Executive Director, eRates Algorithmic Trading Strategist
About This Role
Wells Fargo is seeking an eRates Algorithmic Trading Strategist to help drive the build-out of client-focused, data-driven trading strategies for electronic Rates trading. This is a high-growth opportunity to shape how algorithms, data, client behavior, and pricing analytics drive business outcomes in a rapidly evolving Macro trading franchise. The successful candidate will work closely with modeling quants, systematic and voice trading desks, and E-Trading technology teams to translate strategic ideas into scalable, production-ready solutions. The role centers on pricing research, data analytics, client optimization, price differentiation, client alpha generation, and embedding data as a commercial growth lever.
Key Responsibilities
- Implement a client-centric algorithmic data strategy for eRates, with a focus on execution optimization, price differentiation, and systematic liquidity provisioning.
- Partner with modeling strats/quants to design and implement client-centric pricing and execution strategies, leveraging market microstructure and behavioral analytics.
- Help drive the algo data strategy for eRates, focusing on client optimization, execution quality, and systematic liquidity provisioning.
- Work closely with curve modeling quants and non-eTrading stakeholders to align how data is utilized across pricing, risk, and client engagement workflows.
- Research and prototype client optimization methods, client alpha signals, and differentiated pricing frameworks.
- Collaborate closely with technology partners to translate client optimization ideas into scalable, low-latency solutions—ensuring data-driven strategies are effectively implemented and integrated into the trading infrastructure.
- Maintain and enhance libraries of research, analytics, signals, reports, trading dashboards, simulation tools, and performance diagnostics.
- Produce actionable insights and visualizations for trading, sales, and senior stakeholders.
- Champion the use of data as a strategic asset—integral to business growth, client engagement, and revenue generation.
Required Qualifications
- 7+ years of Securities Algorithmic Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications
- Minimum 7 years of experience in quantitative analytics or algorithmic trading, with a strong focus on client execution and optimization.
- Proven ability to design and deploy client-focused execution strategies within low-latency trading environments.
- Proven track record in Rates electronic trading with a strong emphasis on leveraging market microstructure and client data to drive execution quality, price differentiation, and alpha generation.
- Master's degree or higher in Financial Engineering or a related quantitative discipline (e.g., Mathematics, Physics, Computer Science, Engineering).
- Deep understanding of trading signal generation, client-driven alpha discovery, and backtesting frameworks—including techniques for extracting insights from noisy, high-volume data to improve pricing and execution.
- Experience applying client optimization learning techniques, including behavioral modeling, adaptive pricing, and execution feedback loops.
- Familiarity with PnL attribution frameworks to assess strategy performance and client impact.
- Strong programming skills in Python (Pandas, NumPy, SciPy, Scikit-learn), KDB/Q (PyKx, embedpy), and Java/Groovy for low-latency infrastructure.
- Ability to collaborate across trading, quant, and technology teams to deliver scalable, production-grade solutions.
- Excellent communication skills with a track record of translating complex analytics into actionable business insights.
Pay
$215,000.00 - $355,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, including:
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement