Securities Lender
Wells Fargo is seeking a Securities Lender to join our Securities Lending team within Wealth and Investment Management. In this role, you will :
- Participate in less complex initiatives and identify opportunities for process improvements
- Review and research trading situations, and exercise independent judgment to guide medium risk deliverables
- Assist more experienced traders with complex trade situations
- Interact with more experienced traders and leaders to develop knowledge and understanding of securities lending functions, policies, procedures, and compliance requirements
- Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
- Review reports to identify and escalate issues
- Provide support with respect to short sale approvals, secured funding transactions, and borrowing securities to facilitate firm deliveries
Required Qualifications :
2+ years of Retail Fixed Income Trading experience, or equivalent demonstrated through one or a combination of the following work experience, training, military experience, educationDesired Qualifications :
Excellent verbal, written, and interpersonal communication skillsAbility to work effectively, as well as independently, in a team environmentAbility to manage multiple responsibilities and tasks simultaneouslyIntermediate Microsoft Office SkillsAttention to detail and accuracy skillsAbility to work in a time sensitive environmentAbility to escalate issuesJob Expectations :
Ability to travelThis position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of 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.This position is not eligible for Visa sponsorship.Job Posting Locations :
194 Wood Ave S Iselin, New Jersey 088302801 Market St, F & L Bldg Saint Louis, Missouri 63103Responsible for collateral management activities and reviews, supporting short sale activity and supporting secured funding products including term loans and fixed income trading.
Pay Range : $68,000.00 - $125,000.00
Benefits : Wells Fargo provides eligible employees with a comprehensive set of benefits, including 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, and adoption reimbursement.
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.
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 :
Third-party recordings are prohibited unless authorized by Wells Fargo.Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.Req Number : R-500872