Executive Director, Senior Swaps Trader

Wells Fargo & Company•New York, NY

20h•$275,000 - $275,000

About The Position

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 Macro trading team as a Swaps trader. 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: Be part of the Rates trading team in NY which covers IR and FX Swaps 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.

Requirements

7+ 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 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
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.

Nice To Haves

8+ years of experience in Rates trading with a proven track record of delivering strong P&L results.
Strategic and tactical business acumen with a strong sense of urgency and commitment.
Deep understanding of technological, risk, and regulatory trends impacting the Rates business.
Strong knowledge of regulatory compliance and risk management, with the ability to navigate complex frameworks.
Strong analytical skills to interpret data and drive informed decision-making for initiatives.
Demonstrated success in executing initiatives using structured project management methodologies.
Uncompromising integrity, sound judgment, and ability to maintain confidentiality in all matters.
Exceptional stakeholder management skills with the ability to lead and collaborate across functions.
Strong commercial judgment and excellent communication and influencing skills.
Comfortable working in a matrix organizational environment, fostering effective partnerships.
Proficiency in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint).
Bachelor’s degree or higher in Business Administration, Economics, Finance, or a related field.

Responsibilities

Be part of the Rates trading team in NY which covers IR and FX Swaps
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.