Head of Short-End Rates Cash Trading (Managing Director)

About this role:

Wells Fargo is seeking a Head of Short-End Rates Cash Trading to join our team at the managing director level. This position would involve managing a team of traders across US and other regions. The main focus would be to be the lead trader in the Short-End Rates Cash team with a responsibility of growing the business meaningfully in the next few years. We are looking to become a market leading business across the globe to all of our Corporate and Institutional clients. This role would involve a client strategy, a trading strategy, quant modeling guidance, technology guidance, and personnel strategy.

In this role, you will:

• Manage and develop a team of trading professionals to manage positions, risk, and profitability of the securities trading business
• Engage clients, compliance, portfolio managers, and industry leaders
• Identify and recommend opportunities to develop trading programs and procedures
• Develop and maintain relationships with securities dealers and Portfolio Managers
• Act as an organizational liaison with industry and regulatory organizations related to trading issues
• Determine appropriate strategy and actions of Wells Fargo Securities team to meet risk, compliance, and portfolio deliverables
• Interpret and develop trading architecture, trading policies and procedures for managing trades from inception to post trade analysis
• Collaborate and influence peers and risk compliance portfolio managers
• Interact directly with brokers, clients, and regulators
• Manage allocation of people and financial resources for Securities Trading
• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

• 8+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of management or leadership experience

Desired Qualifications:

• 12+ years of experience trading at a bulge bracket bank
• Consistent track record of strong PnL
• Experience running a global team and responsible for a global PnL
• Have run and been successful on numerous infrastructure projects within Rates trading space
• Management experience for 5+ years
• Strong sense of urgency and commitment as well as a strong business sense with a strategic and tactical orientation.
• 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.
• A BS/BA degree or higher in business administration, economics, finance, or related field

Job Expectations:

• Up to 10% travel
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
• 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.
• 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.

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.
$290,000.00 - $500,000.00
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.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

7 Sep 2025
* Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

Client-provided location(s): New York, NY

Job ID: WellsFargo-R-486857

Employment Type: FULL_TIME

Posted: 2025-08-29T18:12:03