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Wells Fargo Senior Market Risk Specialist United States, New York, New York 139351689
18.02.2025
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In this role, you will:
- Utilize market risk measures such as VaR, stress scenarios and risk factor sensitivities to monitor, report and constrain market risk exposures originating from the market-making activities of the FX Trading business.
- Collaborate with CMRG management, FX Market Risk Oversight and FX Trading team members to maintain an effective and comprehensive market risk mandate.
- Maintain and enhance market risk reporting routines to effectively communicate risk concentrations, market risk limit usage and sources of trading profit/loss.
- Engage with FX Trading team members and CIB business partners to ensure sufficient market risk support for new business initiatives.
- Analyze complex models and products to ensure comprehensive market risk capture, consistent with the market risk mandate and higher-level risk management policies.
- Participate in recurring regulatory and risk management engagements such as Comprehensive Capital and Analysis Review (CCAR), stress scenario design and Volcker metric review.
Required Qualifications:
- 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:
- Experience working with a broad range of capital markets business partners including trading, quantitative partners, finance, operations, and technology, to complete shared business objectives.
- Experience in foreign exchange products, pricing models and markets.
- Ability to work independently, meet deadlines and work under pressure in a dynamic and fast-paced working environment.
- Strong understanding of derivative pricing models and risk measurement calculations such as VaR, stress scenarios and risk factor sensitivities.
- Advanced Microsoft Office Skills (Excel VBA).
- Proficiency in Microsoft SQL.
- Strong analytical skills with high attention to detail.
- Strong spoken and written communication skills.
- Financial Risk Management Certificate (FRM) preferred.
- Chartered Financial Analyst (CFA) preferred.
- BS/BA degree or higher.
Job Expectations:
- Ability to work at one of the approved locations in the job posting.
- This position is subject to FINRA BackgroundScreening Requirements, including successfulcompletion and clearing of a background check.Internal transfers are subject to comply with 17 CFR240.17f-2 of the Securities Exchange Act of 1934and FINRA Bylaws, Article III, Section 3, whichstates that Associated Persons should not besubject to statutory disqualification. Successfulcandidates must also meet ongoing regulatoryrequirements including additional screening andare required to report certain incidents.
- This position is not eligible for Visa sponsorship.
- Compliance with in-office policy.
Job Location:
- 500 W. 33rd Street – New York, New York
U.S. Only – Pay Range:
New York – New York Pay Range: $133,300 - $237,100 USD annual
Pay Range
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit for an overview of the following benefit plans and programs offered to employees.
- Health benefits
- 401(k) Plan
- Paid time off
- Disability benefits
- Life insurance, critical illness insurance, and accident insurance
- Parental leave
- Critical caregiving leave
- Discounts and savings
- Commuter benefits
- Tuition reimbursement
- Scholarships for dependent children
- Adoption reimbursement
Wells Fargo Recruitment and Hiring Requirements:
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
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