Wells Fargo

Wells Fargo

Nationwide banking and financial services

Algorithmic Trading Strategist - eFX

Full-TimePosted on 8/20/2026Deadline 9/21/26
$191k - $305k/yr

+ Incentive opportunities

Senior
Master's, PhD
New York, NY, USA
In Person

About the job

Requirements
  • At least 5 years of Securities Algorithmic Trading experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • At least 5 years of experience in electronic trading, quantitative strategy, quantitative research, or algorithmic trading.
  • A strong understanding of foreign exchange markets, market microstructure, liquidity dynamics, and electronic execution.
  • Experience working on electronic foreign exchange trading desks, market-making systems, or algorithmic execution platforms.
  • Demonstrated experience developing pricing models, hedging frameworks, market-making models, execution algorithms, or systematic trading strategies.
  • A deep understanding of pricing, skew management, inventory management, hedging, and liquidity provision.
  • Strong software engineering skills with experience building and supporting production trading systems.
  • The ability to translate quantitative research into scalable, maintainable software solutions.
  • Strong programming skills in Python, Java, and KDB/Q.
  • Experience with software development best practices, including testing, source control, code review, and production support.
  • Experience developing statistical models, forecasting models, or machine learning techniques within financial markets.
  • Experience with quantitative model governance, validation, and model lifecycle management.
  • Familiarity with low-latency architectures and modern research and backtesting frameworks.
  • The ability to balance quantitative rigor, engineering excellence, and commercial objectives.
  • Candidates must successfully complete and pass a FINRA background check before hire and comply with ongoing regulatory obligations.
Responsibilities
  • Develop and enhance quantitative models for electronic foreign exchange pricing, skewing, execution, and risk management.
  • Design and optimize hedging, inventory management, and market-making strategies across a range of market conditions.
  • Research and implement alpha signals, predictive models, and systematic trading strategies.
  • Design, backtest, and deploy execution algorithms and trading models in production environments.
  • Partner directly with traders to evaluate model performance and translate market insights into trading logic.
  • Build simulation, backtesting, and performance attribution frameworks to support strategy development.
  • Design, develop, test, and maintain production-quality software supporting pricing, trading, and risk management functions.
  • Collaborate with technology teams to deliver scalable, resilient, and maintainable trading systems.
  • Partner with Model Risk Management and model review teams throughout the model lifecycle, including development, validation, documentation, monitoring, and remediation.
  • Support internal governance, model reviews, and regulatory examinations related to production trading models.
  • Drive initiatives from concept through implementation, deployment, and ongoing support.
  • Provide information to the Wells Fargo Personal Account Dealing Team and comply with applicable outside-activity and personal-investing policies.

About the company

Wells Fargo provides banking, investment, and payment services to individuals, businesses, and institutions. Its products include checking and savings accounts, loans, credit cards, wealth management, and payments, accessible through branches, online and mobile platforms, and full payment rails. The company combines a wide national footprint with a long history and a business model that integrates banking, investment, and payments, supported by a large network of branches and ATMs. Its goal is to help customers manage money, grow wealth, and move funds safely and reliably.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

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Simplify Jobs

Simplify's Take

What believers are saying

  • June 2025 asset-cap removal and September 2026 prime-rate hike improve lending flexibility and NII.
  • Bloomberg reported August 27, 2026 adviser recruiting added $17 billion in assets this year.
  • September 22, 2026 Get Money Ready broadens low-cost customer acquisition and financial engagement.

What critics are saying

  • September 17, 2026 layoffs in West Des Moines show AI still shrinks headcount.
  • CFPB remediation and OCC oversight continue draining management time and capital through 2026.
  • A major controls failure would reopen growth restrictions and cap Wells Fargo's franchise recovery.

What makes Wells Fargo unique

  • Wells Fargo combines national consumer banking, commercial banking, and wealth under one franchise.
  • Its 2026 tokenized deposits launch targets corporate payments, differentiating through regulated blockchain settlement.
  • Advisor Gateway and independent-adviser recruitment deepen wealth distribution after five years of rebuilding.

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Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Commuter Benefits

Adoption Assistance

Company News

Yahoo Finance
Sep 22nd, 2026
Fed hikes rates to 3.75-4%, boosting Wells Fargo's NII outlook amid higher loan yields

The Federal Reserve raised interest rates by 25 basis points to 3.75–4% on 16 September 2026, its first increase since July 2023. The move could support Wells Fargo's net interest income (NII), as higher rates typically allow banks to earn greater yields on loans and interest-earning assets. Wells Fargo's NII rose 5.2% year-over-year in the first half of 2026, driven by lower deposit costs and stronger loan balances. The Fed's removal of the bank's asset cap in June 2025 has given Wells Fargo additional flexibility to expand lending. However, higher deposit costs and potential credit demand weakness may limit gains. Wells Fargo expects 2026 NII of $50 billion.

Salem Radio Network
Sep 22nd, 2026
Snorkel AI raises $350M at $3.5B valuation as complex training data demand surges

Snorkel AI has raised $350 million at a $3.5 billion valuation, nearly triple its $1.3 billion valuation from May 2023. The San Francisco-based data startup's annualized revenue has surged to $350 million from roughly $20 million a year earlier, driven by its data-as-a-service business launched in September 2023. Founded in 2019 by Stanford AI lab researchers, Snorkel shifted from selling software to supplying finished datasets and reinforcement-learning environments for AI training. The company uses an "agentic data development platform" combining human experts with specialised AI models to create and verify training data across fields including coding, law and medicine. Led by Insight Partners and S32, the funding round included Addition, Greylock and Wells Fargo. Snorkel will use the capital to hire researchers and engineers whilst expanding enterprise and government operations. The company expects to reach profitability this year.

Benzinga
Sep 21st, 2026
Form Energy closes $270M credit facility to scale iron-air battery production

Form Energy has closed a $270 million credit facility to support its energy storage technology development. The facility comprises a revolving credit facility and a tax credit advance facility linked to Section 45X Advanced Manufacturing Production Credit. An accordion feature allows the facility to expand to $1 billion. Barclays served as sole structuring bank, with Citi, Jefferies, JPMorgan Chase, RBC Capital Markets, Societe Generale, Stifel, and Wells Fargo participating in the lending syndicate. The financing follows Form Energy's $750 million Series G funding round in August, bringing total equity raised to over $2 billion. Proceeds will fund manufacturing scale-up and working capital as the company produces iron-air battery systems at its Weirton, West Virginia facility.

MarketScreener
Sep 17th, 2026
Janus Living Announces Closing of Upsized $1.25 Billion Revolving Credit Facility

Janus Living, Inc. , a pure-play senior housing real estate investment trust , announced today that it has closed on the upsize of its $1.25 billion unsecured revolving credit facility. The credit...

MarketScreener
Sep 17th, 2026
Agree Realty Announces Pricing of $400 Million of 5.650% Senior Unsecured Notes Due 2036

Inclusive of Prior Hedging Activity, the All-In Interest Rate of the Notes is 5.36% ...

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