About this role:
This role supports daily trading operations across structured products desks, including RMBS, ABS, CMBS, CLO, Reverse Repo, and Loan TRS. Responsibilities include trade support, P&L reporting and attribution, risk and regulatory reporting, reconciliation of discrepancies, and partnering with traders and internal teams to ensure accurate and efficient trade lifecycle management.
In this role, you will:
Conduct real time P&L for all ABF trading desks
Monitor various real time risk indicators such as trade & position blotters, 5Y & 10Y duration, trading & position PNL, to ensure trading desk risk is accurate
Make sure securities are properly built by assembling product build sheets for internal CUSIP setup, deals are properly booked, and coordinates with settlements to ensure each deal settles on day of settlement
Audit requests from regulators by pulling relevant data or reaching out to technology teams to assist in the gathering of data that is then passed along to upper management for review
Lead and implement complex initiatives of profit and loss generation and attribution
Participate in cross functional planning Capital Markets Middle Office
Review and analyze complex products that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
Research, analyze, and resolve complex trade-related issues and discrepancies
Collaborate and consult with peers, colleagues, and senior managers to resolve trade issues
Required Qualifications:
2+ years of Capital Markets industry experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
2+ years of experience in a Middle Office, Risk, or related function, preferably supporting Residential Mortgage-Backed Securities (RMBS) trading platforms
Demonstrated expertise in P&L attribution, including analysis, reconciliation, and reporting
Deep understanding of RMBS pass-through bond pricing and risk drivers
Proven operational experience managing complex transactions within a Middle Office or similar environment
Strong knowledge of new issue bonds, resecuritization, deal structuring, OTC products, and FINRA TRACE reporting
Ability to prioritize effectively, manage multiple workflows, and think critically in a fast-paced, deadline-driven environment
Advanced proficiency in Microsoft Office tools, particularly Excel (including data analysis and modeling); experience with Access and VBA is a plus
Experience with industry-standard trading and risk platforms such as Bloomberg, Calypso, and Broadridge strongly preferred
Job Expectations:
Ability to work a hybrid schedule
Willingness to work on-site at stated location on the job opening
Ability to work additional hours as needed
This position is not eligible for Visa sponsorship
Posting Location:
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. 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.
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.
Posting End Date:
12 Sep 2026
*Job posting may come down early due to volume of applicants.
