Vice President, Quantitative Investment Strategies (QIS) Trader

Wells Fargo•New York, NY

2d•Onsite

About The Position

Wells Fargo is seeking a Vice President, Quantitative Investment Strategies (QIS) Trader within Structured Equity Derivatives in Corporate & Investment Banking/Markets Division. This role involves trading, pricing, hedging, and risk-managing Quantitative Investment Strategies (QIS) and QIS-linked structured equity derivatives. The position will work across a broad range of QIS and index-linked products, including volatility-control strategies, risk-premia strategies, trend following strategies, algorithmic and rules-based indices, and structured notes linked to systematic strategies. A key responsibility will be to build out QIS-linked structured note issuance, including autocallables and other exotic payouts. The role also supports new QIS product development by assessing pricing, hedge feasibility, lifecycle risk, and stress behavior. Additionally, the position involves developing and maintaining Python-based tools for pricing, risk management, scenario analysis, index simulation, and workflow automation, and contributing to enhancements in models, hedging approaches, trading systems, and desk workflow processes related to QIS products. The role requires interfacing with internal partners such as Structuring, Sales, Quantitative Research, Technology, Operations, Compliance, and Documentation, and providing guidance and mentorship to junior traders and analysts on QIS products and risk.

Requirements

5+ 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 SIE must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 7 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 57 must be completed within 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
Registration for FINRA Series 63 must be completed within 180 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. Candidates must successfully complete and pass a background check prior to hire.
In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
This position is subject to Dodd-Frank Background Screening Requirements, including successful completion and clearing of a background screen.
Applicants are subject to a new screen to comply with Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act which states that Associated Persons (AP) cannot be subject to statutory disqualification.
Under industry regulations, an AP is defined as a team member who solicits or accepts client orders for swaps.
Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Nice To Haves

BS or MS degree in Mathematics, Engineering, Computer Science, or a related quantitative field
2+ years of front‑office QIS trading experience
4+ years of derivatives front-office experience
Expertise in rebalancing mechanics, path‑dependent risk, and systematic strategy behavior
Strong understanding of best practices for reducing operational risk of trading and risk managing QIS
Experience working closely with sales and structuring teams in a client‑driven environment
Deep understanding of equity derivatives markets and structured products
Proficiency with Python programming applied to trading, pricing, or risk management
Ability to work independently in a fast‑paced trading environment while maintaining strong risk discipline and attention to detail

Responsibilities

Trade, price, hedge, and risk‑manage Quantitative Investment Strategies (QIS) and QIS‑linked structured equity derivatives
Work across a broad range of QIS and index‑linked products, including volatility‑control strategies, risk‑premia strategies, trend following strategies, algorithmic and rules‑based indices, and structured notes linked to systematic strategies.
Build out QIS‑linked structured note issuance - including autocallables and other exotic payouts.
Support new QIS product development by assessing pricing, hedge feasibility, lifecycle risk, and stress behavior
Develop and maintain Python‑based tools for pricing, risk management, scenario analysis, index simulation, and workflow automation
Contribute to enhancements in models, hedging approaches, trading systems, and desk workflow processes related to QIS products
Interface with internal partners, including Structuring, Sales, Quantitative Research, Technology, Operations, Compliance, and Documentation
Provide guidance and mentorship to junior traders and analysts on QIS products and risk