What are the responsibilities and job description for the Corporate FX Analyst position at Wells Fargo?
About this role:
Wells Fargo’s Macro Group is hiring for an FX Analyst Sales position on the Corporate Rates & FX Sales Team. The role is focused on the marketing and execution of FX products, specifically in support of the risk management needs of Wells Fargo’s Corporate client base. The position is directly client-facing and core responsibilities include management of client onboarding process, idea generation, pitch book creation, the pricing and booking of trades, providing market updates, post-trade follow-up and interaction with settlements groups.
The candidate should have a technical understanding of basic FX products not limited to FX Forwards, Options, Swaps and Cross-Currency Swaps, with a willingness to expand their knowledge to Rates products in the future. FX Sales team members partner closely with their counterparts in Rates as well as with other CIB coverage partners including Corporate Banking, Debt Capital Markets, Leveraged Finance and Investment Banking to cohesively market the bank’s full suite of client solutions. Potential team members should be focused on building strong customer relationships while also fostering a strong risk and compliance-driven culture.
In this role, you will:
- Generate ideas and prepare marketing materials
- Provide market commentary, trade structuring and pricing and execution
- Manage client onboarding process
- Interact with documentation and settlements groups
- Partner closely with their counterparts in Markets (Trading, CVA) as well as with other CIB partners (Corporate Banking, Investment Banking, Debt Capital Markets, and Leveraged Finance)
- Collaborate seamlessly across the platform
- Focus on building client relationships
- Foster a strong risk mitigating and compliance-driven culture
Required Qualifications, US:
- 6 months of Securities Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- 6 months banking experience in a sales & trading capacity
- Strong interest in global macro markets
- Excellent verbal and written interpersonal communication skills
- Strong quantitative and analytical skills
- Attention to detail and organization
- Advanced proficiency with Microsoft Excel & PowerPoint
- Ability to thrive in a fast paced team oriented environment and work under pressure
- High standard of collaboration to help attain group goals
- Familiarity with credit risk concepts; CVA/DVA/FVA
- Degree from a Four Year Accredited College or University is a minimum requirement
Job Expectations:
- Base pay range for this position in New York is 110,000.00 - 115,000.00 USD
- May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
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.
$100,800.00 - $179,200.00Benefits
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:
28 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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
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Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
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