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About this role:

Wells Fargo is seeking a Senior Market Risk Specialist. This position is offered by the stress testing team within Market & Counterparty Risk Management. The stress testing team leads the regulatory & BAU stress testing initiatives and works across lines of businesses to develop leading risk management & risk measurement practices, leads CCAR initiatives, risk identification, scenario design, execution, and strategic infrastructure development.

This position will have two-fold responsibilities. The candidate will provide project management support across trading and counterparty regulatory CCAR and BAU deliverables. The role will require developing project plans, coordinating execution across key stakeholders, and provide documentation support for critical deliverables. Additionally, the role will also involve developing specialization towards the firm's trading risks and stress results.

This role will utilize understanding of market risk and interpersonal communication skills to develop, execute and report stress results and risk measures for regulatory stress testing.

Experience working with regulators and internal audit will be beneficial in this role as the results are used to determine the firm’s capital requirements.

The ideal candidate should have knowledge of traded products, regulatory CCAR/14Q deliverables, proven ability to work across business specialists and technology, and strong written and oral skills.

In this role, you will:

+ Build and maintain project plans for CCAR and other regulatory deliverables.

+ Provide support towards documentation of key regulatory reports.

+ Develop and maintain stresses across Private and Public Equity portfolios.

+ Perform regular analysis and provide oversight over the changes in stress results.

+ Develop and manage relationships with multiple business partners across lines of business, risk oversight officers, internal audit, technology, and risk analytics groups.

+ Understand relevant business, regulatory, and risk requirements pertaining to market risk stress testing and participate in ongoing audit, and regulatory exams.

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:

+ Bachelor's degree in a quantitative discipline such as finance, or mathematics

+ Experience working with regulators and internal audit teams

+ Working knowledge of systems, grasp over SQL and programming languages

+ Knowledge and understanding of CCAR/DFAST stress testing and FR Y-14Q requirements

+ Understanding of trading products across multiple asset classes as well as market and counterparty risk management concepts

+ Highly organized and able to prioritize multiple tasks, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

+ Excellent verbal, written, and interpersonal communication skills

+ Advanced Microsoft Office skills

Posting Locations:

+ 550 S. Tryon Street - Charlotte, North Carolina

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, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 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 and/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.

Posting End Date:

12 Jun 2025

_*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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.

**Req Number:** R-461484