Executive Director, Rates Cash Trader

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Macro, Equities, Municipal Products Group, Credit Sales & Trading.

About this role:

Wells Fargo is seeking an Executive Director to join our Rates Cash trading team. This position would involve working with teams across regions. We are looking to become a market leading business across the globe to all of our Corporate and Institutional Clients.

In this role, you will:

• Lead the Rates cash trading initiative in NY which encompasses trading, sales relationships, and client pricing.
• Perform daily risk management duties for all aspects of the trading portfolio.  Capable of running multiple books across regions
• Exhibit strong analytical and quantitative skills.  Be able to work well under pressure and be part of a global team
• Work with the global team to dictate consistent, efficient, and timely pricing for all our clients
• Be able to build a franchise by fostering current customer relationships and onboarding new prospects.
• Help build analytical tools that improve our risk management capabilities and customer engagement.

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:

• 8+ years of Rates trading experience
• Strong sense of urgency and commitment as well as a strong business sense with a strategic and tactical orientation.
• Consistent track record of strong PnL
• In depth understanding of technological, risk and regulatory trends impacting Rates business
• Technical expertise in regulatory, compliance, and risk management issues.
• Ability to analyze data and use for decision-making and managing initiatives.
• Successful track record in systematically executing initiatives using project management disciplines.
• Highest level of integrity and good judgement and ability to maintain confidentiality.
• Strong stakeholder skills and ability to work and lead across functions.
• Strong commercial judgement, excellent communication and influencing skills.
• Comfortable working in a matrix organizational environment and partnership skills.
• Excellent Microsoft Office skills (Outlook, Word, Excel, PowerPoint)
• A BS/BA degree or higher in business administration, economics, finance, or related field

Job Expectations:

• 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.

• 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. Information will be shared about expectations during the recruitment process.

• Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

• Registration for FINRA Series 7 (or 79) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted

• Visa sponsorship is not available

• Ability to travel up to 50% of the time

Posting Locations:

• 500 West 33rd St. - New York, New York 10001

Pay Range:

New York City-Pay Range: $275,000-$275,000

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited t