About this role:

Wells Fargo is seeking a Lead Market Risk Officer within Corporate & Investment Bank (CIB) Portfolio Risk. This role will support the Aggregate Market and Counterparty Risk Oversight team by proactively assessing risk across the company, individual businesses, and legal entities to provide a consolidated view of market and counterparty risk. The role will identify material exposures, concentrations, trends, and changes in risk profile and provide clear analysis for senior management, governance committees, and regulators. The position will also support the Statement of Risk Appetite process, with a significant focus on establishing, calibrating, and maintaining risk appetite boundaries in coordination with relevant business, oversight, and control teams.

In this role, you will:  

• Provide aggregate oversight of market and counterparty risk across the company, businesses, and legal entities
• Identify material exposures, concentrations, trends, and emerging risks
• Analyze changes in risk profile and communicate clear conclusions to senior audiences
• Support the design, calibration, and maintenance of Statement of Risk Appetite boundaries
• Perform analysis and benchmarking to assess proposed boundary changes
• Coordinate boundary development across relevant business, oversight, and control teams.
• Develop presentations of proposed changes for governance and risk committees and senior leaders for review and approval
• Assess alignment of boundaries with strategy, financial resources, risk capacity, and market conditions
• Provide independent analysis and challenge of business- and legal entity-level risk
• Prepare executive materials on aggregate risk, boundary utilization, and significant risk changes
• Improve risk aggregation, analytics, reporting, controls, and governance processes
• Lead complex initiatives and provide guidance to key business partners

Required Qualifications:

• 5+ 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:

• Knowledge of market and counterparty risk across businesses, products, and legal entities
• Knowledge of market and counterparty risk methods and measures, including VaR, stress testing, sensitivities, MPE (Maximum Potential Exposure), and net current exposure
• Experience with risk appetite, boundary calibration, and governance processes
• A BS/BA degree or higher in finance, economics, accounting, mathematics, statistics, engineering, or a related field
• Strong analytical and risk management experience, with close attention to data quality, methodology, and control considerations

• Excellent verbal, written, and interpersonal communication skills, with the ability to influence stakeholders without direct authority
• Ability to synthesize complex information and communicate clear conclusions to senior audiences

Job Expectations:

• Willingness to work on-site at stated location on the job opening
• Relocation Assistance not available
• This position currently offers a hybrid work schedule
• This position is not eligible for Visa sponsorship
• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
• Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Job Posting Locations:

• 550 S Tryon St, Charlotte, NC

Posting End Date: 

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

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. 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.

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 Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

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.

c. Please be prepared to provide accurate information and supporting documentation in connection with any lawful employment and education verification conducted by Wells Fargo.