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Wells Fargo

Diversified financial services: banking, lending, investments

Associate – Leveraged Credit Sales

Sales & TradingPosted on Nov 13
Full-timeNew York, NY, USA

About the Job

Requirements

  • At least 2 years of Securities Sales experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • Obtain and/or maintain appropriate Financial Industry Regulatory Authority licenses for ongoing employment. FINRA Series 7 and 63 examinations, or equivalents, must be completed within 90 or 180 days after commencement when not transferable upon hire; FINRA-recognized equivalents are accepted.
  • Comply with state law registration and licensing requirements and any applicable product or SAFE licensing requirements.
  • Meet enhanced financial fitness and criminal background standards and successfully pass the required FINRA background check before hire.
  • Comply with ongoing regulatory obligations, including periodic screening and mandatory reporting of certain incidents.
  • Provide information to the Wells Fargo Personal Account Dealing Team and comply with applicable outside-activity or personal-investing policies if affected.
  • Strong analytical and quantitative skills.
  • Knowledge of credit and leveraged credit markets and the leveraged credit institutional investor base.
  • Ability to analyze market information and communicate relevant trade ideas and market insights.
  • Organizational, multitasking, and prioritization skills.
  • Verbal, written, and interpersonal communication skills.
  • Experience collaborating with sales, trading, research, and syndicate partners.
  • Bloomberg proficiency.
  • Understanding of credit fundamentals and fixed income markets.
  • Proficiency with Microsoft Office, including Word, Excel, and PowerPoint.
  • Ability to travel as needed, work on-site in accordance with current office requirements, and work additional hours as needed.

Responsibilities

  • Support daily client coverage and relationship management with institutional leveraged credit investors and hedge funds.
  • Provide clients with relevant trade ideas, research, market information, and other insights to help facilitate trading activity.
  • Partner closely with the trading desk to communicate market activity and trading axes and help facilitate transactions between Wells Fargo and its institutional investor base.
  • Support the distribution of new leveraged credit debt issuances and secondary market trading activity.
  • Collaborate with salespeople, traders, research, syndicate, and management to support client relationships and business objectives.
  • Develop knowledge of leveraged credit markets, products, client needs, risk controls, and applicable regulatory and compliance requirements.
  • Follow applicable risk programs, policies, and procedures; fulfill risk and compliance obligations; escalate and remediate issues; and make sound risk decisions.
  • Proactively monitor, govern, identify, and escalate risks in accordance with business unit risk appetite and program requirements.

About the Company

Wells Fargo

Diversified financial services: banking, lending, investments

Wells Fargo offers a broad set of financial services, including banking, mortgages, investing, credit cards, and wealth and business banking, to individuals, small businesses, and large corporations. Its products combine everyday banking with lending, investment products, and advisory services, accessible through branches, ATMs, and online or mobile platforms. The company earns mainly from interest on loans, banking fees, and commissions on investment products, supported by a large network and secure technology. Its goal is to help customers manage, preserve, and grow their money through trusted, accessible, and comprehensive financial solutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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