Structured Equity Derivatives Trader - Associate

Wells Fargo Bank•New York, NY

2d•$143,000 - $224,000•Onsite

About The Position

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo. Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Rates, Equities, Foreign Exchange, Municipal Products Group, Credit Sales & Trading. About this role: Wells Fargo is seeking a Structured Equity Derivatives Trader who will model, quote, trade, and risk-manage complex exotic/structured equity derivatives and QIS strategies. Learn more about Wells Fargo’s Corporate and Investment Banking group and career areas at wellsfargojobs.com . In this role, you will: Model, quote, trade, and risk-manage complex exotic/structured equity derivatives and QIS strategies Work with derivative and QIS products including autocallables, cliquets, barriers and digitals, baskets, rainbows, synthetic converts, volatility control and algorithmic index derivatives, and risk premia strategies Support senior traders by executing derivatives hedging transactions, pricing new transactions, managing secondary market trades, and helping improve modeling, hedging, systems, and workflow processes Develop and maintain Python and VBA code, along with Excel-based pricing and risk management tools, to enhance and automate the desk’s workflow Interface with internal partners including Structuring, Sales, Quants, Technology, Operations, Compliance, and Documentation

Requirements

2+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire if it is not available for transfer upon hire. FINRA-recognized equivalents will be accepted.
Registration for FINRA Series 7 must be completed within 90 days of hire if it is not available for transfer upon hire. FINRA-recognized equivalents will be accepted.
Registration for FINRA Series 57 must be completed within 90 days of hire if it is not available for transfer upon hire. FINRA-recognized equivalents will be accepted.
This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire.
Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of 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

BS or MS degree in Engineering or Mathematics
Experience trading structured/exotic derivatives and QIS products
Proficiency and comfort with Python programming
Ability to take initiative in a fast‑paced environment while maintaining strong attention to detail and delivering high‑quality analytical and problem‑solving work
Excellent verbal, written, and interpersonal communication skills
Experience working collaboratively in a team environment
Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills

Responsibilities

Model, quote, trade, and risk-manage complex exotic/structured equity derivatives and QIS strategies
Work with derivative and QIS products including autocallables, cliquets, barriers and digitals, baskets, rainbows, synthetic converts, volatility control and algorithmic index derivatives, and risk premia strategies
Support senior traders by executing derivatives hedging transactions, pricing new transactions, managing secondary market trades, and helping improve modeling, hedging, systems, and workflow processes
Develop and maintain Python and VBA code, along with Excel-based pricing and risk management tools, to enhance and automate the desk’s workflow
Interface with internal partners including Structuring, Sales, Quants, Technology, Operations, Compliance, and Documentation