Jobs and Careers

Executive Director Credit Portfolio & Optimization Securities Trader

110832-NY-30 Hudson Yards, New York, United States, United Statesfull_timeVerifiedPosted 20 Mar 2025

💰 $359,900/yr($173,300/yr – $359,900/yr)

About the role

About this role:

Wells Fargo is seeking an Executive Director, Senior Lead Securities Trader to join our Credit Portfolio Trading and Optimization (CPTO) group within Corporate & Investment Banking.

The Executive Director role is a senior trading role with a focus on optimizing the Loan Portfolio, developing and setting strategy for the franchise, recruitment and development of talent. This candidate key responsibilities are trading, pricing and risk managing CPTO positions for Wells Fargo’s loan book. The role involves a high degree of partnership across the platform to provide risk management solutions.

In this role, you will:

Provides hedging and other risk and financial resources optimization solutions to a variety of counterparties including corporates, financial institutions, finance companies, insurers and asset managers (real and smart money and private capital).
Works closely with the CIB Banking Capital Optimization and Returns function to identify and execute capital efficient solutions for the target loan portfolio within credit and market risk limits. Manages the relevant book’s risk exposures over time.
Ongoing interaction with the internal control functions and strong involvement with the approval process from the business standpoint.
Supporting the build out of the relevant infrastructure for the booking of transactions, on-going management and monitoring.
Responsibility for independently (or as part of a team) working with market liquidity providers and/or handling transactions. Individuals at this level have a strong knowledge of the marketplace & account base and must develop an understanding of the broader firm’s products and services offerings.

Required Qualifications:

7+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

7+ years of experience in capital markets, industry experience within the specific sector of the position, or a combination of both
Bachelor’s degree in business or related field
Strong understanding of modelling and trading
Effective organizational, multi-tasking, and prioritizing skills
Strong analytical and quantitative skills with high attention to detail
Leadership experience, either formal or informal
Familiarity with Bloomberg terminal
Experience in VBA or other scripting language

Job Expectations:

This position follows in office expectations
This position is not eligible for Visa sponsorship
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$173,300.00 - $359,900.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.