Senior Market Risk Specialist

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 :

Desired Qualifications :

Job Expectations :

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.