Associate, Equity Derivatives & QIS Structuring

Wells Fargo Bank•New York, NY

23h•Onsite

About The Position

Wells Fargo is seeking a highly skilled and motivated Associate to join our Equity Derivatives and QIS Structuring team. The role spans two complementary mandates: the design, structuring, and maintenance of Quantitative Investment Strategies (“QIS”) indices, and the structuring, pricing, and execution of equity-linked structured products. The successful candidate will leverage quantitative, programming, and product expertise to build investment solutions that address diverse client needs, working closely with Sales, Trading, and partner teams to support origination.

Requirements

2+ years of Securities Sales Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

Advanced degree (e.g., M.S.) in quantitative discipline, such as financial engineering, financial mathematics.
Strong analytical and quantitative skills, including quantitative finance and coding proficiency (Python).
Ability to manage multiple priorities and work effectively in a fast-paced environment.
Strong verbal and written communication skills, work ethic, attention to detail, risk awareness, and team-oriented mentality.
Experience designing, launching, promoting, and maintaining QIS indices and/or pricing, and executing equity-linked structured products, including market-linked notes, certificates of deposit, and other derivative-based investment solutions.
Strong understanding of market structure and market behavior, with the ability to translate research insights into commercially relevant investment ideas.
Familiarity with equity volatility products, including variance swaps, dispersion, gamma, skew, and carry strategies.
Experience working across institutional and retail product distribution, including familiarity with insurance/FIA, ETF issuers, and other retail channels.
Strong understanding of product lifecycle management, including pricing, risk assessment, and performance monitoring, with the ability to work across sales, trading, quants, legal, and technology teams to bring products from concept through execution.
Autonomous, fast learner, and results driven, with a natural appetite for exploring new ideas.

Responsibilities

QIS Structuring: Research, develop, and evaluate new quantitative investment strategies and index solutions across linear and non-linear markets, leveraging derivatives, alternative data, and machine learning techniques.
Support the creation and integration of new indices in the QIS production environment, including testing systems, back-testing algorithms, preparing trade and activity approval memoranda, and presenting them in approval committees.
Build tools, using Python, to support QIS index design and contribute to the digitalization of the QIS platform in the Americas.
Partner with sales teams and clients to design customized QIS solutions for institutional and retail distribution channels, and identify new opportunities arising from market and client watch.
Prepare marketing and presentation materials and market updates, and engage with sales teams and clients to showcase capabilities and originate new business.
Monitor and analyze performance across the firm’s systematic strategy offerings, providing insights and recommendations to clients and internal stakeholders.
Equity Derivatives Structuring: Structure, price, and execute equity-linked structured products, including market-linked notes, certificates of deposit, and other derivative-based investment solutions.
Analyze derivative payoffs, risk-return profiles, funding economics, and hedging considerations associated with structured product offerings.
Generate and evaluate new product ideas, innovative payout structures, and strategic investment themes, informed by market developments, competitive trends, and client demand.
Partner with Sales and Trading teams to tailor structured product solutions to client objectives and prevailing market conditions.
Build and maintain pricing tools, analytics, and reporting infrastructure used across the structured products platform.
Support the product approval and launch process by coordinating with Origination & Execution, Legal, Compliance, Risk, Operations, and Technology teams, and review offering documentation to ensure accuracy of product terms prior to launch.