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About this role:
Wells Fargo is seeking a Senior Lead Market Risk Officer for its Enterprise Counterparty Risk Management (ECRM) Team. The Enterprise Counterparty Risk Management (ECRM) Team within Market and Counterparty Risk Management (MCRM) is responsible for providing independent identification, monitoring, and credible challenge of counterparty risks across the Wells Fargo Enterprise for all capital markets traded products. ECRM professionals work with the business groups that originate and manage counterparty risk including Corporate and Investment Bank, Commercial Bank, Wealth and Investment Management, Consumer Lending, and Treasury. Capital markets transactions include Derivatives (Rates, FX, Commodities, CDS, and Equities), Securities Trading, and Securities Financing.
In this role, you will:
Lead counterparty risk oversight for Securities Financing (Sec Lending/Borrowing, Repo, Reverse Repo) and Securities Trading.
Lead or participate in risk program development or maintenance and provide oversight of counterparty risk activities.
Review and implement enhancements to the counterparty risk approval frameworks in close collaboration with banking and Credit.
Leverage solid understanding of risk management challenges and provide input with focus on risk disclosures, remediation, due diligence, suitability, and reputation risk
Collaborate across business line functions in development and implementation of new business initiatives.
Provide holistic oversight of counterparty risk across the portfolio, identifying any material shifts in risk profile or credit metrics, escalating as necessary to the relevant stakeholders.
Develop, enhance and generate counterparty risk reports for SFT portfolios.
Assist in day-to-day troubleshooting, including investigating counterparty credit risk system, limit excesses, or model issues then propose potential improvements.
Ensure that non-standard trade structures and documentation can be properly supported by risk systems and models.
Perform ad-hoc analysis (stress testing, scenario analysis) to support risk management decision making and/or management inquiries.
Work with various internal trading desks and credit and risk teams to remediate issues and implement enhancements.
Prepare counterparty credit risk presentations and internal credit documents (policies, procedures, memos)
Confirm successful control execution of SFT related RCSA controls and ensure that control documentation is comprehensive, accurate, and updated.
Foster strong relationships with business partners in Sales and Trading, Banking, Credit, Control, Legal, Operations, Technology, and Risk Analytics.
Required Qualifications:
7+ years of market risk, Capital Markets, securities industry, trading, or interest rate risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
Desired Qualifications:
Extensive experience in managing risk for traded products including Derivatives, Futures/Options, Securities Financing, and Securities Trading.
Extensive experience working with a broad range of capital markets business partners including trading, finance, operations, and technology.
Understanding of derivative hedging structures and counterparty risk implications.
Experience working with derivative pricing models and risk measurement calculations such as PFE, VaR, stress scenarios and risk factor sensitivities.
Experience with reviewing and approving credit terms included in governing documentation (ISDA, MRA, MSFTA, MSLA) of traded products.
Ability to work independently, meet deadlines and work under pressure in a dynamic and fast-paced working environment.
Ability to think critically and formulate independent judgment supported by sound rationale.
Advanced Microsoft Office Skills (Excel VBA).
Proficiency in Microsoft SQL.
Strong analytical skills with high attention to detail.
Strong communication and interpersonal skills with the ability to clearly convey complex topics in a concise manner.
Financial Risk Management Certificate (FRM), Chartered Financial Analyst (CFA), or Master's Degree preferred.
Job Expectations:
Willingness to work on-site at stated location on the job opening.
This position offers a hybrid work schedule.
This position is not eligible for Visa sponsorship.
This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
Posting Locations:
550 S Tryon St, Charlotte, NC
Posting End Date:
7 Apr 2026
*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.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
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-530994