front Office Quantitative Model Development Team is undergoing a strategic buildout initiative to enhance our capabilities in delivering high‑quality quantitative solutions to our trading and sales partners. As our platform continues to grow, we are expanding our modeling coverage to include a broader range of products and methodologies. Wells Fargo is seeking candidates for the role of Senior Lead Securities Quantitative Analytics Specialist, an Executive Director level position within the Corporate & Investment Banking (CIB) organization. The successful candidate will join a team focused on developing and implementing advanced quantitative models and tools for interest rates risk management, trading, and pricing.

Essential Duties & Responsibilities

• Design, develop, and implement quantitative models for interest rates, hybrids, exotics, and repack products, including pricing, risk management, and trading strategy support.
• Develop and deploy optimization‑based curve construction and term structure models, including multi‑curve frameworks and stochastic volatility surface models such as SABR.
• Build and calibrate stochastic funding models to support liquidity‑sensitive pricing and risk analytics.
• Collaborate with other Quants to ensure robust software design, implementation, and performance optimization.
• Partner effectively with Business Stakeholders, Sales & Trading, Technology, and Project Management teams.
• Deliver high‑quality software and documentation aligned with Agile‑based SDLC processes.
• Provide model support to the trading desk, including troubleshooting and enhancements.

In this role, you will:

• Lead complex software design and development efforts in an Agile environment.
• Contribute to large‑scale project planning, balancing tactical deliverables with long‑term strategic goals.
• Apply quantitative techniques and advanced technologies to solve sophisticated business problems.
• Ensure compliance with internal policies, procedures, and regulatory requirements.
• Collaborate with peers and stakeholders to resolve issues and drive consensus.
• Mentor junior team members and foster a culture of technical excellence.

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.

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

Qualifications

• Experience in Securities Quantitative Analytics, or equivalent demonstrated through one or a combination of work experience, training, military experience, education.
• Experience in Securities Quantitative Analytics in Rates / Macro products or equivalent.
• Strong hands‑on coding experience in C++, Java, and Python, with a focus on numerical optimization and performance.
• Deep understanding of derivative products and markets, particularly in interest rates and foreign exchange.
• Experience with modeling and pricing of hybrid, exotic, and repack instruments.
• Expertise in term structure modeling, stochastic funding, and volatility modeling, including SABR and related frameworks.
• Proven experience working with Sales and Trading as a front‑office quant.
• Excellent verbal, written, and interpersonal communication skills.
• Master’s or PhD in Computer Science, Computational Finance, Mathematics, or a related technical field.