Associate, Equity Derivatives & QIS Structuring

About the Role

Wells Fargo is seeking a highly skilled and motivated Associate to join our Equity Derivatives and QIS Structuring team. This role involves:

• Designing, structuring, and maintaining Quantitative Investment Strategies (QIS) indices.
• Structuring, pricing, and executing equity-linked structured products.

The successful candidate will leverage quantitative, programming, and product expertise to build investment solutions for diverse client needs, working closely with Sales, Trading, and partner teams to support origination.

Key Responsibilities

QIS Structuring

• Research, develop, and evaluate new quantitative investment strategies and index solutions across linear and non-linear markets, leveraging derivatives, alternative data, and machine learning techniques.
• Support the creation and integration of new indices in the QIS production environment, including testing systems, back-testing algorithms, preparing trade and activity approval memoranda, and presenting them in approval committees.
• Build tools using Python to support QIS index design and contribute to the digitalization of the QIS platform in the Americas.
• Partner with sales teams and clients to design customized QIS solutions for institutional and retail distribution channels, and identify new opportunities.
• Prepare marketing and presentation materials and market updates, and engage with sales teams and clients to showcase capabilities and originate new business.
• Monitor and analyze performance across the firm’s systematic strategy offerings, providing insights and recommendations.

Equity Derivatives Structuring

• Structure, price, and execute equity-linked structured products, including market-linked notes, certificates of deposit, and other derivative-based investment solutions.
• Analyze derivative payoffs, risk-return profiles, funding economics, and hedging considerations.
• Generate and evaluate new product ideas, innovative payout structures, and strategic investment themes, informed by market developments, competitive trends, and client demand.
• Partner with Sales and Trading teams to tailor structured product solutions to client objectives and prevailing market conditions.
• Build and maintain pricing tools, analytics, and reporting infrastructure.
• Support the product approval and launch process by coordinating with Origination & Execution, Legal, Compliance, Risk, Operations, and Technology teams, and review offering documentation.

Requirements & Tech Stack

• Python for tool building and QIS index design.
• Familiarity with equity volatility products, including variance swaps, dispersion, gamma, skew, and carry strategies.
• Experience working across institutional and retail product distribution.
• Proficiency in quantitative finance and coding.

Qualifications

• 2+ years of Securities Sales Trading experience, or equivalent demonstrated through work experience, training, military experience, or education.
• Advanced degree (e.g., M.S.) in a quantitative discipline, such as financial engineering or financial mathematics (desired).
• Strong analytical and quantitative skills.
• Ability to manage multiple priorities and work effectively in a fast-paced environment.
• Strong verbal and written communication skills, work ethic, attention to detail, risk awareness, and team-oriented mentality.
• Experience designing, launching, promoting, and maintaining QIS indices and/or pricing and executing equity-linked structured products.
• Strong understanding of market structure and market behavior.
• Strong understanding of product lifecycle management.
• Autonomous, fast learner, and results driven.

Job Expectations

• Up to 10% travel.
• Obtaining and/or maintaining appropriate FINRA license(s) is required. Series 7 and 63 examinations, or equivalent, must be completed within a specified time period following commencement of employment.
• This position is subject to Dodd-Frank Background Screening Requirements.
• This position is subject to FINRA background screening requirements.
• Specific compliance policies may apply regarding outside activities or personal investing.

Pay Range

$143,000.00 - $224,000.00

Benefits

• 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