About this role:

Wells Fargo is seeking an experienced individual to lead our Futures Commission Merchant (FCM) business. Responsibilities for this individual will span both sales and trading. The individual will be responsible for both the sales origination and relationship management, agency execution, funding and collateral management, and business development teams. The Head of FCM will be accountable for the overall success and strategic direction of the business. Ensuring regulatory compliance is paramount. This role requires years of experience and knowledge in the futures, options, and cleared swaps industry. Strong leadership skills including years of experience leading teams are required.

In this role, you will:

• Manage and develop Securities and Trading teams of managers and professional individual contributors with focus on delivering services of moderate to high complexity and risk for cross-functional stakeholders and internal partners associated with Securities and Trading functional area
• Provide a wide range of capital market products and services to corporate, government and institutional clients
• Develop and implement an Securities and Trading Sales operating model to create an industry leading approach towards consumer remediation
• Serve as expert on policies, regulatory, and compliance requirements, ensuring that transactions are fully documented and processed accurately and in a timely manner
• Communicate bank policy information and strategy between the product head and relevant trading personnel
• Lead a team of managers or experienced professionals and develop sales strategies for trading professionals in order to achieve business objectives
• Exercise an informed perspective on market data, economic information, and key industry developments as well as regulatory standards at all times to assist in maximizing profitability through sound and well informed decisions
• Collaborate with and influence all levels of professionals, including experienced management, on strategy, operations management, and on building organizational effectiveness as well as performance
• Manage allocation of people and financial resources for General Management
• Develop and guide a culture of talent development to meet business objectives and strategy

Required Qualifications:

• 8+ years of Trading and Securities Sales Leadership experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 4+ years of Management experience
• Must hold active Series 3, Series 30, and Series 24 securities licenses and be in good standing with FINRA and NFA

Desired Qualifications:

• 10+ years of experience in Equities or FCM industry
• 5+ years of experience in a leadership role
• Exceptional communication and leadership skills
• Deep knowledge of CFTC and NFA rules and regulations
• Experience with FCM risk management platforms
• Experience with FCM electronic trading platforms

Job Expectations:

• Develop and implement a strategic vision for the FCM business while aligning with the broader goals of Equities and CIB Markets
• Develop and maintain a high-performing team across all areas of focus (i.e., sales, trading, collateral management)
• Develop FCM product capabilities to serve an expanding client base
• Ensure absolute adherence to CFTC and NFA rules and regulations including a robust compliance framework
• Identify and implement strategies to optimize financial resources and generate shareholder value
• Address client concerns promptly and effectively

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

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:

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

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

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.