Wells Fargo is seeking a Software Engineer as part of Commercial and Corporate & Investment Banking Technology, Capital Markets Risk Technology Team. The Capital Markets Risk Technology Data Strategy Team (CMRTDS) provides business solutions to support Enterprise Market and Counterparty Risk (MCRM) and other Risk teams. CMRTDS works with its business partners in identification, measurement, aggregation and reporting of Financial Risk across the firm. The department works closely with the lines of business to ensure that risks are being appropriately managed within the defined risk appetite for the firm. The Risk systems perform valuation, simulation, aggregation and reporting of risk metrics and models on all simple (bonds) and complex (structured products, derivatives) security products. Team members will work with advanced mathematical models, theoretical pricing, statistical and stochastic models, VaR (Value at Risk), PFE (Potential Future Exposure), IMM (Internal Model Methodology), and stress. The Risk systems are comprised of intraday and overnight batch processes that handle staging for all trading position data and market data required for risk modeling as well as making this data available to the various risk valuation systems. Quantitative models and reporting support trading activities as well as regulatory and business reporting requirements.
In this role, you will:
Participate in analysis, design, and development of risk platform enhancements aligned to the data strategy and target state architecture.
Analyze/interpret the Data Modernization strategy across impacted disciplines, and develop and implement best-of-class data solutions.
Partner with Business and Technology in support of formalization of business requirements, translation of business requirements into detailed technical requirements, and participation in Agile-based workstreams via use of Jira.
Assure quality, security and compliance for supported systems and applications
Review and evaluate user needs and determine requirements
Assist with refinement, and adherence to, Wells Fargo Agile Adoption Methodology
Understand and participate to ensure compliance and risk management requirements for supported area are met and work with stakeholders to implement key risk initiatives
Conduct research and resolve problems in relation to processes and recommend solutions and process improvements
Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
Support implementation of solutions spanning multiple teams for multiple product or capability domains
Ensure compliance and risk management requirements for supported areas are met
Required Qualifications:
2+ years of Specialty Software Engineering experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
2+ years of Agile experience
2+ years of SQL experience
2+ years of Data Engineering Analysis
Desired Qualifications:
2+ years experience with SQL/Excel, Data Supply Chain management
2+ years experience change management, release coordination, and delivery
2+ years knowledge and understanding of data trade data management for reporting and quantitative analytics
2+ year knowledge and understanding of risk measures and calculations ( VaR, CVA, FPE, dv01, delta, vega, gamma)
A BS/BA degree or higher
Job Expectations:
This position is not eligible for Visa sponsorship
Relocation assistance is not available for this position
Position offers a hybrid work schedule
Posting Location:
150 E 42nd St. New York, NY 10017
Metro Park, 194 Wood Avenue South, Iselin, New Jersey 08830
300 S Brevard Street, Charlotte, NC 28202
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.
$37.02 - $69.71
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) 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
Posting End Date:
2 Oct 2025
*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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-495840
