MD, Equity Derivatives Sales Trader

Wells Fargo & Company•New York, NY

5d•$290,000 - $500,000

About The Position

Wells Fargo is seeking a Managing Director, Equity Derivative Sales Trader. This position responsible for selling Equity Derivatives to real money clients including Insurance Companies, Pension Funds, Endowments, and Asset Managers for equity derivatives as well as cross-asset products. The client-facing role will require execution, technical skills, a problem-solving approach, and the ability to combine strategic analysis with tactical idea generation. Lead the strategy and resolution of some of the most complex challenges across Securities Sales Trading Deliver solutions that are long-term, large-scale, and require vision, creativity, innovation, advanced analytical thinking and coordination of highly complex activities and resolution Advise leadership to develop objectives, plans, resources, and long-term goals for highly complex business and technical needs Act as a top subject matter expert to lead objectives, plans, specifications, resources, and long-term goals for highly complex business needs across Securities Sales Trading Serve as an expert advisor to leadership Represent the company externally in industry networking events

Requirements

10+ 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, 63, and 55 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check.
Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification
Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report 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.

Nice To Haves

Extensive experience with direct equity derivatives - listed & OTC options, ETF's, cash equities, and swaps.
Significant experience in all aspects of the sales process from product development to execution.
High level of understanding option theory.
Experience selling to Insurance companies, Pension funds, Endowments, and Asset Managers while also developing new growth opportunities and leveraging their contact network to understand client needs.
Instrumental in developing bespoke funded equity derivative solutions.
Team-oriented mindset and work in close partnership with the various businesses in the Equities division.
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

Lead the strategy and resolution of some of the most complex challenges across Securities Sales Trading
Deliver solutions that are long-term, large-scale, and require vision, creativity, innovation, advanced analytical thinking and coordination of highly complex activities and resolution
Advise leadership to develop objectives, plans, resources, and long-term goals for highly complex business and technical needs
Act as a top subject matter expert to lead objectives, plans, specifications, resources, and long-term goals for highly complex business needs across Securities Sales Trading
Serve as an expert advisor to leadership
Represent the company externally in industry networking events