Vice President, CDS Trader

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 Macro Credit CDS Trader to join our APAC Credit Trading Desk.

In this role, you will:

• Effectively manage risk positions across APAC high grade credit within the guidelines of Well Fargo’s trading mandate
• Work with other traders and the sales force to trade with clients, create liquidity and drive capital efficiencies
• Create and maintain relationships with buy-side trading counterparts, internal business partners, and internal sales and trading personnel across all trading desks
• Identify opportunities and strategies to develop trading programs and procedures
• Ensure the success of Securities Trading positions, risk and profitability, while adhering to regulatory and compliance requirements
• Interpret and develop trading architecture, trading policies and procedures for managing trades from inception to post trade analysis
• Collaborate with and influence peers, risk, compliance, portfolio managers
• Interact directly with brokers, clients, and regulators
• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

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

Desired Qualifications:

• 7+ years of credit trading experience with a background that includes trading, institutional investing, or other relevant capital markets experience in the CDS markets at a bank, corporate trading desk and/or investing client. 
• Extensive credit product knowledge inclusive of bonds and credit derivatives
• Strong analytical skills to support in depth corporate asset class, sector, industry, issuer, and product valuation & risk analysis.
• Strong quantitative and technical skillset to support Electronic Trading and Hedging/Capital optimization.
• In-depth understanding of risk management and regulatory/capital requirements and its respective impact to credit trading.
• Has established relationships across the credit markets including buy-side clients.
• Adaptive skillset and can work well in a fast-paced trading environment.
• Organized, affable, and able to work in a collegial, team-oriented environment.  
• Self-motivated possess exceptional communication skills.

Job Expectations:

• The candidate will be expected to attain and hold any relevant licensing qualifications as required to perform the role

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.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.