Market Risk Specialist, Corporate and Investment Banking Risk

About this role:

Wells Fargo is seeking a Market Risk Specialist to join the Market Risk Cross Functional Oversight team within the Corporate Market Risk Group (CMRG). The team supports trading desk oversight, regulatory initiatives, market risk reporting, governance processes, and cross-functional programs across multiple product areas. Additionally, this role will support the implementation and ongoing execution of the Fundamental Review of the Trading Book (FRTB) framework, including trading desk governance, regulatory compliance activities, risk measurement processes, control execution, documentation, and stakeholder coordination.

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In this role, you will:

• Develop and maintain analytics, reporting, and process support solutions that improve risk transparency, monitoring effectiveness, governance consistency, and management decision-making.
• Prepare analysis, summaries, and supporting materials related to market risk, regulatory, and control initiatives for management review and stakeholder discussions.
• Support cross-functional regulatory initiatives and remediation activities by coordinating assigned workstreams, tracking deliverables, and assisting with execution across Front Office, Risk, Finance, Technology, and Control partners.
• Provide analytical support for independent oversight activities across trading desks and market risk programs, including FRTB implementation, Profit and Loss attribution (PLA), regulatory compliance monitoring, and identification of risks or control issues requiring escalation.
• Support FRTB-related processes, including trading desk governance, model eligibility and performance monitoring, market risk capital methodologies, attribution analysis, and regulatory reporting readiness.
• Contribute to governance activities for market risk methodologies, controls, processes, regulatory obligations, and remediation efforts through analysis, documentation, and issue tracking.
• Maintain documentation, governance records, and supporting evidence for market risk oversight activities, regulatory engagements, internal audits, issue remediation, and control effectiveness reviews.
• Review and summarize key risk indicators, policy exceptions, control gaps, and emerging issues in accordance with governance standards and established escalation protocols.
• Collaborate across trading, finance, risk, technology, and control functions to support risk identification, assumption review, process improvement, and sustainable control outcomes.

Required Qualifications:

• 2+ years of market risk, Capital Markets, desk analyst, trading, interest rate risk or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Bachelor’s degree or higher in Finance, Engineering, Accounting, Economics, Mathematics, or a related field.
• Strong analytical skills with hands-on experience using Python, SQL, or similar tools to analyze, automate, and present risk-related information.

• Experience with business intelligence and productivity tools such as Excel, Power BI, or similar reporting platforms.
• Knowledge of derivative products, pricing concepts, and market risk measures such as Value-at-Risk (VaR), stress scenarios, risk factor sensitivities, and related analytics.
• Ability to work independently and collaboratively, manage assigned deliverables, meet deadlines, and operate effectively in a dynamic risk management environment.
• Strong written and verbal communication skills with the ability to summarize market risk, regulatory, and control-related information clearly for stakeholders and management.
• Familiarity with market risk capital rules, trading desk governance, market risk measurement methodologies, profit and loss attribution concepts, and related governance expectations.

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 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 Locations:

·         550 S. Tryon Street - Charlotte, North Carolina

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.