In this role, you will:
- Perform Legal entity Interest Rate Risk (IRR) assessments and continuous monitoring of various branches and legal entities, including respective ALM risk measurements and analytics.
- Communicate with multiple business partners including risk and line of business staff, risk management partners in treasury, market, credit, investment, and technology functions. Work with these teams to understand the business, risk appetite, risk profile and risk metrics of the entities.
- Support development of appropriate ALM risk measurements and limits, work with reporting and analytics teams to ensure proper communication and escalation of risk issues to stakeholders and oversight committees.
- Work with stakeholders to ensure compliance with local ALM risk regulatory expectations and the firm’s Risk Management Framework.
- Support stress testing, regular review, and formal challenge sessions in the context of business as usual and stress testing analysis.
Required Qualifications:
- Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- Balance sheet-wide interest rate risk management experience in either a front line, independent risk management (IRM), audit or regulatory capacity. Experience should include risk measurement, reporting and analysis.
- Demonstrate a strong understanding of IRR management tools (e.g. economic value of equity and earnings at risk), capital markets, wholesale funding and hedging. Experience with financial and accounting concepts.
- Demonstrate familiarity with IRR models in theory and practice. QRM experience is a plus.
- Possess strong analytical skills with high attention to detail and accuracy as well as the ability to understand problems, identify solutions and develop clear options and recommendations.
- Ability to work with others collaboratively for team success.
- Demonstrate excellent verbal, written, and interpersonal communication skills; experience presenting to senior management.
29 Apr 2025
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.