Structured Equity Derivatives Trader - Associate

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

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

• 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

• 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. 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.

• 500 W 33rd St, New York, NY 10001

• 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