Executive Director, QIS Structuring

Wells Fargo•New York, NY

3d•$215,000 - $355,000•Onsite

About The Position

Wells Fargo is seeking an Executive Director to join its Equity Derivatives and QIS Structuring team within Corporate & Investment Bank Markets. The role designs, prices, markets, and transacts Quantitative Investment Strategies (QIS) and derivatives products. It combines quantitative, programming, and product expertise to develop investment solutions for diverse client needs and supports sales efforts through close collaboration with internal teams and clients. The position researches and develops quantitative strategies and index solutions across linear and non-linear markets, using derivatives, alternative data, and machine learning techniques. It partners with sales, trading, quantitative research, legal, compliance, and technology teams to bring strategies to market, supports institutional and retail distribution, and monitors strategy performance. The role also develops Python tools for index design and platform efficiency, maintains systematic strategies and indices, and mentors junior team members. The position is based at 30 Hudson Yards, New York, NY 10001, with up to 10% travel. The base pay range is $215,000 to $355,000, and employees may also be eligible for incentive opportunities. The role has FINRA registration and background screening requirements, including Series 7 and Series 63 registration within 180 days of hire if not transferable. Candidates must meet ongoing regulatory obligations and applicable compliance policies.

Requirements

At least 7 years of Securities Sales Trading experience, or equivalent demonstrated through work experience, training, military experience, or education.
At least 3 years of management or leadership experience.
Registration for FINRA Series 7 within 180 days of hire if not transferable upon hire; FINRA-recognized equivalents are accepted.
Registration for FINRA Series 63 within 180 days of hire if not transferable upon hire; FINRA-recognized equivalents are accepted.
Successfully complete required FINRA and Dodd-Frank background screening and comply with ongoing regulatory obligations.
Comply with applicable policies regarding outside activities or personal investing, including providing information to the Wells Fargo Personal Account Dealing Team when required.

Nice To Haves

Advanced degree, such as an M.S., in a quantitative discipline such as financial engineering, financial mathematics, statistics, or computer science.
At least 7 years of experience in quantitative investing, structuring, or trading, preferably focused on QIS or other systematic strategies, with a proven track record.
Hands-on experience applying alternative data and machine learning or statistical learning techniques to investment research and strategy development.
Strong Python proficiency for backtesting and QIS platform tool development.
Strong understanding of market structure and behavior, and ability to translate research insights into commercially relevant investments.
Experience with institutional and retail product distribution, including insurance/FIA, ETF issuers, and other retail channels.
Familiarity with equity volatility products, including variance swaps, dispersion, gamma, skew, and carry strategies.
Success creating QIS strategies that have been brought to market and actively traded.
Ability to collaborate across sales, trading, quantitative, and legal teams to take products from concept through execution.
Strong understanding of product lifecycle management, including pricing, risk assessment, and performance monitoring.
Excellent communication and presentation skills, organization, and attention to detail.
Ability to collaborate with IT on broader QIS infrastructure and platform development.

Responsibilities

Research, develop, and evaluate quantitative investment strategies and index solutions across linear and non-linear markets using derivatives, alternative data, and machine learning techniques.
Coordinate strategy implementation with sales, trading, quantitative research, legal, compliance, and technology teams to ensure accurate and efficient execution.
Partner with sales teams and clients to design customized investment solutions for institutional and retail distribution channels.
Prepare marketing and presentation materials, market updates, and performance analyses; engage sales teams and clients to showcase capabilities and originate business opportunities.
Document, maintain, and oversee systematic strategies and indices for investor use.
Build Python tools to support QIS index design and improve platform efficiency.
Mentor and develop junior team members.
Monitor and analyze performance across systematic strategy offerings and provide insights and recommendations to clients and internal stakeholders.
Collaborate with IT and stakeholders to develop QIS infrastructure, drive the technology and systems agenda, and enhance platform capabilities and operational efficiency.
Meet applicable regulatory, risk, and compliance obligations, including required FINRA registrations and screenings.