Senior Retail Equities Trader
About The Position
Wells Fargo is seeking a Senior Retail Equities Trader within Wealth and Investment Management. In this role, you will develop an in-depth understanding of internal order entry platforms, order routing systems, execution venues, and other sources of equity and ETF order flow. You will execute equity and ETF orders from financial advisors, internal/external money managers, and self-directed retail clients, managing client orders efficiently while ensuring best execution and compliance with regulatory requirements. You will also support financial advisors and internal client service teams with market insights, trading strategies, and execution solutions. Additionally, you will contribute to the development of desk policies and procedures, ensuring consistent understanding across trading desk personnel. You will review and analyze trading-related technology issues and other potential risk events, including communication and escalation to trading desk leadership, and utilize data analytics to drive system enhancements and efficiencies. Collaboration and consultation with trading desk colleagues, trading desk managers, and other internal partners are key aspects of this role.
Requirements
- 4+ years of Retail Equities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Successfully completed FINRA Series 7, Series 63, and Series 57 exams (or FINRA recognized equivalents) to qualify for immediate registration
- Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position.
- Additional requirements include meeting enhanced financial fitness and criminal background standards.
Nice To Haves
- Extensive equity trading experience, some options trading preferred
- In-depth understanding of trading desk operations, order management platforms, market data systems, and U.S. equity markets
- Knowledge of current regulatory and market structure changes and proposals
- Experience collaborating with financial advisors or other investment professionals
- Strong analytical skills with attention to detail, accuracy, and multi-tasking abilities
- Ability to work in a fast-paced, deadline driven environment
- Bachelor's degree, preferably in business
Responsibilities
- Develop an in-depth understanding of internal order entry platforms, order routing systems, execution venues, and other sources of equity and ETF order flow
- Execute equity and ETF orders from financial advisors, internal/external money managers, and self-directed retail clients
- Manage client orders efficiently, ensuring best execution and compliance with regulatory requirements
- Support financial advisors and internal client service teams with market insights, trading strategies, and execution solutions
- Contribute to the development of desk policies and procedures and ensure consistent understanding across trading desk personnel
- Review and analyze trading-related technology issues and other potential risk events, including communication and escalation to trading desk leadership
- Utilize data analytics to drive system enhancements and efficiencies
- Collaborate and consult with trading desk colleagues, trading desk managers, and other internal partners
Benefits
- Wells Fargo is an equal opportunity employer.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
