Wells Fargo

2027 Quantitative Analytics Program Capital Markets (PhD) – Early Careers

Wells Fargo$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years in Quantitative Analytics or similar experience
  • Master's degree in relevant quantitative discipline
  • Pursuing or holding a PhD in Mathematics, Physics, or related field
  • Proficiency in languages such as Python, C++, SQL, and Java
  • Strong skills in mathematical and numerical methods
  • Excellent quantitative and analytical capabilities
  • Strong communication and business acumen.

Responsibilities

  • Develop pricing and risk models for trading desks
  • Enhance models to prevent performance issues
  • Create simulation models for trading portfolio loss forecasting
  • Establish benchmark models for production model assessment
  • Analyze and report metrics for model performance evaluation
  • Validate models using statistical techniques.

Benefits

  • Hands-on project experience
  • Mentorship from experienced professionals
  • Technical training and skill development
  • Exposure to senior leadership
  • Opportunities for career progression within the quant teams.
Full Job Description

About this role:Wells Fargo is seeking talent to join the2027 Quantitative Analytics Program Capital Markets (PhD). Learn more about the career areas and lines of business at. 

Program Overview | The Wells Fargo Quantitative Analytics Program offers PhD candidates an opportunity to apply advanced analytics, artificial intelligence, and machine learning to complex business challenges at one of the world's leading financial institutions.  

This 12-month development program combines hands-on project experience, mentorship, technical training, and exposure to senior leaders. Through two six-month rotations, you'll work alongside experienced quantitative professionals, helping develop and evaluate innovative solutions that support business strategy, risk management, and customer experience across Wells Fargo.  

You'll be expected to bring fresh perspectives, explore innovative approaches, and contribute to solutions that support Wells Fargo's strategic priorities. Along the way, you'll develop not only your technical capabilities but also the business acumen and leadership skills needed to succeed in a highly collaborative environment.  

Upon completion of the program, you'll transition into one of the quant teams aligned with your skills, interests, program experience, and business needs. #earlycareers 

You could work on high-impact projects like:  

  • Developing pricing and risk models that are used by various Wells Fargo trading desks 

  • Enhancing production models to mitigate any deterioration in model performance 

  • Developing simulation models to forecast losses for trading portfolios 

  • Developing benchmark models to assess potential limitations of production models 

  • Providing analysis and reporting of metrics utilized to assess ongoing model performance 

  • Applying statistical and quantitative techniques to validate model design, calibration, and implementation. 

 

Program dates: July 2027 - July 2028  

Program Duration: 12 months  

Program Location:Charlotte, NC  


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


Required Qualifications for Europe, Middle East & Africa only:

  • Experience in Quantitative Analytics, or equivalent demonstrated through one or a combination of the following: work experience, training, education
  • Master's degree or higher in statistics, mathematics, physics, engineering, computer science, economics, or quantitative discipline

Desired Qualifications:

  • Currently pursuing aPhD degree with an expected graduation date in December 2026-June 2027 OR graduated from a PhD program after May 2024 and are currently completing a postdoc with emphasis in Mathematics, Physics, Engineering, Statistics or related quantitative field.    

  • Excellent programing skills and use of statistical software packages such as Python, C++,SQL,and Java.

  • Experience anddemonstratedknowledge in mathematical and numerical methods including Monte Carlo methods, differential equations, linear algebra, applied probability, and statistics  

  • Strong quantitative and analytical skills, with the ability to apply data analysis, modeling, visualization, statistics, research, and generative AI to generate insights, adapt quickly, and support innovative solutions.

  • Ability to execute with urgency, apply data and software engineering skills to design, develop, and deliver scalable solutions, and drive operational excellence with strong data management and an enterprise mindset.

  • Strong communicationskills, with the ability to foster an inclusive environment and actively seek, apply, and respond to feedback in collaborative analytical settings.

  • Strong business acumen and understanding of capital markets, with a commitment to providing excellent service and supporting data-informed business outcomes.

  • Ability to act with integrity, support risk assessments, and apply risk controls to help manage risk in a disciplined, data-driven environment.
     

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

Similar Jobs

More Jobs at Wells Fargo

More Finance & Insurance Jobs

Find similar 2027 Quantitative Analytics Program Capital Markets (PhD) – Early Careers jobs: