Senior Market Risk Specialist
About This Role
Wells Fargo is seeking an experienced Senior Market Risk Specialist to support the Traded Products Market Risk Capital (TPMC) team within the Market and Counterparty Risk Management - Data, Information, Stress & Capital (MCRM-DISC) organization. This role is responsible for the calculation and production of regulatory market risk capital and Risk-Weighted Assets (RWA) for capital markets traded products.
Responsibilities
- Lead the development and production of RWA analysis, reporting, governance, and supporting infrastructure, partnering closely with Front Office, Risk Analytics, Model Risk, Finance, and Technology.
- Prepare and support regulatory submissions and internal management reporting, ensuring accuracy & completeness.
- Analyze and explain drivers of RWA movements, sensitivities, and impacts from market activity, data changes, or methodology updates.
- Partner with Front Office, Market Risk Analytics, Finance, Model Risk, and Technology to resolve data, methodology, and reporting issues.
- Support regulatory exams, internal audits, and governance reviews, including responses, documentation, and remediation tracking.
- Drive enhancements to risk infrastructure, data quality, and reporting process improvements, including automation and controls.
- Ensure market risk capital processes align with internal policies and regulatory expectations.
Requirements
- 4+ years of experience in one or a combination of the following: trading, desk analyst, Capital Markets, market risk, interest rate risk or equivalent.
- In-depth knowledge of capital markets traded products across asset classes.
- Demonstrated hands-on experience with Market Risk RWA, capital reporting, CCAR, Basel, or regulatory risk frameworks.
- Strong understanding of market risk metrics and capital calculations (e.g., VaR, stress testing, sensitivities).
- Proven ability to partner cross-functionally with Front Office, Risk, Finance, Model Risk, and Technology teams.
- Experience working with market risk data, reporting infrastructure, reconciliations, and controls.
- Proven ability to clearly explain complex risk and capital concepts to senior management and non-technical stakeholders.
- Experience contributing to process improvements, system enhancements, or data remediation initiatives.
- Strong attention to detail, documentation discipline, and ownership mindset.
- Hands-on experience with SQL or similar query languages to extract, analyze, reconcile, and validate large-scale market risk, exposure, and capital datasets across risk and reporting systems.
Qualifications
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: Experience in Market Risk, Market Risk Capital, Treasury, or Capital Management within a large financial institutionIn-depth knowledge of capital markets traded products across asset classesDemonstrated hands-on experience with Market Risk RWA, capital reporting, CCAR, Basel, or regulatory risk frameworksStrong understanding of market risk metrics and capital calculations (e.g., VaR, stress testing, sensitivities)Proven ability to partner cross-functionally with Front Office, Risk, Finance, Model Risk, and Technology teamsExperience working with market risk data, reporting infrastructure, reconciliations, and controlsAbility to clearly explain complex risk and capital concepts to senior management and non-technical stakeholdersExperience contributing to process improvements, system enhancements, or data remediation initiativesStrong attention to detail, documentation discipline, and ownership mindsetHands-on experience with SQL or similar query languages to extract, analyze, reconcile, and validate large-scale market risk, exposure, and capital datasets across risk and reporting systems
Job Expectations
- Willingness to work on-site at location listed below
- Relocation Assistance not available
- This position is not eligible for Visa sponsorship
Posting End Date
9 Jul 2026