Securities Lending Associate

at  Wells Fargo

APPLICANTS WITH DISABILITIES

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

Required Qualifications:

• 2+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

• A BS/BA degree or higher.
• 5+ years of experience in securities lending/prime brokerage middle office.
• Knowledge of financial products and securities lending strategies
• Strong understanding of securities lending operations and market dynamics.
• Excellent analytical and problem-solving skills.
• Proficient in using trading platforms and systems.
• Ability to work well in a team environment and under pressure.
• Strong communication and interpersonal skills
• Familiarity with risk management techniques in securities lending.
• Understanding of regulatory requirements and compliance

ABOUT THIS ROLE:

We are seeking a highly motivated and detail-oriented individual to join our team as a Securities Lending Associate. Learn more about the career areas and lines of business at wellsfargojobs.com .

IN THIS ROLE, YOU WILL:

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.
The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients’ overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

The ideal candidate should have a strong background in middle office and settlements, as well as a keen interest in the securities lending market. This is an exciting opportunity to work in a fast-paced environment and contribute to our growing business.

• Participate in Trader daily activities, supporting client accounts, and identify opportunity for researching and correcting trade, risk and compliance issues within Wells Fargo Securities
• Collaborate and consult with peers, traders, risk, compliance, and manager, including internal and external customers
• Assist senior traders in executing and managing securities lending transactions.
• Work closely with middle office and settlements teams to ensure timely and accurate trade settlements.
• Assist in evaluating market opportunities and identifying potential borrowers and lenders.
• Analyze and interpret market data to support trading decisions.
• Stay up-to-date with industry trends, regulations, and best practices.

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 CRF 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.

Required Qualifications:

• 2+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• A BS/BA degree or higher.
• 5+ years of experience in securities lending/prime brokerage middle office.
• Knowledge of financial products and securities lending strategies
• Strong understanding of securities lending operations and market dynamics.
• Excellent analytical and problem-solving skills.
• Proficient in using trading platforms and systems.
• Ability to work well in a team environment and under pressure.
• Strong communication and interpersonal skills
• Familiarity with risk management techniques in securities lending.
• Understanding of regulatory requirements and compliance.

Job Expectations:

• Registration for FINRA Series 63 (or 66) must be completed within 180 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 180 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

Posting Location:

• 30 Hudson Yards, New York, NY

Pay Range:

• Base pay range for this position in New York is 135,000.00 - 135,000.00 USD
• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards