Retail Fixed Income Trader

About this role:

Wells Fargo is seeking a Fixed Income Trader to join the Retail Trading department within Wealth and Investment Management (WIM). Learn more about the career areas and lines of business at.

This trader is focused on WIM Fixed Income Trading Services provided to various WIM channels.

In this role you will:

• Interact with Advisors on fixed income product discovery (including all new issued fixed income products as well as equities preferred securities market-linked investments)
• Perform fixed income platform assistance
• Serve as a liaison between underwriters and the trading desk
• Coordinate the setup and maintenance of new offerings
• Provide Inventory Management
• Facilitate trade allocations and execution
• Track analyze and build reporting of key business statistics and performance metrics
• Perform fixed income order reviews and execute Treasury auctions Market Linked Investments and orders against external offerings
• Review and research trading situations and exercise independent judgment to guide medium risk deliverables
• Assist more experienced traders with complex trade situations
• Collaborate and consult with peers colleagues and managers to resolve issues and achieve goals

Required Qualifications:

• 2 years of Retail Fixed Income Trading experience or equivalent demonstrated through one or a combination of the following work experience training military experience education

Desired Qualifications:

• Successfully completed FINRA Series 7 and Series 63 or Series 7 and 66 (or FINRA recognized equivalents)
• FINRA registration including Series 52 (or FINRA recognized equivalents)
• Knowledge and understanding of fixed income securities debt instruments market knowledge and bonds through coursework or investment clubs
• Working knowledge of investment products including fixed income securities (Treasuries Municipals Corporate Bonds Agencies CDs and Structured Products) equities and preferred securities
• Experience supporting advisors or clients in a retail brokerage or wealth management environment
• Familiarity with Bloomberg or similar fixed income trading platforms
• Proficient with Microsoft Office products (Word Excel Outlook and PowerPoint)
• Demonstrated relationship building and collaboration skills
• Analytical capabilities attention to detail and organizational skills
• Bachelors degree in Finance Economics Business Accounting or related field

Job Expectations:

• US only: Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. FINRA Series 7 and 63 or 7 and 66 examinations or equivalent must be completed within either a 90 or 180-day time period following commencement of employment depending upon the number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted. This will be communicated at time of offer acceptance. Compliance with state law registration and licensing requirements is addition to state registration and licensing requirements 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 licensing 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 is required
• This position is subject to FINRA Background Screening Requirements including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws Article III Section 3 which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
• This position is not eligible for Visa sponsorship.

Posting Location:

• 2801 Market Street Saint 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 Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 units risk appetite and all risk and compliance program requirements.

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 visitDisability 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.