Asset Backed Finance (ABF) Trading Vice President

About this role: Wells Fargo is seeking a London based Securities Trading Vice President to join the EMEA Markets SPG Trading desk. The EMEA Markets SPG Trading desk is a market maker in European Securitized products, within the broader Credit Trading platform. Wells Fargo provides financial assets and liquidity to corporate and institutional clients. Traders and Salespeople work collectively to make secondary markets in ABS, RMBS, CLOs. In this role, you will: Independently make markets in European ABS/RMBS/CLOs and work with an existing senior trader. Manage and monitor trading book risk, including any hedging strategies for interest rate, credit, and FX risk. Co-ordinate with the EMEA/US Sales teams to maintain and develop European ABF client relationships. Work with other CIB businesses to help develop and support EMEA origination/financing efforts. Work with internal stakeholders on reporting aspects of the business. Ensure compliance and operational risk controls in accordance with internal and/or regulatory standards and policies. Required Qualifications: Experience in Securities Trading, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Strong academic background. Knowledge of the technical and fundamentals affecting the markets, with a strong interest in the wider financial markets. Extensive trading experience in ABS/CLO markets. Other exposures to any other fixed income markets are beneficial. Some existing relationships with market participants and clients. High level of diligence and discipline. A track record of proven risk management and contributions to a broader team performance. Advanced knowledge of Microsoft Excel, Bloomberg and Intex. Job Expectations: This position is deemed to be a Certified Person function under the FCA and PRA Certification Regime. You must at all times remain fit and proper to perform your role, and this will be assessed on at least an annual basis. In addition to the responsibilities summarised in your job description, you are also required to comply at all times with the FCA/PRA Conduct Rules: You must act with integrity. You must act with due skill, care and diligence. You must be open and cooperative with the FCA, the PRA and other regulators. You must pay due regard to the interests of customers and treat them fairly. You must observe proper standards of market conduct. Posting End Date: 7 Apr 2025 *Job posting may come down early due to volume of applicants. We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. 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. Candidates applying to job openings posted in US: 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. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. 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. Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. 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