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Lead Market Risk Officer | Corporate & Investment Banking

Wells Fargo · Charlotte, NC · Yesterday
FinanceFull-time

Wells Fargo is seeking a Lead Market Risk Officer for the Trade Product Stress Team (TPST) within Market & Counterparty Risk Management. TPST oversees regulatory and business-as-usual stress testing initiatives, partnering across lines of business to strengthen risk measurement, regulatory reporting, CCAR execution, scenario design, risk identification, and strategic infrastructure development.

About the role

This role will serve as a team leader for the FR Y-14Q Schedule L execution team, with responsibility for quarterly counterparty regulatory reporting and related annual CCAR deliverables. The selected candidate will maintain project plans, coordinate execution across key stakeholders, and support clear, well-documented regulatory submissions. The ideal candidate will bring deep counterparty risk knowledge, strong understanding of exposure metrics and CCAR/FR Y-14Q requirements, demonstrated success partnering with business and technology teams, technical acumen, and exceptional attention to detail. This individual will gain exposure to senior leadership and regulatory stakeholders, influence strategic risk infrastructure, and collaborate within a high-performing team culture. The role offers meaningful professional growth in a critical area of financial risk management.

Responsibilities

  • Demonstrate strong command of counterparty risk metrics, exposure modeling, and regulatory frameworks, including FR Y-14Q and CCAR.
  • Translate complex data into clear, actionable conclusions with strong attention to detail.
  • Collaborate effectively with business, risk, finance, and technology partners to drive execution.
  • Prioritize work, meet deadlines, and perform effectively in a dynamic, high-pressure environment.
  • Exercise sound judgment in managing multiple priorities, taking initiative, and applying strong judgment in complex situations.
  • Maintain comprehensive knowledge of business, regulatory, and risk requirements related to FR Y-14Q, including awareness of emerging regulatory trends and their implications.
  • Prepare and submit the FR Y-14Q Schedule L Counterparty schedule in accordance with regulatory requirements; analyze reported data to identify trends, explain variances, and attribute exposures.
  • Develop presentations on Schedule L submissions, reporting processes, and control documentation; present findings to regulators, internal audit, and senior management as needed.
  • Document data, processes, and methodology requirements for FR Y-14Q Schedule L submissions; support adherence to Governance and Oversight policies and partner with Enterprise Regulatory Reporting to maintain compliance throughout production and reporting.
  • Partner with Technology to resolve technical issues and contribute to strategic reporting solutions.

Requirements

5+ 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.

Qualifications

  • Proficiency in SQL and Microsoft Office (Excel, PowerPoint).
  • Experience with Credit Valuation Adjustment (CVA) and counterparty exposure calculations.
  • Familiarity with derivatives (e.g., interest rate swaps, CDS, equity options) and securities financing (e.g., repos, securities lending).
  • Work experience in a Middle Office, Collateral Management, or Product Control function.
  • Familiarity with non-cleared, exchange traded and cleared products.
  • Strong analytical skills with high attention to detail and accuracy.
  • Excellent verbal, written, and interpersonal communication skills.

Location

550 S. Tryon Street - Charlotte, North Carolina

Job Expectations

  • Required location listed above. Relocation assistance is not available for this position.
  • 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. 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.
  • Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.

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