About this role:
Wells Fargo is seeking a Lead Derivatives Valuation Controller to join the Controller’s organization. This role is critical in ensuring the integrity of valuations across complex commodity derivative products through independent price verification (IPV), valuation control, and risk analytics. The position requires strong technical expertise, analytical rigor, and the ability to lead initiatives that strengthen risk management frameworks and support regulatory compliance.
In this role, you will:
Execute and review independent price verification (IPV) processes for commodity derivatives, ensuring accuracy and completeness of valuations
Validate forward pricing (fixed and basis) and assess commodity volatility surface calibration across markets
Apply valuation adjustments and maintain appropriate Fair Value Hierarchy (FVH) classifications and reporting
Lead moderately complex initiatives focused on risk analytics, reporting enhancements, and process improvements
Aggregate, analyze, forecast, and reconcile large datasets to support key risk metrics, dashboards, and business insights
Prepare and deliver monthly IPV results, aged inventory analysis, and valuation commentary for stakeholders
Ensure compliance with internal policies, control frameworks, and regulatory requirements, supporting audits and examinations
Document valuation methodologies, models, and controls in alignment with governance standards
Partner with Market Risk, Model Risk, Product Control, and other cross-functional teams to strengthen valuation processes
Mentor junior team members and provide technical guidance while leading cross-functional initiatives
Required Qualifications:
5+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
Bachelor’s degree in Finance, Economics, Mathematics, or a related discipline
Strong knowledge of valuation methodologies, control frameworks, and risk management practices
Advanced proficiency in Excel
Hands-on experience with commodity derivatives and IPV processes, including forward pricing and volatility calibration
Understanding of Fair Value Hierarchy (FVH) and valuation reporting
Experience with vendor data platforms such as Markit/Totem, RVS, Bloomberg, or Reuters
Advanced technical skills in SQL and Python for data analysis and automation
Deep knowledge of commodity markets and derivative products (e.g., energy, metals, agriculture)
Proven ability to manage projects and influence stakeholders in a matrixed environment
Job Expectations:
This position is not eligible for Visa sponsorship
This position offers a hybrid work schedule from our Houston or Charlotte locations
Posting End Date:
18 Jun 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.
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.
