Senior Lead Fixed Income Trader

About this role:

Wells Fargo is seeking a Senior Lead Fixed Income Trader to join St. Louis team. This trader is responsible for making markets in one or more fixed income products and the execution of proprietary (principal) or agency capacity trades across product categories.

In this role, you will:

• Manage and execute complex and large transactions independently and/or contributes to the formulation of product trading strategies
• Guide traders, trading assistants and those other Capital Markets team members in support of trading activity, strategic and other operational, regulatory or risk business activities and/or may be directly responsible for complex operational, technical, regulatory, risk, unique to Capital Markets Trading
• Facilitate the execution of municipal securities on a principle basis using market and credit knowledge
• Utilize market intelligence, trend analysis and retail demand data to commit firm capital while seeking opportunities that benefit the Financial Advisor and retail clients
• Provide liquidity and municipal products that assist Financial Advisors in meeting the client’s investment objectives
• Manage inventory risk daily and ensure adherence to all firm and regulatory requirements.
• Enhance and deepen relationships with business partners through trading opportunities
• Lead the strategy and resolution of highly complex and unique trades, issues, policies or procedures which require in-depth evaluation companywide, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
• Provide vision, direction and expertise to leadership on implementing innovative and significant business solutions
• Provide subject matter expertise in policies, procedures and compliance requirements
• Strategically engage with all levels of professionals and managers across the enterprise and serve as an expert advisor to leadership

Required Qualifications:

• 7 years of Retail Fixed Income Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Successfully completed Financial Industry Regulatory Authority (FINRA) Series 7 and 63 or 7 and 66 examinations (or FINRA recognized equivalents) sufficient to qualify for immediate FINRA registration

Desired Qualifications:

• FINRA registration including Series 52 (or FINRA recognized equivalents)
• FINRA registration including Series 24 (or FINRA recognized equivalents)
• 7 years of municipal trading experience
• Bloomberg trading experience
• Demonstrated experience making decisions regarding complex trading strategies
• Experience guiding and leading junior traders
• Proficient with Microsoft Office products (Word, Excel, Outlook, and PowerPoint)
• Demonstrated professional written and verbal communication skills
• Analytical capabilities, attention to detail and organizational skills
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important

Job Expectations:

• This role requires working in the assigned office location and does not allow for remote work or hybrid schedule.
• Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. In addition state registration, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA review process at the time of offer acceptance. For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required.
• This position is not eligible for Visa sponsorship.

Posting Location:

• 1 North Jefferson Avenue - St. Louis, MO, 63103
• Required location listed above. Relocation assistance is not available for this position.

Posting End Date: 

*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.