Macro Credit Trader - MD Level

About this role :

Wells Fargo's Credit Investment Grade Trading Desk is seeking a Macro Credit Trader to trade Credit Derivatives, CDX Index and CDX Index Options.

This position is open to our Boston, New York and Charlotte, NC locations.

In this role, you will :

• Effectively manage risk positions across high grade credit within the guidelines of Well Fargo's high grade trading mandate
• Work with desk strategists and the salesforce to source and develop unique trade ideas to introduce to clients, create liquidity and drive capital efficiencies
• Create and maintain relationships with buy-side trading counterparts, internal business partners, and internal sales and trading personnel across all trading desk
• Effectively manage risk positions across high grade credit within the guidelines of Well Fargo's high grade trading mandate.
• Work with desk strategists and the salesforce to source and develop unique trade ideas to introduce to clients, create liquidity and drive capital efficiencies.
• Create and maintain relationships with buy-side trading counterparts, internal business partners, and internal sales and trading personnel across all trading desks.
• Act as a subject matter expert for business development and risk mitigation efforts utilizing Macro Credit products.

Required Qualifications :

Desired Qualifications :

Job Expectations

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.

249,500.00 - $518,300.00

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.

Posting End Date : 9 Feb 2025

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.

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.