About this role:

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

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.

In this role, you will:

Generate ideas and prepare marketing materialsProvide market commentary, trade structuring and pricingManage client onboarding process Interact with documentation and settlements groupsPartner 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 platformFocus on building client relationshipsFoster a strong risk mitigating and compliance-driven culture

Required Qualifications:

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 capacityStrong interest in global macro markets Familiarity with credit risk concepts; CVA/DVA/FVAExcellent verbal and written interpersonal communication skillsStrong quantitative and analytical skillsAttention to detail and organizationAdvanced proficiency with Microsoft Excel & PowerPointAbility to thrive in a fast-paced team oriented environment and work under pressureHigh standard of collaboration to help attain group goalsDegree 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 acceptedThis position is not eligible for Visa Sponsorship

Compensation:

Base pay range for this position in New York is 100,000.00 - 115,000.00 USDMay 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 - $179,200.00

Benefits

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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement

Posting End Date:

28 Feb 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.

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.