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Wells Fargo Credit Underwriter NBFI Counterparty Risk 
United Kingdom, England, London 
548528806

03.05.2024


In this role, you will:

  • Evaluate counterparty credit risk based on an understanding of the clients’ risk profiles encompassing quantitative and qualitative measures of credit worthiness. Client types comprise Non-Bank Financial Institutions, such as insurance companies, hedge funds, private equity sponsors, broker/dealers, pension funds, and asset managers.
  • Prepare and submit credit requests, including relevant trading limits, to support counterparty trading relationships in EMEA.
  • Preparing written counterparty annualreviews/transactionalcredit proposals.
  • Spearhead independent portfolio and client due diligence meetings.
  • Negotiate and provide guidance in the negotiation of ISDA/CSAs, GMRAs/MRAs, MSFTA and other legal documentation.
  • Monitor, identify and escalate limit overages, documentation trigger breaches, margin disputes and missed calls
  • Escalate anycounterparties/issuesof concern as necessary.



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
  • Prior experience in creditunderwriting/analysiswith a focus on NBFIs.
  • Experience in dealing with traded products including derivatives, financing trades and structures.
  • Experience negotiating legal documentation (ISDAs/CSAs, MSFTAs, GMRAs/ MRAs).
  • Strong Microsoft Office skills –Excel/PowerPoint/Word.
  • Ability to partner with a wide range of colleagues including sales, trading, legal, operations.
  • Strong analytical and process skills.
  • Excellent communication skills – the ability to write, organize, and present information in a clear and understandable format to a wide range of audiences.
  • Ability to multi-task and work on a variety of time-sensitive tasks / meet deadlines.
  • University Degree in a relevant subject


Desired Qualifications:

  • Prior capital markets risk experience in a global financial institution.
  • An industry body qualification such as CFA, FRM, CAIA.

5 May 2024