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Job description
Senior Market Risk Specialist
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.
MCRM is seeking an experienced Senior Market Risk Specialist with strong technical skills, familiarity with management and regulatory reporting, and a desire to learn about counterparty risk. A successful candidate will be a self-starter and have a strong attention to detail. This role will focus on the production and development of Counterparty management reporting and regulatory reporting, specifically the FFIEC 101, FR-Y9C and FR-Y15. In addition, this role will require regular interaction with other teams across ECRM, middle office, and front office.
In this role, you will:
Lead or participate in risk program development or maintenance and provide oversight of market, interest rate and counterparty risk activities within Market Risk
Contribute to evaluating and approving risk models related to risk management framework
Evaluate and approve moderately complex trading models, market risk, basis risk, delivery risk and counterparty aggregated credit risk exposure on a daily or long-range basis for specific financial products
Consult and implement initiatives with moderate to high risk and lead team to meet market risk deliverables
Leverage solid understanding of risk management challenges and provide input with focus on risk disclosures, remediation, due diligence, suitability, and reputation risk
Collaborate and consult with management and board of directors to provide periodic or scheduled risk reports that present a companywide view of risk management
Required Qualifications, US:
4+ years of experience in one or a combination of the following: trading, desk analyst, Capital Markets, market risk, interest rate risk or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Advanced Microsoft Office skills
Strong analytical skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Ability to interact effectively and confidently with senior management
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to articulate complex concepts in a clear manner
Knowledge and understanding of compiling and preparing executive summaries, whitepaper, and presentations for management/senior leaders
SQL and VBA experience
Familiarity and experience with the Institutions to Institutions Credit Exposure report (Top 50/IICE).
Knowledge and understanding of Counterparty Risk or Market Risk measures and calculations (PFE, CVA, Current and Net Exposure, VaR, Issuer Risk)
Familiarity with shared Excel models, templates and related formatting conventions
Business process and leadership exposure with demonstrated success managing and implementing complex projects and processes
Personal characteristics: comfortable multi-tasking, sound judgment, takes initiative, team player and attention to detail
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.
Worksite address
charlotte, NC, 28245, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.