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Fixed Income Trader 2

Wells Fargo | Menomonee Falls WI 53052 USA | Full Time | Posted: 06/18/2019

Job Descriptiontop

Job Description

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll 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.

Wealth and Investment Management (WIM) businesses build enduring client relationships through sound, thoughtful, and objective advice. We help our clients by developing individualized plans for everything from retirement goals to business succession planning to family legacy intentions. Services include comprehensive planning and advice, investment management, brokerage, private banking, estate planning strategies, trust, insurance, and both individual and institutional retirement.

Wells Fargo Asset Management (WFAM), a division of Wells Fargo Wealth and Investment Management, strives to help clients achieve their financial goals through top-tier investment options managed by specialized investment teams that are supported by independent risk management and backed by superior, collaborative service. With more than $476 billion in assets under management as of March 31, 2019, Wells Fargo Asset Management has over 25 investment teams with specialized expertise and proven processes, more than 500 investment professionals, and a global reach with offices and clients around the world.

Wells Fargo Asset Management (WFAM) is seeking a Fixed Income Trader 2 to join the successful and growing Municipal Fixed Income Team.  This position will be part of a team of municipal bond portfolio managers, credit analysts, and traders overseeing $39 billion in assets under management.  The role will involve working with portfolio managers and credit analysts to implement and trade investment recommendations for a broad array of municipal bond strategies including mutual funds and institutional separate accounts.

Specific duties include but are not limited to:

  • Trading and analysis of municipal fixed income securities
  • Executing trades and contributing to the formulation of product trading strategies
  • Under the direction of management, providing relative value trade ideas, making alpha generating relative value decisions, and developing and maintaining relationships with the dealer counterparties
  • Working alongside portfolio managers in communicating and executing investment strategies
  • Providing timely and efficient fixed trade execution on behalf of portfolio managers
  • Working directly with settlements, operations, and compliance to insure proper order flow post execution, monitor risk parameters set by clients, and improve overall communication
  • Generating reports and tracking various trading and portfolio related information on a daily basis
  • Demonstrating sound decision making and strategic thinking which reflects an understanding of our businesses and their priorities
  • Filtering and directing important market and trading related information coming into the Trading Desk from various sources
  • Managing multiple tasks at one time, while remaining focused in fast paced environment

Required Qualifications

  • 3+ years of trading experience

Desired Qualifications

  • Derivatives, convertible bonds, and credit markets experience
  • Basic knowledge and understanding of basic system development and the infrastructure design around trade execution and risk management systems for portfolios
  • Extensive knowledge and understanding of credit evaluation and pricing
  • Extensive knowledge and understanding of derivative markets across equity, fixed income, and currencies

Other Desired Qualifications
  • Strong technical skills
  • Direct experience trading securities
  • BA/BS in Business, Finance, Economics, or equivalent
  • Experience with fixed income markets and strong understanding of how credit is evaluated and priced
  • Thorough and broad understanding of how capital markets and trading markets function
  • Proven ability to work in a team environment while managing multiple projects/tasks with competing priorities and deadlines
  • Great familiarity with the infrastructure around trade execution and risk management systems
  • Demonstrated experience with investment analytical tools including Bloomberg, Investortools Perform and CreditScope, Bloomberg, Excel, FactSet, and/or Charles River Database


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.

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Location Menomonee Falls, WI, 53052, United States
Categories Other

Location Maptop

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Job Code 5488157

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