Lead Market Risk Officer

About this role:

Wells Fargo is seeking a Lead Market Risk Officer. This role sits within the Credit and Municipal Market Risk Oversight team, supporting Credit Sales & Trading, Municipal Products Group, and Global Secured Trading businesses. The position focuses on risk governance, model oversight, stress testing, and data-driven risk analysis, partnering closely with Front Office, Risk Analytics, Finance, and Technology. The Corporate Market Group is responsible for ensuring the completeness and accuracy of all market risk measurements, including risk factor sensitivities, Value-at-Risk (VaR) and stress scenarios.

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In this role, you will:

• Utilize market risk measures such as Value-at-Risk (VaR), stress scenarios and risk factor sensitivities to monitor, report and mitigate market risk exposures originating from the market-making activities of the Credit Sales & Trading and Municipal Products Group business as well as the Global Secured Trading business.
• Partner with Front Office leadership, trading desks, and key CIB stakeholders to provide strategic market risk guidance and independent challenge for new business initiatives, product expansions, and evolving trading strategies.
• Lead end-to-end risk assessments to ensure new activities are supported by appropriate risk frameworks, limits, measurement capabilities, governance, and controls, while facilitating alignment with the firm's risk appetite, regulatory expectations, and New Business Initiatives (NBI) governance processes.
• Analyze complex models and products to ensure comprehensive market risk capture, consistent with the market risk mandate and higher-level risk management policies.
• Collaborate with CMRG management, Credit & Municipal Market Risk Oversight team members to maintain an effective and comprehensive market risk framework across coverage areas.

Required Qualifications:

• 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

Desired Qualifications:

• Prior risk experience in leading risk governance and oversight activities across trading businesses, including assessment of risk exposures, limit frameworks, utilization trends, escalation protocols, and adherence to market risk policies, risk appetite, and regulatory expectations.
• Demonstrate experience in challenge of quantitative methodologies and risk models through performance monitoring, model validation engagement, and assessment of key assumptions, limitations, and evolving market dynamics.
• Advanced technical proficiency in risk analytics and data management tools, including Microsoft Excel/VBA and the development of scalable analytical solutions to support risk measurement, reporting, and governance.
• Strong SQL and data interrogation capabilities with experience leveraging large and complex datasets to identify risk concentrations, emerging trends, and actionable insights.
• Exceptional analytical, quantitative, and problem-solving skills, with the ability to synthesize complex market risk information and evaluate the implications of changing market conditions across products and portfolios.
• Executive-level communication and influencing skills, with a proven ability to translate complex market, trading, and risk concepts into clear, concise, and actionable insights for senior management, governance committees, and regulators.

Job Expectations:

• Required location(s) listed above. Relocation assistance is not available for this position.

• This position offers a hybrid work schedule
• This position is not eligible for Visa sponsorship
• This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
• Specific compliance policies may apply regarding outside activities 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. Information will be shared about expectations during the recruitment process

Job posting may come down early due to volume of applicants

Posting End Date: 

*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.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace.  Please see our 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.