Job Description

locations

CHARLOTTE, NC

NEW YORK, NY

time type

Full time

posted on

Posted Today

job requisition id

R-498084

About this role:

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.

Wells Fargo is seeking a Lead Securities Algorithmic Trader who will be responsible for designing, monitoring, and managing electronic trading algorithms for electronic trades. This role will serve as a subject matter expert on electronic trading algorithms to clients and internal partners.

In this role, you will:

• Lead complex initiatives to resolve algorithmic trading using high-frequency trading technology with broad impact
• Act as key participant in developing, implementing, and monitoring risk based programs to recommend decisions to buy or sell financial securities on an exchange for Securities Algorithmic Trading
• Review and analyze complex formulas, combined with mathematical models and human oversight that require in-depth evaluation of multiple factors including the use of process and rules based algorithms to employ strategies for executing trades
• Make decisions in complex and multi-faceted situations requiring understanding of the function, policies, procedures and compliance requirements that influence and lead broader work team to meet deliverables and drive new initiatives
• Collaborate and consult with peers, colleagues and mid-level to more experienced managers to resolve issues and achieve goals

Required Qualifications:

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

Desired Qualifications:

• Strong academic background in an analytical field such as Mathematics, Physics, Engineering, Computer Science, Quantitative Finance, etc.

• Strong statistical background.

• Proven ability to analyze large datasets, build models, and draw commercial conclusions.

• Ability to develop and deliver production code. Familiarity with Java and Python strongly preferred, but alternative languages are acceptable.

• Ability to communicate and work collaboratively with traders and other groups in the firm.

• Experience designing and building systematic/algorithmic trading systems, particularly market-making systems in the fixed income space.

• Familiarity with fixed-income markets.

• Experience building machine-learning models.

• Experience collaborating on a large-scale, enterprise codebase.

• Experience working with large-scale datasets in in Python

• Experience with Unix and basic shell scripting

• Demonstrated familiarity developing a safe environment using controls, testing, and resiliency, particularly around electronic trading.

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 79 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 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

• Ability to travel as needed

• Willingness to work on-site in accordance with current office requirements

• Ability to work additional hours as needed

• 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 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

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.

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

Posting End Date:

* Job posting may come down early due to volume of applicants.

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.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit .

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.

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