Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as 'Personal Cell' or 'Cellular' in the contact information of your application.

At Wells Fargo, we want to satisfy our customers' financial needs and help them succeed financially. We're looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you'll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Corporate Risk helps all Wells Fargo businesses identify and manage risk. The team focuses on several key risk types, including conduct, credit, financial crimes, information security, interest rate, liquidity, market, model, operational, regulatory compliance, reputation, strategic, and technology risk.

The group provides leadership, enhances communications, assists with problem identification and solutions, and shares best practices. In addition, the group provides an enterprise-wide view of risk, assists management and our Board of Directors in identifying and monitoring risks that may affect multiple lines of business, and takes appropriate action when business activities exceed the risk tolerance of the company.

The Market and Counterparty Risk Management (MCRM) team is responsible for independently overseeing the management of MCRM risk exposures (including monitoring and reporting on aggregate exposures across groups, legal entities, geographies, and jurisdictions) and the quality of market and counterparty risk practices across the company.

The Enterprise Counterparty Risk Management (ECRM) organization within MCRM is responsible for ensuring an appropriate Risk Management framework exists for products offered by the primary trading and lending desks, with particular emphasis on Counterparty Credit Risk. A Risk Management framework includes the identification, measurement, approval, pricing, aggregation and reporting of counterparty credit risk.

The Counterparty Risk Portfolio Monitoring team within the ECRM organization is responsible for monitoring and performing daily variance, trend, and concentration analysis across all counterparty metrics. The team will need to develop a robust platform that allows for effective risk management and strong credible challenge.

Primary responsibilities for the position will include, but not be limited to:

• Establish comprehensive counterparty exposure monitoring program and relevant processes for enhanced risk oversight
• Establish and review daily reports and understand the variables and market factors that impact the firm's counterparty credit risk
• Interact frequently with Regulatory bodies for updates on counterparty exposure and trends as well as topic-specific requests
• Provide an analytical viewpoint to credibly challenge decisions related to counterparty risk processes and exposures results
• Review and approve impact analysis for all metrics on new products, PFE model and process changes
• Lead daily and/or trigger based market updates on counterparty risk portfolio and provide on-demand reporting based on market driven events
• Develop strong connectivity with Credit Administration on daily MPE limit utilization trends
• Develop strong connectivity to governance activities, including risk appetite metrics, new limit structures, and other governance programs
• Collaborate with many stakeholders across the platform including risk, FO, technology, data and reporting functions to enhance tools and processes
• Understand relevant business, regulatory and risk requirements pertaining to ECRM as well as maintain an awareness of current regulatory trends and resulting impacts
• Contribute to firm-wide initiatives and regulatory requirements
• Respond to ad-hoc requests for data and/or presentations from senior managers, regulators, auditors, and other sources

• 7+ years of experience in one or a combination of the following: market risk, capital markets, trading, or interest rate risk

• Risk management experience
• SQL experience
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Knowledge and understanding of risk management in credit, market, or operations
• Excellent verbal, written, and interpersonal communication skills
• Strong analytical skills with high attention to detail and accuracy
• Advanced Microsoft Office skills

• Undergraduate degree in finance, mathematics, engineering or related field, with an Advanced degree in related field highly preferred
• FRM or other similar risk certification
• Strong understanding of counterparty and/or market risk measures and calculations
• In-depth experience interacting with Regulatory bodies and internal Audit
• Experience with capital markets activities in a variety of asset classes and traded products, including sensitivities of counterparty risk
• Comfort using large data sets and queries and applying them to analytical analysis
• Familiarity with various mathematical, statistical and risk packages
• Familiarity with trading desk operations and systems
• Ability to generate and format presentations within specific standards for senior management
• Exposure to regulatory framework for traded products, including Dodd-Frank and Basel

NC-Charlotte: 301 S College St - Charlotte, NC

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.



Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.