Liberal Arts Career Services
Liberal Arts Career Services

Wells Fargo, Quatitative Associate Program ( Capital Markets Track), Application Deadline for On-Campus Interview, BTT Gateway Schedule ID 607

Mon, November 23, 2015

Explore this position and apply via your BTT Gateway account, Schedule ID 607

As one of the country’s oldest and most stable companies, we’re always looking for sharp, ethical, and determined individuals to join the Wells Fargo family. Whatever your professional ambitions and desires may be, we hope you’ll consider fulfilling them with us. 

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,700 stores and more than 12,500 ATMs, and the internet ( across North America and internationally. We’re headquartered in San Francisco, but are decentralized so every local Wells Fargo store is a headquarters for satisfying all our customers’ financial needs and helping them succeed financially. One in three households in America does business with Wells Fargo. Wells Fargo has $1.7 trillion in assets and more than 266,000 team members in more than 36 countries across approximately 90 businesses. At the end of the first quarter 2015, Wells Fargo ranked fourth in assets among U.S. banks and was the world’s most valuable bank by market capitalization. 

Wells Fargo Securities is a division of Wells Fargo specializing in full-service investment banking and capital markets products for corporate and institutional clients. 

Joining our team will allow you to work in a fun, diverse environment where you’ll have the ability to move around the company as you use your problem-solving, organizational, and communications skills to build your career. 

Program Overview 

As a Quantitative Associate, you will work as a full time team member and gain comprehensive professional and industry experience. Associates may be responsible for developing, implementing, calibrating or validating models, for educating business leaders in the strengths and weaknesses of models, and for providing risk leaders with an analysis to successfully use the models to manage their risk. Associates will also have the opportunity to interact with Wells Fargo senior leaders and learn about various risk management areas including in depth strategy development, validation and performance analysis. 

The Market Risk Analytics, Fixed Income Analytics, Equity Analytics and Model Validation teams are responsible for working with various business lines in Wells Fargo Securities to develop and validate mathematical models for pricing and hedging complex financial instruments. These models are written in C++, and released in libraries for inclusion by IT in various pricing systems such as Calypso, Endur, etc. The models cover a variety of asset classes (equities, commodities, interest rates, foreign exchange, etc.) and are used by the businesses for official pricing and risk management by the company. 

The Capital Markets track will be a 12 month rotational program followed by placement in a designated line of business. In addition to performing the responsibilities outlined below, Associates will participate in a Wells Fargo orientation, product-based training, team building activities and individual coaching and mentoring. 

Capital Markets Associate Program opportunities are primarily available in Charlotte, New York, Houston and San Francisco. 


• Perform core mathematical model development or validation under direction of a more experienced team member. 
• Contribute code to one or more analytics libraries. 
• Daily contact with leaders at all levels of the organization including senior management, team members, individual contributors and vendors. 
• Provide customer service to all areas of management and trading. 
• Perform historical and/or analytical research in response to requests or assignments. 
• Understand processes and work flows to make recommendations for process improvements. Bring closure to issues, questions and requests. Solve problems independently. 
• Understand business needs and provide possible solutions by explaining in a clear verbal and/or written communication to traders and/or management. 
• Consistently learn new systems, applications, processes and techniques. 
• Lead or participate in projects or support activities, which are moderate in size and organization span. 

Basic Qualifications 

• Completion of all requirements, including thesis defense, for a PhD in Math, Physics, Engineering or other mathematical field by the start of the program in the summer of 2016. The degree must be awarded at the next available granting date. 
Minimum Qualifications 
• Experience and ability to demonstrate first-hand knowledge of numerical methods such as the numerical solution of partial differential equations; Monte Carlo methods; principal component analysis; linear algebra; stochastic calculus; and numerical integration. 
• Experience developing computer based solutions to numerical problems using a modern programming language. 
• Ability to demonstrate strong written and oral communication. 
• Ability to explain complex mathematical concepts to a variety of audiences that may be both mathematical and nonmathematical in nature. 
• Demonstrated ability to effectively organize tasks, manage time, set priorities and deadlines 
Preferred Qualifications 
• Professional experience through internships, part-time or full-time work, and/or demonstrated leadership experience in academics or a community setting. 
• Demonstrated experience in successfully collaborating with others in a change driven environment. 
• Knowledge of risk neutral pricing theory and Fixed Income option pricing a plus. 
• Ability and availability to travel based on business needs. 

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/ Veteran/Gender Identity/Sexual Orientation

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