Managing Director, Front Office Markets Model Oversight Director

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

 

Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Rates, Equities, Foreign Exchange, Municipal Products Group, Credit Sales & Trading.

About this role:

The Model Oversight Director is a Managing Director level role within the Corporate & Investment Banking organization (CIB). The successful candidate will lead a model governance team and provide direction on all aspects of model policy and governance across all asset classes. The candidate will be responsible to coordinate timely completion of model maintenance requirements between model owners, developers, and other relevant stakeholders, and represent Front Office in interactions with second line functions such as model risk management, model audit, etc..

In this role, you will:

• Ensure proper and timely maintenance of Front Office models including pricing models, market data model, PnL models, and risk models.

• Review the model governance framework and identify improvements to achieve a more efficient model approval process.

• Collaborate with relevant stakeholders to obtain agreement on model governance improvements and oversee their implementation

• Communicate with model owners, model developers, and other stakeholders regarding model policy changes and requirements

• Represent Front Office in model governance-related discussions with second line functions such as MRM and audit.

• Collaborate with asset class quant and Technology teams to ensure adequate testing of model code

• Review internal policy and procedures around data management in connection with model governance

 

Required Qualifications:

• 8+ years of Securities Quantitative Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of management or leadership experience

Desired Qualifications:

• 8+ years demonstrated experience in front office model oversight management
• 5+ years of experience in model governance of front office pricing models across multiple asset classes
• 5+ years of experience in model validation of front office and risk models
• 5+ years of model development experience for front office or Risk applications.
• 4+ years of management experience at the relevant level with direct reports responsible for annual reviews, employee production, staffing and recruitment
• Excellent understanding of quantitative modeling in several asset classes.
• Solid experience with risk modeling: VaR, PFE, backtesting, Capital calculations.
• Excellent verbal, written, and interpersonal communication skills with the ability to effectively communicate complex technical concepts to both technical and non-technical
• audiences
• Ability to effectively interact with senior Front Office quants and Traders
• Demonstrated ability to recruit, lead, mentor, and manage a team of quantitative analysts.
• Ability to drive change in large organizations
• Master's or higher degree or equivalent in computer science, computational finance, mathematics or similar technical fields.

Job Expectations:

• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$250,000.00 - $420,000.00

Posting End Date:

8 Mar 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.