Lead Market Risk Officer

About this role:

Wells Fargo is seeking a Lead Market Risk Officer for the Data Management & Maintenance (DMM) – Data Controls team within Market & Counterparty Risk Management (MCRM).  The Data Controls team is responsible for performing daily, weekly, monthly, and quarterly control processes monitoring completeness and accuracy of the data within the MCRM data domains.  Team members have a breadth of experience spanning risk management, middle office, finance, accounting, operations, regulatory capital, stress testing, and possess solid technical skills.  Key responsibilities include various technical reconciliations (position population oversight and monitoring), financial reconciliations (position level, legal entity, line of business, product type, accounting classification), data quality (exception monitoring, data element and control checks, remediation and issue tracking), and risk system processing and maintenance (risk views and rollups, risk hierarchy, legal entity structure, inventory mapping).  This role will have a strong focus on the financial accuracy and completeness of risk populations.

Learn more about career areas and business divisions at www.wellsfargojobs.com .

In this role, you will:

• Act as an advisor to experienced leadership to develop, influence, and interpret analysis for monitoring and oversight of portfolio and deliver insight and decision strategies, with long term goals for highly complex business analysis and modeling companywide
• Lead the strategy and resolution of highly complex and unique challenges requiring strategic, advanced analytical, inductive thinking, and performance monitoring
• Extract data to provide statistical and financial modeling companywide, delivering solutions that are long term, large scale, and require vision, innovation, and coordination of highly complex activities and guidance to others
• Provide vision, direction, and expertise to experienced leadership on implementing innovative and significant business solutions that are large-scale, companywide strategies
• Engage with all levels of professionals and managers companywide
• Act as an expert advisor to experienced leadership

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:

• Strong analytical skills with high attention to detail and accuracy  
• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of accounting principles: general ledger reconciliation
• Strong understanding of capital market products, and experience with financial and accounting concepts and reporting tools (e.g. Essbase, IRIS, G/L)
• Ability to work independently, be highly organized, prioritize multiple tasks, and take on new challenges
• Proficiency with SQL
• Advanced Microsoft Office skills
• Experience developing partnerships and collaborating with other business and functional areas
• Experience with data governance principles and practices
• Experience with process and control documentation
• Audit or internal controls testing experience

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.

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.