View All Jobs 24632

MD, Equity Derivatives Sales Trader

Own the equity derivatives sales strategy and client relationships for key institutional accounts
New York
$290,000 – 500,000 USD / year
6 days ago
NYC Staffing

NYC Staffing

NYC Staffing is not a company; nyc.gov is the official website for New York City's government services and resources.

59 Similar Jobs at NYC Staffing

Wells Fargo Corporate And Investment Banking

Wells Fargo and Company (NYSE: WFC) is a diversified community based financial services company with $1.9 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment, and mortgage products and services, as well as consumer and commercial finance, through 4,300 branches, more than 11,000 ATMs, wellsfargo.com, and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. With approximately 238,000 team members, Wells Fargo serves one in three households in the U.S.

The Position

Wells Fargo is seeking a Managing Director, Equity Derivative Sales Trader. This position is responsible for selling Equity Derivatives to real money clients including Insurance Companies, Pension Funds, Endowments, and Asset Managers for equity derivatives as well as cross-asset products. The client-facing role will require execution, technical skills, a problem-solving approach, and the ability to combine strategic analysis with tactical idea generation.

  • Lead the strategy and resolution of some of the most complex challenges across Securities Sales Trading
  • Deliver solutions that are long-term, large-scale, and require vision, creativity, innovation, advanced analytical thinking and coordination of highly complex activities and resolution
  • Advise leadership to develop objectives, plans, resources, and long-term goals for highly complex business and technical needs
  • Act as a top subject matter expert to lead objectives, plans, specifications, resources, and long-term goals for highly complex business needs across Securities Sales Trading
  • Serve as an expert advisor to leadership
  • Represent the company externally in industry networking events

Required Qualifications:

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

Desired Qualifications:

Extensive experience with direct equity derivatives - listed & OTC options, ETF's, cash equities, and swaps. Significant experience in all aspects of the sales process from product development to execution. High level of understanding option theory. Experience selling to Insurance companies, Pension funds, Endowments, and Asset Managers while also developing new growth opportunities and leveraging their contact network to understand client needs. Instrumental in developing bespoke funded equity derivative solutions. Team-oriented mindset and work in close partnership with the various businesses in the Equities division. Energetic self-starter who is detail oriented while possessing excellent communication and presentation skills. Candidate must be an individual who demonstrates a sense of personal accountability and urgency for achieving results.

Job Expectations:

Registration for FINRA Series 7, 63, and 55 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted. This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance 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. Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Pay Range

$290,000.00 - $500,000.00

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 benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

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.

+ Show Original Job Post
























MD, Equity Derivatives Sales Trader
New York
$290,000 – 500,000 USD / year
Sales
About NYC Staffing
NYC Staffing is not a company; nyc.gov is the official website for New York City's government services and resources.