Associate, Structured Equity Derivatives Trader

Wells Fargo & Company•New York, NY

5d•$143,000 - $224,000•Onsite

About The Position

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe. 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: Wells Fargo is seeking an Associate, Structured Equity Derivatives Trader in Corporate & Investment Banking as part of Markets. Learn more about the career areas and business divisions at wellsfargojobs.com. In this role, you will: Model, quote, trade, and risk‑manage complex exotic and structured equity derivatives, along with quantitative investment strategies (QIS). Work across a broad range of derivative and QIS products, including autocallables, cliquets, barriers/digitals, baskets, rainbows, synthetic converts, volatility‑control and algorithmic-index derivatives, and risk‑premia strategies Support senior traders by executing hedging transactions, pricing new deals, managing secondary market risk, and contributing to enhancements in models, hedging approaches, trading systems, and workflow processes Develop and maintain Python and VBA code, along with Excel-based pricing and risk management tools, to enhance and automate the desk’s workflow Interface with internal partners, including Structuring, Sales, Quants, Technology, Operations, Compliance, and Documentation

Requirements

2+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
Registration for FINRA Series 7 must be completed within 90 days of hire if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
Registration for FINRA Series 57 must be completed within 90 days of hire if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
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.

Nice To Haves

BS or MS degree in Engineering or Mathematics
Experience trading structured/exotic derivatives and QIS products
Proficiency and comfort with Python programming
Ability to take initiative in a fast‑paced environment while maintaining strong attention to detail and delivering high‑quality analytical and problem‑solving work
Excellent verbal, written, and interpersonal communication skills
Experience working collaboratively in a team environment
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

Responsibilities

Model, quote, trade, and risk‑manage complex exotic and structured equity derivatives, along with quantitative investment strategies (QIS).
Work across a broad range of derivative and QIS products, including autocallables, cliquets, barriers/digitals, baskets, rainbows, synthetic converts, volatility‑control and algorithmic-index derivatives, and risk‑premia strategies
Support senior traders by executing hedging transactions, pricing new deals, managing secondary market risk, and contributing to enhancements in models, hedging approaches, trading systems, and workflow processes
Develop and maintain Python and VBA code, along with Excel-based pricing and risk management tools, to enhance and automate the desk’s workflow
Interface with internal partners, including Structuring, Sales, Quants, Technology, Operations, Compliance, and Documentation