Job Abstract

About this role:

Wells Fargo is seeking a Securities Sales Program Analyst for our Los Angeles-based, Institutional Structured Products Sales team, responsible for the distribution of Fixed Income Products to our Institutional Fixed Income Investor base. 

In this role, you will:

• Participate in or provide support for low complexity initiatives within Securities Sales to meet the clients objectives

• Review issues, policies or procedures for which answers can be quickly obtained, related to low-to-medium risk tasks and deliverables

• Receive direction from a manager

• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, compliance, and risk management requirements for the Securities Sales area

• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals

• Interact with internal and external clients

• Meticulous regarding all details, adaptive to a fast-paced environment and able to perform under pressure with high motivation and energy

• Participate in comprehensive reviews including report preparation and analysis of findings, and propose recommendations for a fundamental impact on future product quality

• Determine appropriate course of remedial action, conduct investigative steps to fully identify the issues, and research product information, terms, conditions, or contracts

• Review complex transactions, process gaps, or issue resolution that require in-depth evaluation and special handling

• Contribute to the resolution of highly sensitive client inquiries

Required Qualifications:

• 6+ months of Securities Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Previous trading floor, middle office, or back-office trade support experience

• Demonstrated knowledge of securities products and services

• Knowledge of Structured products

• Meticulous regarding all details, adaptive to a fast-paced environment and able to perform under pressure with high motivation and energy

• Excellent verbal, written, and interpersonal communication skills

• Strong analytical skills with high attention to detail and accuracy

• Familiarity with COBAM – new client onboarding and trading accounts (especially these new extended settle accounts that take forever)

• Familiarity with Credit related items – limit increases, verify documentation

• Familiarity with client documentation including but not limited to chasing QIBs, expiring docs, beneficial owner / tax docs, chasing addresses for the mailing team, etc.

• Familiarity with Pricing – month end marks / challenges

• Familiarity with ECN enablement’s such as Bloomberg and Tradeweb

• CID account clean up related to CTM auto allocation efforts  

• Settlement related issues-trade fails, wire payments (TBA), money only fails, directing wire SSI updates to Client Maintenance from TBA Cash Settlements, having our trades updated to reflect new coupons/factors

• Establish and maintain safekeeping accounts

Job Expectations:

• Registration for FINRA Series SIE must be completed within 90 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.

• Registration for FINRA Series 63 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

Compensation:

• Base pay for this role is $110K USD

• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

Additional Information:

• This position is not eligible for Visa Sponsorship

• Posting may come down early based on applicant volume.

• Location : El Segundo, CA Only

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.

Pay Range

Posting End Date:

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

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

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.