FX and Rates Sales Associate
Wells Fargo
About this role:
Wells Fargo is seeking a Macro Sales Associate to join our growing Japan business.
In this role, you will:
- Responsible for covering Japanese institutional clients on Wells Fargo's macro products, especially FX and Rates derivatives (Interest Rate Swaps, Cross Currency Swaps, Swaptions).
- Price and execute FX and Rates derivatives for clients.
- Work on eFX and eRates space to expand Wells Fargo’s e-commerce business
- Work together with the team to achieve targeted revenue goals on an annual basis.
- Support the team in writing and distributing commentaries/views throughout the day, sending out trading axes, and communicating client views to the trading desk.
- Generate periodic reports to assist management on macro strategy planning and business reviews.
- Mobilize and coordinate existing resources within Wells Fargo to facilitate Wells Fargo’s objective, e.g. setting up calls with senior personnel of target clients and arranging business events for senior team members.
- Work with other departments (i.e. trading, sales support, client service, marketing, legal, compliance) to ensure that all clients requests, inquiries, post trade issues are managed effectively.
- Assist in maintaining relationships and keep up-to-date on global political, economic and financial trends.
- Keep abreast of new or amended regulations and development of foreign or designated markets and advise Manager of any changes that may affect the decisions and planning in the trading/investment activities.
- Maintain the highest standards of attention to detail and professionalism.
Required Qualifications:
- 2+ years of Securities Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- Excellent command of spoken and written English and Japanese.
Desired Qualifications:
- 3+ years of macro (FX and Rates derivatives) sales/trading experience
- Good understanding of derivatives.
- Experience in dealing with major financial institutions including banks, insurance companies, regional banks and asset managers.
- Superior communication, interpersonal, and presentation skills.
- Highly self- motivated; ability to work individually and within a global team.
- Bachelor’s Degree and JSDA Class 1 Sales Representative certification required.
Posting End Date:
3 Oct 2024*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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.