Executive Director, Equity Derivative Flow Sales Trader

Wells Fargo Bank•New York, NY

4d•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. Wells Fargo is seeking an Equity Derivative Flow Sales Trader in Wells Fargo Securities. The group is a flow derivative sales team catering to hedge funds, asset managers, and mutual funds in all things equity derivatives (options/swaps/variance/light exotics).

Requirements

7+ years of Securities Sales Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Registration for FINRA Series 7 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 63 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 57 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Must successfully complete and pass a background check prior to hire.
Must meet and comply with ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.
Must meet Dodd-Frank Background Screening Requirements, including successful completion and clearing of a background screen.
Must meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Nice To Haves

10+ years direct equity derivatives experience - listed & OTC options, ETF's, cash equities and swaps.
10+ years experience in all aspects of the sales process from product development to execution.
High level of understanding option theory.
Team-oriented mindset.
Energetic self-starter who is detail oriented while possessing excellent communication and presentation skills.
Demonstrates a sense of personal accountability and urgency for achieving results.

Responsibilities

Originate, grow, and retain a client franchise that would be additive to Wells Fargo’s existing portfolio.
Build, maintain, and expand trusted partnerships with sophisticated hedge funds and asset management clients.
Deliver product presentations.
Deal with Hedge funds/mutual funds.
Develop new growth opportunities.
Develop bespoke funded equity derivative solutions.
Work in close partnership with the various businesses in the Equities division.