Associate, Structured Products Group (SPG) Trading
About The Position
Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of 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, Macro, Equities, Municipal Products Group, Credit Sales & Trading. About this role: Wells Fargo is seeking an Associate, Structured Products Groups (SPG) Trading. Learn more about the career areas and business divisions at wellsfargojobs.com.
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 Securities Industry Essentials (SIE) exam must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
- Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
- Registration for FINRA Series 7 (or 79) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
- Registration for FINRA Series 52 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
- Candidates must successfully complete and pass a background check prior to hire.
- In accordance with FINRA rules, individuals who areat 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.
Nice To Haves
- Experience working with and supporting Trading Desks
- Ability to multitask, perform under pressure and meet tight deadlines while having a strong attention to detail
- Strong written and oral communications skills, a desire and ability to build strong relationships with internal and external partners, and willingness to travel to visit with issuing and investing clients
- Strong analytical skills and an understanding of all SPG products
- Excellent Microsoft Office skills (Outlook, Word, Excel, PowerPoint)
- A BS/BA degree or higher in business administration, economics, finance, or related field
Responsibilities
- Participate in Trader daily activities, executing trades, supporting client accounts, and identify opportunity for researching and correcting trade, risk and compliance issues within Wells Fargo Securities
- Review and maintain basic credit and prospectus files, manage phone traffic, complete trade tickets, update daily offering sheets, and exercise independent judgment to guide research and corrections
- Review security trading and documentation for regulatory compliance
- Report new and innovative products via market trends
- Present recommendations for resolving customer requests, provide a quick overview of buyers and sellers information, and exercise independent judgment while developing expertise in the operations and trading function
- Collaborate and consult with peers, traders, risk, compliance, and manager, including internal and external customers
Benefits
- Wells Fargo is an equal opportunity employer.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
