28 days old

Java Developer - Capital Markets

Charlotte, NC 28202
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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 when 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. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll 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 Technology sets IT strategy; enhances the design, development, and operations of our systems; optimizes the Wells Fargo infrastructure footprint; provides information security; and enables continuous banking access through in-store, online, ATM, and other channels to Wells Fargos more than 70 million global customers.

This position is for a Java software developer concentrating on the pricing model aspects in the pricing model components described in the software stack below.

Area of Job Within the Company

The role is within the Quantitative Analytics team of the broader Capital Markets Risk Technology (CMRT) group. CMRT works with its business partners to identify, measure, aggregate and report firm-wide market risk. The Quantitative Analytics team is specifically responsible for building, enhancing, and maintaining the core risk analytics used for calculation of firm-wide market risk.

Software Stack

The core risk analytics software built and maintained by this group utilizes core Java, SQL Server, Autosys, IBM Platform Symphony, and Coherence and consists of the following:

A framework to integrate pricing models for valuing a broad spectrum of assets (equities, fixed income, commodities, foreign exchange, structured products) and their associated derivatives Models to perform the valuations - Some models are built in-house, some are integrated 3rd party libraries, and some are integrated as calls to trading/valuation systems Stress scenarios and stress testing framework to support internal stress testing and Comprehensive Capital Analysis and Review (CCAR) Historical simulation engine to calculate Greeks, sensitivities, and simulated P&L vectors A high performance distributed computation grid and in-memory cache

Candidates applying for this position should be prepared to work in this software environment with the following expectations:

Perform in the high level technical and analytics role as an individual contributor developing software for the various risk analytics processes Work with font office technology partners to implement solutions to calculate market risk for many different products, including CMBS, ABS, RMBS, Bonds, Equity, FX and Commodities Support portfolio stress testing and CCAR (Comprehensive Capital Analysis and Review) exercise Work directly with business analysts, Market Risk Officers, and Quantitative Risk Analytics group (Quants) to understand requirements Read and understand business specifications and create functional specifications from them Create thorough designs - taking care to assure that designs integrate well into existing architecture Write high quality code in the Java language using object oriented principals and design patterns as appropriate Create/modify SQL Server database objects (tables, views, stored procedures, etc.) as needed Perform high quality thorough unit testing and documentation of development activities Work on complex problems where analysis of situations and/or data requires a solid grasp of both computing and business/risk domains Work with large data sets requiring extreme attention to computational efficiency, parallelism, and scalability Assure quality, maintainability, and extensibility for supported systems and risk applicationsRequired Qualifications

5+ years of application development experience3+ years of securities industry experience7+ years of Java experience5+ years of Object Oriented experience5+ years of SQL experience

Desired Qualifications

Advanced experience in capital markets business and processesBasic knowledge and understanding of mathematical modelingBasic knowledge and understanding of SEC, FNRA, and international regulations for building technological solutionsKnowledge and understanding of technology platform development including large scale technology in a capital markets environmentKnowledge and understanding of risk measures and calculations ( dv01, delta, vega, gamma)Knowledge and understanding of technology development: support of complex risk and pricing modelsKnowledge and understanding of technology object oriented: analysis and design

Street Address

NC-Charlotte: 1525 W Wt Harris Blvd - Charlotte, NC


All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.



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Posted: 2020-06-13 Expires: 2020-07-13

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Java Developer - Capital Markets

Wells Fargo
Charlotte, NC 28202

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