Wells Fargo Senior Market Risk Specialist - Counterparty Management 

United States, North Carolina, Charlotte 

99541907

In this role, you will:

• Work closely with Structured Products Trading desks to monitor, report and risk manage one of the most complex trading areas utilizing Value-at-Risk (VaR), stress testing and other ad hoc tools.
• Collaborate with quantitative model developers and technology to identify potential system gaps, new features, and modeling enhancements to improve market risk measurement practices.
• Actively review desk’s daily end-of-day positions, understand their market performance, and reconcile with VaR back testing to identify & escalate key market risks for the portfolio.
• Analyze the desk's trading strategy and any elevated risk transactions to understand, communicate and challenge risk decisions.
• Contribute to other key deliverables such as CCAR, FRTB, and Volcker reporting.
• Work closely with middle office and other operations teams to ensure the daily risk reports capture the full trade population, exposures, and risk accurately.
• Manage RMBS desks’ Volcker metric reporting and produce quarterly Reasonably Expected Near Term Demand analysis to allow the desk to claim Market Making exemption under the Volcker framework.

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:

• A BS/BA degree or higher in finance, mathematical finance, economics, engineering, mathematics, or physics is ideal
• Industry certifications such as FRM or the CFA designation.
• Experience in asset-backed markets and associated traded products, such as RMBS, CMBS, ABS, and CLO
• Expertise in fixed income and derivative securities
• Advanced Microsoft Excel skills
• Exhibit strong aptitude in SQL, Python, VBA and/or other computer programming languages
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Experience developing partnerships and collaborating with other business and functional areas
• Ability to take initiative and work independently with minimal supervision in a structured environment

Posting Locations:

• 550 S. Tryon Street - Charlotte, North Carolina

Job Expectations:

• Required location listed above.
• 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 personalinvesting; affectedemployees 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.

Wells Fargo Recruitment and Hiring Requirements:

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.