Corporate Rates Analyst

at  Wells Fargo

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 - $179,200.00

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

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, educatio

Desired Qualifications:

• 6+ months of banking experience in a sales & trading capacity
• Strong interest in global macro markets
• Familiarity with credit risk concepts; CVA/DVA/FVA
• 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
• Degree from a Four Year Accredited College or University is a minimum requiremen

ABOUT THIS ROLE:

Wells Fargo’s is seeking a Corporate Rates Analyst-1st Year to join our Markets team. Learn more about Wells Fargo’s Corporate and Investment Banking group and career areas at wellsfargojobs.com.

ABOUT THIS ROLE:

Wells Fargo’s Macro Group is hiring for an Analyst position on the Corporate Rates & FX Sales Team. The role is focused on the marketing and execution of Rates 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 Rates products not limited to Swaps, Swaptions and Cross-Currency Swaps with a willingness to expand their knowledge to additional risk management products in the future. Rates Sales team members partner closely with their counterparts in Rates as well as with other CIB coverage partners including Corporate Banking, DCM, Leveraged Finance and Investment Banking to cohesively market the banks and are expected to collaborate seamlessly across the platform. Potential team members should be focused on building strong customer relationships balanced with helping to foster a strong risk mitigating and compliance-driven culture.
This position is subject to Dodd-Frank Background Screening Requirements, including successful completion and clearing of a background screen. Applicants are subject to a new screen to comply with Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act which states that Associated Persons (AP) cannot be subject to statutory disqualification. Under industry regulations, an AP is defined as a team member who solicits or accepts client orders for swaps. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.

In this role, you will:

• Generate ideas and prepare marketing materials
• Provide market commentary, trade structuring and pricing
• 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 of banking experience in a sales & trading capacity
• Strong interest in global macro markets
• Familiarity with credit risk concepts; CVA/DVA/FVA
• 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
• Degree from a Four Year Accredited College or University is a minimum requirement

Job Expectations:

• Registration for FINRA Security Industry Essentials (SIE) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 7 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.
• Registration for FINRA Series 63 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

Compensation:

• Base pay range for this position in New York is 100,000.00 - 115,000.00 USD
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

Additional Information:

• This position is not eligible for Visa Sponsorship
• Posting may come down early based on applicant volume.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.