CIB Markets Program Analyst - FX Sponsors

Wells Fargo Bank•New York, NY

9d•$90,000 - $150,000•Onsite

About The Position

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: Wells Fargo’s Macro Group is hiring for an FX Analyst Sales position on the Corporate Rates & FX Sales Team. The role is focused on the marketing and execution of FX products, specifically in support of the risk management needs of Wells Fargo’s Financial Sponsor client base. The position is directly client-facing and core responsibilities include the pricing and booking of trades, providing market updates, post-trade follow-up and interaction with settlements groups, management of client onboarding process, idea generation, and pitch book creation. The candidate should have a technical understanding of basic FX products with a willingness to expand their knowledge to Rates products in the future. FX Sales team members partner closely with their counterparts in Rates as well as with other CIB coverage partners including Corporate Banking, Fund Finance, Leveraged Finance and Investment Banking to cohesively market the bank’s full suite of client solutions. Potential team members should be focused on building strong customer relationships while also fostering a strong risk and compliance-driven culture. Learn more about Wells Fargo’s Corporate and Investment Banking group and career areas at wellsfargojobs.com . In this role, you will: Support the daily business of client coverage, trade execution and trade support for the Financial Sponsors team Participate in the execution, booking and post-trade support of the desk’s daily trades Identify the market trends, develop market views and prepare market updates Collaborate and consult with internal partners and interact directly with clients Develop an understanding of the fundamentals of credit risk concepts Help manage the client onboarding process

Requirements

6+ months of Markets experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

A BS/BA degree or higher in business administration, economics, finance, or related field
6+ months of banking experience preferably in a sales & trading capacity
Strong interest in global macro markets
Basic understanding of FX products such as FX Forwards, Options, Swaps and Cross-Currency Swaps
Familiarity with credit risk concepts; CVA/DVA/FVA
Excellent verbal and written interpersonal communication skills
Strong quantitative and analytical skills
Attention to detail and organization
Advanced proficiency with Microsoft Excel & PowerPoint
Ability to thrive in a fast-paced team-oriented environment and work under pressure
High standard of collaboration to help attain group goals

Responsibilities

Support the daily business of client coverage, trade execution and trade support for the Financial Sponsors team
Participate in the execution, booking and post-trade support of the desk’s daily trades
Identify the market trends, develop market views and prepare market updates
Collaborate and consult with internal partners and interact directly with clients
Develop an understanding of the fundamentals of credit risk concepts
Help manage the client onboarding process