Executive Director, Equity Derivative Flow Sales Trader

Wells Fargo•New York, NY

5d•$215,000 - $355,000•Onsite

About The Position

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). Learn more about the career areas and lines of business at wellsfargojobs.com.

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.
Candidates must successfully complete and pass a background check prior to hire.
Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
Applicants are subject to a new screen to comply with Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act which states that Associated Persons (AP) cannot be subject to statutory disqualification.
Successful candidates must also 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.
Candidate must be an individual who demonstrates a sense of personal accountability and urgency for achieving results.

Responsibilities

Proven ability to originate, grow, and retain a client franchise that would be additive to Wells Fargo’s existing portfolio, supported by deep expertise across the derivatives landscape and strong relationship management skills.
Demonstrated success in building, maintaining, and expanding trusted partnerships with sophisticated hedge funds and asset management clients.
Delivering product presentations, dealing with Hedge funds/mutual funds and developing new growth opportunities.
Developing bespoke funded equity derivative solutions.
Working in close partnership with the various businesses in the Equities division.