Wells Fargo

Associate, Corporate Rates Sales

Wells Fargo$143K — $224K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years of Securities Sales experience, or equivalent through work experience, training, military experience, or education
  • Direct experience marketing and/or executing Rates products (Swaps, Swaptions, Cross-Currency Swaps) for corporate clients
  • Strong interest in global macro markets and market developments
  • Familiarity with credit risk concepts like CVA, DVA, and FVA
  • Excellent communication skills, both verbal and written
  • Strong quantitative and analytical skills
  • Advanced proficiency in Microsoft Excel and PowerPoint

Responsibilities

  • Generate ideas and prepare marketing materials for client engagement
  • Provide tailored market commentary and pricing solutions
  • Manage the onboarding process and coordinate internal documentation
  • Collaborate with settlements teams for timely transaction execution
  • Partner with various CIB teams to identify and pursue opportunities
  • Build client relationships through proactive communication
  • Promote a strong compliance and risk management culture

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life and critical illness insurance
  • Parental leave
  • Tuition reimbursement
  • Commuter benefits
Full Job Description

About this role:

Wells Fargo's Macro Group is hiring for an Associate position on the Corporate Rates & FX Sales Team. The role is focused on the marketing and execution of Rates products, specifically in support of the risk management needs of Wells Fargo's corporate client base. The position is directly client-facing, and core responsibilities include management of the client onboarding process, idea generation, pitch book creation, the pricing and booking of trades, providing market updates, post-trade follow-up, and interaction with settlements groups.

The candidate should have a technical understanding of basic Rates products, including Swaps, Swaptions, and Cross-Currency Swaps, with a willingness to expand their knowledge to additional risk management products in the future. Rates Sales team members partner closely with their counterparts in Rates, as well as with other CIB coverage partners, including Corporate Banking, DCM, Leveraged Finance, and Investment Banking, to cohesively market the bank and are expected to collaborate seamlessly across the platform. Potential team members should be focused on building strong customer relationships while helping to foster a strong risk-mitigating and compliance-driven culture.

In this role, you will:

  • Generate ideas and prepare marketing materials to support client engagement and business development efforts

  • Provide market commentary, trade structuring expertise, and pricing solutions tailored to client needs

  • Manage the client onboarding process and coordinate required internal approvals and documentation

  • Collaborate with documentation and settlements teams to ensure timely execution and processing of transactions

  • Partner closely with counterparts across Markets, including Trading and CVA, as well as other CIB partners, including Corporate Banking, Investment Banking, Debt Capital Markets, and Leveraged Finance

  • Work seamlessly across the platform to identify opportunities and drive execution

  • Build and maintain strong client relationships through proactive communication and strategic partnership

  • Promote a strong risk management, regulatory, and compliance-focused culture in all business activities

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

Desired Qualifications:

  • Direct experience marketing and/or executing Rates products, including Swaps, Swaptions, and Cross-Currency Swaps, for corporate clients

  • Strong interest in global macro markets and market developments

  • Familiarity with credit risk concepts, including CVA, DVA, and FVA

  • Excellent verbal, written, and interpersonal communication skills

  • Strong quantitative, analytical, and problem-solving abilities

  • Familiarity with AI tools, including generative AI and data analytics solutions, and an interest in applying them to sales workflows and market research

  • Strong attention to detail and organizational skills

  • Advanced proficiency in Microsoft Excel and PowerPoint

  • Ability to thrive in a fast-paced, team-oriented environment and perform effectively under pressure

  • Demonstrated commitment to collaboration and achieving team goals

  • Bachelor's degree from an accredited four-year college or university

Job Expectations:

  • Ability to travel up to 10% or as needed

  • Willingness to work on-site in accordance with current office requirements

  • Visa sponsorship is not available

  • Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. FINRA Securities Industry Essentials (SIE), Series 7, and 63 (or 66) 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. Registration for FINRA Series 65 or 66 must be completed prior to conducting Investment Advisory business. 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. 

  • Successful completion of the National Futures Association (NFA) Swaps Proficiency Requirements within 30 days of hire, unless previously completed and current.

  • 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.

  • 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 Locations:

  • 500 West 33rd St. - New York, New York 10001

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.

$143,000.00 - $224,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit  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

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

Work You’ll Do

At Wells Fargo, you will be part of a team that values diversity and is committed to fostering an inclusive culture. We are looking for professionals who are eager to drive innovation and lead with integrity. Our employees are our greatest asset, and we invest in their professional growth through comprehensive leadership and diversity training programs that are recognized industry-wide.

Explore a Multitude of Career Paths

Whether you're interested in a position in finance, IT, customer service, or management, Wells Fargo has career opportunities in various fields. Our team members benefit from job stability, competitive benefits, and a culture that values and rewards performance and dedication.

Internship Programs

Kickstart your career with a Wells Fargo internship. Our programs provide invaluable industry exposure, professional skills development, and networking opportunities that often lead to full-time employment offers. Interns at Wells Fargo work on real projects, solve actual challenges, and gain the mentorship of seasoned professionals.

Professional Growth and Development

We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

Benefits and Rewards

Wells Fargo is committed to the well-being of our team members. We offer a comprehensive benefits package that includes health care, retirement plans, and generous paid time off. Additionally, we provide unique perks like employee discounts, adoption assistance, and tuition reimbursement.

Join Our Team

Discover the opportunities waiting for you at Wells Fargo by exploring open positions that match your skills and interests. We are continuously hiring and looking for individuals who bring creativity, passion, and a drive to serve our customers.

Stay Connected

Keep up to date with the latest from Wells Fargo Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and get insider tips on crafting the perfect resume and acing your interview.

Networking and Innovation

At Wells Fargo, networking and innovation go hand in hand. We encourage our employees to connect across departments and roles to foster new ideas and strategies that lead to groundbreaking solutions.

Empower Your Career

Step into a role at Wells Fargo where your skills will be honed, your achievements recognized, and your career can flourish. We're not just filling positions; we're building leaders who are equipped to navigate the complexities of the financial world. Join Wells Fargo today and be part of a team that’s redefining the future of banking.
Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

Similar Jobs

More Jobs at Wells Fargo

More Finance & Insurance Jobs

Find similar Associate, Corporate Rates Sales jobs: