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 are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking; commercial real estate lending and servicing; investment banking; equity; and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.
The Corporate & Investment Banking group provides banking services and financial solutions to businesses across the United States and globally.
Within Corporate & Investment Banking, the Macro Group is responsible for the sales and trading platform for interest rates, FX, commodities, and CVA.
Under this group, the Commercial Rates & Foreign Exchange (FX) Solutions team helps clients manage exposures to interest rate and FX risk through the structuring of hedging strategies and implementation of payment solutions. Our integrated sales team provides best in-class interest rate and FX products, execution and customer service for Wells Fargos Commercial Banking franchise which includes Commercial Banking, Commercial Real Estate, Capital Finance, and Wealth & Investment Management.
Positioned within the Commercial Rates & FX Solutions team, the Director role is a senior client facing role and involves a high degree of partnership across the platform to provide interest rate and FX risk management and FX payment solutions. The role also requires leadership skills that can be utilized in setting strategy, engaging with key stakeholders, and developing junior talent.
The Commercial Rates & FX Solutions Directors responsibilities include:
* Drive the sales coverage for a specific region and/or line of business, and drive a team to achieve financial goals
* Build the franchise for the Macro team within the local market to serve customers and grow business
* Maintain consistent, professional, and value-added client coverage
* Contribute to overall team goals, set and participate in platform initiatives
* Work effectively with Rates & FX partners to develop and implement holistic risk management strategies for Wells Fargos commercial clients
* Maintain strong discipline around credit risk management, CVA, and Capital to achieve appropriate risk return targets
* Build strong working relationships with all Banking and product partners across platform
* Partner effectively with all support areas to deliver superior customer service
* Help train, mentor, coach, and develop junior talent
* Ensure compliance with all new Dodd-Frank and Other regulatory rules and help guide team to improve process to meet market practices as they develop
* Understand competitive landscape in the Rates & FX asset classes and position the team to be successful in the marketplace among peer group of Rates & FX providers
This position is subject to Dodd-Frank Background Screening Requirements, including successful completion and clearing of a background screen. Applicants are subject to a new screen to comply with Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act which states that Associated Persons (AP) cannot be subject to statutory disqualification. Under industry regulations, an AP is defined as a team member who solicits or accepts client orders for swaps. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
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
* 7+ years of experience in capital markets, industry experience within the specific sector of the position, or a combination of both
Desired Qualifications
* Solid creative and strategic thinking skills
* Effective organizational, multi tasking, and prioritizing skills
* Strong analytical and quantitative skills
Other Desired Qualifications
* Experience in both Rates and FX preferred
* Prior management experience is a plus but not required
* Bachelors Degree
* Minimum 7 years interest rate, foreign exchange experience, or other equivalent capital markets experience
* Proven ability to effective relationships with internal partners and clients
* Proficient in PowerPoint, Word, and Excel with comfort creating original, client/business-ready content
* Familiarity with Bloomberg terminal
* Self-motivated to perform at a high level
* Desire to work in collaborative environment
* Capital markets and accounting knowledge
* A strong work ethic and positive attitude
Job Expectations
* Ability to travel up to 50% of the time
* Successful completion of the National Futures Association (NFA) Swaps Proficiency Requirements
Street Address
NC-Charlotte: 550 S Tryon St - Charlotte, NC
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.
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.