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Systematic Credit Trader - 144039-NC-550 S Tryon | Wells Fargo Job


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Job Opportunity Details

Type

Full Time

Salary

Not Telling

Work from home

No

Weekly Working Hours

Not Telling

Positions

Not Telling

Working Location

144039-NC-550 S Tryon, CHARLOTTE, NC, United States   [ View map ]

Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.

Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Rates, Equities, Foreign Exchange, Municipal Products Group, Credit Sales & Trading.

Corporate Credit Trading delivers liquidity, pricing, execution and risk-management solutions across corporate credit markets for institutional clients. The business combines experienced risk taking with electronic execution, portfolio trading, quantitative analytics and systematic trading capabilities to serve clients across market conditions.

About this role:

Wells Fargo is seeking an experienced Trader to join Corporate Credit Trading, focused on systematic credit trading and disciplined risk management. This is a hands-on markets role spanning risk taking, strategy development, pricing, execution and production technology. You will combine deep credit-market judgment with quantitative methods to improve real-time decision making, deliver client liquidity and build a scalable, profitable trading franchise in close partnership with Sales, other traders, Quantitative teams and Technology.

The Trader role is responsible for managing market and inventory risk, developing systematic and discretionary trading strategies, and delivering competitive pricing and execution to clients. The role partners closely with Sales, other traders, quantitative teams and Technology to strengthen the Corporate Credit Trading franchise. Learn more about the career areas and lines of business at wellsfargojobs.com.

In this role, you will:

  • Manage market risk, corporate bond, treasury, and equity securities, liquidity, basis and counterparty risk across corporate bonds, credit ETFs and related hedges, using disciplined limits, scenario analysis and real-time monitoring. 
  • Develop and manage systematic and discretionary trading strategies, including relative value, momentum, flow, dealer inventory, spread and volatility, counterparty and order-book signals. 
  • Build and improve pricing, quoting, execution and monitoring tools, factor models and decision frameworks that support consistent real-time trading decisions. 
  • Partner with Technology and quantitative teams to translate research and trading requirements into resilient, controlled production trading solutions, including automated hedging and electronic venue integration. 
  • Serve institutional clients directly by providing liquidity, market insight and execution across single-name, ETF, portfolio and primary-market workflows. 
  • Partner with Sales and other traders across products to identify opportunities, coordinate risk, improve client outcomes and expand wallet share. 
  • Build the Corporate Credit Trading franchise with an ownership mindset by improving scalability, profitability, controls, client coverage and product capabilities. 

Required Qualifications:

  • 7+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, educatio

Desired Qualifications:

  • 10+ years of buy-side and/or sell-side experience as a credit markets practitioner, including direct responsibility for trading, portfolio management, electronic execution or market making. 
  • Demonstrated experience managing systematic and discretionary strategies and associated risk in corporate credit, fixed income, ETFs or closely related markets. 
  • Strong expertise in algorithmic trading, ETF market structure, electronic execution, pricing and portfolio trading, with sound judgment under changing market conditions. 
  • Proven ability to build scalable, profitable businesses with an ownership mindset in fixed income or equities. 
  • Experience designing systematic alpha signals in corporate credit, including relative value, equity and credit momentum, dealer inventory, flows, spread and volatility, counterparty behavior and order-book skew. 
  • Expertise in systematic pricing and quoting methodologies, real-time ETF pricing as a trading signal, and automated hedging platforms or central limit order book integration. 
  • Deep knowledge of fixed income ETF primary-market creation and redemption, corporate credit portfolio trading and ETF issuer relationship management. 
  • Experience with high-yield ETF pairs trading or related strategies that support systematic fixed income ETF liquidity provision. 
  • Practical application of supervised and unsupervised machine-learning techniques in credit markets, with the ability to connect market expertise to systematic model development. 
  • Credit portfolio-management experience across long/short and long-only strategies, including investment grade, high yield, Financials and emerging markets. 
  • Experience developing and applying factor models for pricing, relative-value analysis, portfolio construction, hedging and risk management. 
  • Strong client-facing communication skills and a demonstrated ability to partner effectively with Sales, traders, quantitative teams and Technology. 

Job Expectations:

  • Ability to travel as needed 
  • Willingness to work on-site in accordance with current office requirements 
  • Ability to work additional hours as needed 
  • Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. FINRA Series 7, 63 and 57 examinations, or equivalent must be completed within either a 90 or 180-day time period following commencement of employment, depending upon the number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted. This will be communicated at time of offer acceptance. Compliance with state law registration and licensing requirements is mandatory. In addition to state registration and licensing requirements, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA licensing review process at the time of offer acceptance. For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite is required.
  • 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.
  • This 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.

Posting Location:

  • 550 South Tryon Street, Charlotte, NC 28202


Pay Range
 


Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.$215,000.00 - $355,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • 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
  • Adoption reimbursement

Posting End Date:

8 Nov 2026

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

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.

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.

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.

c. Please be prepared to provide accurate information and supporting documentation in connection with any lawful employment and education verification conducted by Wells Fargo.


More Information

Application Details

  • Organization Details
    D42 Wells Fargo Securities, LLC
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