Corporate Finance Derivatives Analyst

  • Full-time

Company Description

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet, and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Job Description

The Corporate Finance Group works with coverage and product partners in IBCM to provide strategic and tactical advice to medium and large-cap clients on a wide range of topics, including capital structure and hedging.

The NY-based position is part of a new unit dedicated to building and applying quantitative models to provide Wells Fargo Securities'''''''' corporate clients with strategic and tactical derivative hedging solutions. The analyst will execute advisory projects using existing VBA and Matlab based models. These models will be used to execute a wide variety of live projects which include but are not limited to the following:

• fixed/float mix

• swap portfolio optimization

• debt portfolio stress testing

• financial statement simulation

• asset/liability management.

The models support evaluating the impact of underlying exposures, funding and hedging strategies on corporate finance metrics such as cash flow, EPS volatility, and ratings. The analysis assists the bank’s derivative sales, debt capital markets and investment banking teams in enhancing client relationships and winning transactions. Projects will include interest rate derivatives, FX, commodities and equities.

Qualifications

Basic:
1+ years capital markets industry experience or 2+ years financial services industry experience

Minimum:
Undergraduate degree in engineering, math, physics, computer science or the equivalent

Expertise in programming with VBA and Matlab or the equivalent

Knowledge of fixed income and derivatives mathematics, optimization techniques, and Monte Carlo simulation

Strong communication skills

Great attention to detail and the ability to work under strict time pressure

Preferred:
Progress towards a CFA or knowledge of corporate finance a plus

Master’s degree in financial engineering, mathematics, computer science, physics or the equivalent

Additional Information

Salary: $60,000 - $116,100 USD

Bonus: NA

Relocation : No

Travel: NA

Additional Benefit Information:
Full Benefits Package -  401K

DISCLAIMER:  The above statements are intended to describe the general nature and level of work being performed by individuals in, or assigned to, the above position and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required, and may be changed at the discretion of the Company.

 

Job Location -  New York, NY