Retail Fixed Income Trader

Wells Fargo•St. Louis, MO

5d•Onsite

About The Position

Wells Fargo is seeking a Fixed Income Trader to join the Retail Trading department within Wealth and Investment Management (WIM). The role focuses on Fixed Income Trading Services provided to various WIM channels. The trader supports advisors and trading operations across fixed income products and related investments, including new offerings, Treasury auctions, and market-linked investments. The role also involves reviewing trading situations, exercising independent judgment on medium-risk deliverables, and assisting more experienced traders with complex trade situations.

Requirements

At least 2 years of Retail Fixed Income Trading experience, or equivalent demonstrated through a combination of work experience, training, military experience, or education.
For ongoing employment, obtain and/or maintain appropriate FINRA licenses. Series 7 and 63, or Series 7 and 66 (or recognized equivalents), must be completed within the applicable 90- or 180-day period after employment begins if not available to transfer upon hire.
Meet applicable state registration and licensing requirements and any relevant product or SAFE licensing requirements.
Meet enhanced financial fitness and criminal background standards, including applicable FINRA background screening requirements and ongoing regulatory screening.
This position is not eligible for visa sponsorship.

Nice To Haves

Successfully completed FINRA Series 7 and Series 63, or Series 7 and Series 66 (or FINRA-recognized equivalents).
FINRA registration including Series 52 (or FINRA-recognized equivalents).
Knowledge of fixed income securities, debt instruments, market knowledge, and bonds through coursework or investment clubs.
Working knowledge of investment products, including Treasuries, Municipals, Corporate Bonds, Agencies, CDs, Structured Products, equities, and preferred securities.
Experience supporting advisors or clients in a retail brokerage or wealth management environment.
Familiarity with Bloomberg or similar fixed income trading platforms.
Proficiency with Microsoft Office products, including Word, Excel, Outlook, and PowerPoint.
Demonstrated relationship-building and collaboration skills.
Analytical capabilities, attention to detail, and organizational skills.
Bachelor’s degree in Finance, Economics, Business, Accounting, or a related field.

Responsibilities

Interact with advisors on fixed income product discovery, including newly issued fixed income products, equities, preferred securities, and market-linked investments.
Provide fixed income platform assistance.
Serve as a liaison between underwriters and the trading desk.
Coordinate the setup and maintenance of new offerings.
Provide inventory management.
Facilitate trade allocations and execution.
Track, analyze, and build reports on key business statistics and performance metrics.
Perform fixed income order reviews and execute Treasury auctions, market-linked investments, and orders against external offerings.
Review and research trading situations, and exercise independent judgment to guide medium-risk deliverables.
Assist more experienced traders with complex trade situations.
Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
Follow applicable risk programs, Wells Fargo policies and procedures, and regulatory and compliance obligations; monitor, identify, escalate, and remediate issues and make sound risk decisions.