Wells Fargo Bank

Global Institutional Rates & FX Sales VP

Posted on: 8 Mar 2021

New York City, New York

Job Description

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as Personal Cell or Cellular in the contact information of your application.

At Wells Fargo, we want to satisfy our customers financial needs and help them succeed financially. Were looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where youll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wholesale Banking provides financial solutions to businesses across the United States and globally. Our four major business lines include Corporate & Investment Banking, Commercial Banking, Commercial Real Estate, and Wells Fargo Commercial Capital. We also have groups in credit risk, group risk, finance, marketing, human relations, and the Wholesale Chief Operating Office that support our businesses.

Successful candidate to join Global Institutional Rates and FX Sales with a primary focus on providing daily FX coverage to regional banks and other financial institutions domiciled in the US and Latin America. He / she must possess working knowledge of a wide variety of foreign exchange instruments including spot, forwards and swaps, and options in both G-10 and Emerging Market currencies. The candidate will work to implement client coverage strategies in collaboration with FX Trading and coverage partners such as Financial Institutions Group (FIG) and Global Institutional Client Group (GICG), develop concrete client specific plans to increase market share and flow, disseminate the firms intellectual content in an accurate and timely fashion, and assist in building connectivity between FX trading / leadership team and key portfolio managers at the aforementioned clients. He or she will also appropriately analyze and leverage financial resources such as reverse repo and synthetic funding derivatives to achieve a relationship and revenue / returns multiplier effect. Lastly, the candidate will work with internal partners including compliance, legal, and documentation to ensure our approach adapts to the ever changing market structure and regulatory landscape

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 units risk appetite and all risk and compliance program requirements.

Required Qualifications
* 5+ years of experience in capital markets, industry experience within the specific sector of the position, or a combination of both
* Successfully completed FINRA Series 7 and 63 (or 66) exams to qualify for immediate registration (or FINRA recognized equivalents)

Desired Qualifications
* Excellent verbal, written, and interpersonal communication skills
* Ability to interact with all levels of an organization

Other Desired Qualifications
* Outstanding knowledge of interest rate products and applications in the context of investment managers and insurers;
* Strong written and verbal communication skills, a desire and ability to build strong relationships with internal and external partners
* Willingness to travel to visit clients on a frequent basis
* Degree from a Four Year Accredited College or University is a minimum requirement

Job Expectations
* Ability to travel up to 25% of the time

Street Address
NY-New York: 500 W 33rd Street - NEW YORK, NY

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits Summary
Benefits
Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.

Wells Fargo Bank

San Francisco, CA

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.

The company also engages in the wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing, trust, investment advisory, mortgage-backed securities, and venture capital investment services.

As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.