2025 Quantitative Analytics Development Program - Capital Markets (PhD)
About this role:
Wells Fargo is seeking talent to join the Quantitative Analytics Program. Learn more about the career areas and lines of business at wellsfargojobs.com
Program Overview
The Quantitative Analytics Program provides you with an overview of Wells Fargo and prepares you to develop, implement, calibrate, or validate quantitative models. It is designed to give you a blend of technical, business, and professional developmental opportunities that incorporates real-world experiences and prepares you for a career at Wells Fargo. Upon completion of two six-month rotations, you will join a team within your program track.
The Capital Markets track deals with mathematical models for pricing, hedging and risking complex financial instruments. Wells Fargo trading portfolios include products in all traded asset classes such as credit, commodity, Equity, FX, Rate, Mortgages, and Asset-Backed Finance.
Placement group includes:
Traded Products Model Development
Market and Counterparty Risk Analytics
Mortgage Model Development Center
Model Risk Management
Consumer Model Development Center
In this role you will:
Be part of a team that provides solutions to business needs and improves risk management processes
Communicate solutions to stakeholders through presentations and written documentation
Stay up to speed on industry challenges and new and innovative modeling techniques used across Wells Fargo to solve business problems or enhance business capabilities.
Ideal candidate for this role:
Excellent computer programing skills and use of statistical software packages such as Python, R, SAS, SQL, Java, Spark, and C++
Ability to communicate concepts and ideas, both verbally and written, and explain technical material to a non-technical audience.
Energetic self-starter who proactively takes initiative, remains curious and has a genuine interest in learning and growth.
Program Start Date: July 2025
Program Location: Charlotte, NC
Program Length: 24 months (Year 1: training and 2 rotations; Year 2: permanent placement)
Required Qualifications:
2+ 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 statistics, mathematics, physics, engineering, computer science, economics, or quantitative discipline
Desired Qualifications:
Currently pursuing PhD degree with an expected graduation date in December 2024-June 2025 OR graduated from a PhD program after May 1, 2022 and is currently completing a postdoc with emphasis in Mathematics, Operations Research, Physics, Engineering, Computer Science, Statistics, Quantitative Finance or related quantitative field.
Perform mathematical model development and validation under the direction of experienced team members using Python, R, C++, SAS, SQL or other programming languages
Experience and demonstrated knowledge in mathematical and numerical methods including Monte Carlo methods, differential equations, linear algebra, applied probability, and statistics
Excellent verbal, written, and interpersonal communication skills
Ability to work effectively, as well as independently, in a collaborative, change driven environment
Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Involvement in extracurricular enrichment activities through one or more of the following: volunteerism, student organization involvement, study abroad program(s), leadership position(s), non-profit involvement
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How to Apply:
The 2025 Quantitative Analytics Development Program will be accepting applications through the Wells Fargo Career website.
To search and apply for open positions in this program, please go to https://www.wellsfargo.com/careers/ and click on “Search Jobs”.
Search by Job ID #: R-3865666 or by keywords, “2025 Quantitative Analytics Development Program - Capital Markets - PhD” and follow the instructions to complete your application.
We Value Diversity
At Wells Fargo, we believe in diversity 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.