Option Strategy Specialist

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application. 

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wealth & Investment Management, or WIM, is one of the United States’ leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients’ unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by:

• Building enduring client relationships through sound, thoughtful, and objective advice
• Developing individualized plans for clients to help meet their financial objectives
• Helping clients build, manage, preserve, and transition their financial resources and wealth

WIM serves clients through the following businesses:

• Wells Fargo Private Bank serves high-net-worth individuals and families.
• Wells Fargo Advisors provides investment advice and guidance to clients through more than 13,200 full-service financial advisors and referrals from more than 5,450 licensed bankers. 
• Wells Fargo Asset Management brings together a strategic balance of investment capabilities to serve the investment needs of institutions, financial advisors, and individuals worldwide.

Through Wells Fargo Private Bank, WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services and a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients.

Options Strategy Specialist - The Options Strategy Specialist is responsible for implementing sophisticated and specialized strategies utilizing options including strategy development, analysis, research, trading and risk management. Responsible for the preparation, delivery, and execution of strategy concepts, proposals, and feedback to internal partners in Investment & Fiduciary Services team. This will include technical analysis of option market dynamics and their impact on the broader equity markets. The role establishes a close partnership with the Wells Fargo team members to disseminate a consistent Option Strategy Group (OSG) strategy and support sales efforts.

This position is located in Charlotte, NC. Other locations may be considered such as St. Louis, Minneapolis, Phoenix, Salt Lake City, Dallas, San Antonio, Des Moines
 
Relocation assistance is not available.

Salary range is determined by the location of the job.

The salary range displayed below is based on a Full-time 40 hour a week schedule:

NC-Charlotte: Min: $94,500 Mid: $135,000 Max: $175,500

Salary offered dependent on location.  May be considered for a discretionary bonus

Benefits: Visit https://www.wellsfargo.com/about/careers/benefits/ for benefits information
 

• 8+ years of investment research experience

• 5+ years of wealth or investment management experience
• Excellent verbal, written, and interpersonal communication skills
• An active Chartered Financial Analyst (CFA) designation
• FINRA registration including Series 65 (or FINRA recognized equivalents)
• Knowledge and understanding of interest rate and fixed income derivatives

• 3 + years of experience with listed equity options or equity derivatives (both single stock and index) utilizing both market making and market taking strategies
• 2 + years of experience producing option oriented market research
• Ability to efficiently synthesize information and market perspectives from multiple sources (trading, third party research, independent assessment of market themes), and assist in producing actionable strategy recommendations for internal partners and their clients
• Capable of establishing credibility as subject matter expert among partners and add independent, value-added perspective, ideas, and solution sets
• Distill, gather, and capture data to be used in reporting analysis and performance context
• Develop the ability to explain the performance drivers of a derivative strategies, as well as provide flexible problem-solving to client issues
• Provides supporting functionality to other team aspects   including Trading, Quantitative, and Managerial support
• Bachelor s degree in Economics, Statistics, Mathematics, Computer Science or Engineering 
• Familiarity with FlexTrade or comparable Order Management Systems
• Ability to perform PNL attribution and fine tune strategies accordingly
• Familiarity with volatility dynamics
• Skilled in mathematics, statistics and data mining (linear and non-linear regression analysis)
• Experience working with large datasets of historical price data
• Experience with Fixed Income Derivatives

• Registration for FINRA Series 65 (or 66) must be completed within 90 days of hire date if it is not available for transfer upon hire. FINRA recognized equivalents will be accepted.

NC-Charlotte: 401 S Tryon St - Charlotte, NC

• All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
  
  Relevant military experience is considered for veterans and transitioning service men and women.
  Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.