Retail Equities Trader

Wells Fargo Bank • St Louis, MO

3d • Onsite

About The Position

Wells Fargo is hiring a Retail Equities Trader focused on high-touch equity trading within Wealth and Investment Management. The role involves working with internal order-entry and routing platforms, execution venues, and other sources of equity order flow. The trader executes equity and option orders for financial advisors, internal and external money managers, and self-directed retail clients, while managing orders efficiently and meeting best-execution and regulatory requirements.

The position also supports monitoring and oversight of equity order flow, reviews trading-related technology issues and potential risk events, and communicates or escalates issues to trading desk leadership. The trader uses data analytics to identify system enhancements and efficiencies and collaborates with colleagues, managers, and internal partners. Registration for FINRA Series 57, or a recognized equivalent, must be completed within 90 days of hire if it is not transferable at hire. Appropriate FINRA licenses must be obtained and maintained for ongoing employment. The position is not eligible for visa sponsorship, and relocation assistance is not available.

Requirements

• At least 2 years of trading or customer service experience, or equivalent demonstrated through work experience, training, military experience, or education.
• Successfully completed FINRA Series 7 and Series 63, or FINRA-recognized equivalents, to qualify for immediate registration.
• Ability to obtain and maintain appropriate FINRA license(s) for ongoing employment.
• Meet applicable background screening and enhanced financial fitness and criminal background standards.

Nice To Haves

• FINRA Series 57, or a FINRA-recognized equivalent.
• Bachelor’s degree, preferably in business.
• Equity trading experience.
• Knowledge of trading desk operations, order management platforms, market data systems, and U.S. equity markets.
• Experience with MS Office applications (Teams, Outlook, Word, Excel, and PowerPoint) and Copilot.
• Experience collaborating with financial advisors or other investment professionals.
• Strong analytical skills, attention to detail and accuracy, and ability to multitask.
• Ability to work in a fast-paced, deadline-driven environment.

Responsibilities

• Develop an in-depth understanding of internal order-entry platforms, order-routing systems, execution venues, and other sources of equity order flow.
• Execute equity and option orders for financial advisors, internal and external money managers, and self-directed retail clients.
• Manage client orders efficiently while ensuring best execution and compliance with regulatory requirements.
• Assist the electronic order desk with monitoring and oversight activities related to equity order flow.
• Review and analyze trading-related technology issues and potential risk events, communicating and escalating them to trading desk leadership as appropriate.
• Use data analytics to drive system enhancements and efficiencies.
• Collaborate and consult with trading desk colleagues, trading desk managers, and other internal partners.
• Complete FINRA Series 57 registration, or a recognized equivalent, within 90 days of hire if it is not transferable upon hire.
• Obtain and maintain appropriate FINRA licenses and comply with applicable ongoing regulatory requirements.

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed