Full Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.
At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Wells Fargo Home Lending is the largest home mortgage lender and servicer in the U.S., funding one of every nine loans and servicing one of every seven loans. In 2018, we helped 582,000 homeowners purchase or refinance their homes, and we provide mortgage servicing for more than 8 million customers. NeighborhoodLIFT, CityLIFT, and HomeLIFT are distinct programs that complement each other with a common purpose to create sustainable homeownership. In recent years, Wells Fargo has announced diverse lending commitments to increase homeownership in the African American and Hispanic communities.
Our Capital Markets team manages the interest rate and operational risks associated with the origination, sale and servicing of mortgage loans, and provides liquidity for the mortgage assets originated by Wells Fargo. All quantitative modeling related to market and interest rate risk on the bank’s mortgage products is concentrated in the Mortgage Modeling Center of Excellence. This group does not only support the consumer banking mortgage activities, but also the bank’s trading activities and investment portfolio positions in mortgage products.
4+ years of experience in an advanced scientific or mathematical field
A master's degree or higher in a quantitative field such as mathematics, statistics, engineering, physics, economics, or computer science
3+ years of Java experience
Other Desired Qualifications
Preferred educational background to include a BS in Computer Science
Self-motivated and proactive attitude to problem solving and learning
Strong design, coding, testing and debugging skills
Expert knowledge in core Java and unit testing
Experience in widely used Java technologies/frameworks/libraries, for example, Spring/Hadoop/Kubernetes
Versed in software engineering principles (design patterns)
Experience with concurrent and asynchronous event-driven programming
Experience in software development cycle and DevOps tools
Proficiency in SQL, VBA
Intermediate ability in C++ or Python
Knowledge of Derivatives valuation
Knowledge in Mortgage analytics
Excellent verbal, written, and interpersonal communication skills
General knowledge of applied math
General knowledge of statistical methods
Ability to travel up to 5% of the time
This position requires compliance with all mortgage regulatory requirements and Wells Fargo's compliance policies related to these requirements including acceptable background check investigation results. Successful candidates must also meet ongoing regulatory requirements including additional screening and required reporting of certain incidents.
NY-New York: 100 Park Ave - New York, NY
NC-Charlotte: 401 S Tryon St - Charlotte, NC