Lead Valuation Controller Commodities

Wells Fargo & Company•Charlotte, NC

1d•Hybrid

About The Position

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.

Requirements

5+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Nice To Haves

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

Responsibilities

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