Wells Fargo Listed Option Trader Retail Equities 

United States, Missouri, Saint Louis 

41511051

In this role, you will:

• Participate in daily transactions of option orders and identify opportunity for communication, and system improvements within Retail Options Trading
• Review and analyze basic trading systems, market structures, trading risks, and exercise independent judgment to guide market liquidity, volatility, and pricing deliverables
• Execute and route orders from retail financial advisors, Correspondents and Investment Advisors
• Present recommendations for resolving complex transactions and exercise independent judgment while developing expertise in trading strategies, compliance, and risk
• Collaborate and consult with peers, manager and internal partners to assist Financial Advisors, Correspondents and Investment Advisors, as well as customers
• Discuss client positions and market conditions to provide guidance/assistance to Financial Advisors
• Review bid/ask prices and displayed liquidity in an effort to obtain best execution for large/complex orders
• Execute complex client trades with smartrouters and floor brokers
• Review options trading and documentation for compliance with internal policies and regulatory requirements

Required Qualifications:

• 2+ years of Trading, Customer Service experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Option trading experience
• Knowledge and understanding of trading desk or capital markets operations
• Proficient with BETA and SmartStation platforms, NGO (order management system) experience a plus
• Ability to maintain and build broker/dealer relationships, bringing credibility and visibility to our efforts.
• Excellent communication skills and ability to articulate complex material to a diverse audience
• FINRA registration including Series 7 (or FINRA recognized equivalents)
• FINRA registration including Series 63 (or FINRA recognized equivalents)

Job Expectations:

• Registration for FINRA Series 7 must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted
• Obtaining and/or maintaining appropriate FINRA license(s) is required for ongoing employment in this position. 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 may also be required

Posted Location:

• 2801 Market Street – Saint Louis, MO 63103
• Required locations listed above. Relocation assistance is not available for this position.

25 Aug 2024

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.