Market Risk Senior Manager-CIB Portfolio Risk (Market & Counterparty Risk Reporting)

Wells Fargo & Company•Charlotte, NC

1d•Hybrid

About The Position

Wells Fargo is seeking a Market Risk Senior Manager for its Market and Counterparty Risk Reporting team within Corporate & Investment Bank (CIB) Portfolio Risk. The Market and Counterparty Risk Reporting team is responsible for the design and production of consolidated market and counterparty risk reporting across businesses and legal entities, providing senior management, the Board of Directors, and regulators with transparent, timely insight into Wells Fargo’s risk exposures and significant changes in risk profile. To achieve these goals, the team partners closely with teams across Corporate Risk and the Company, including Market Risk Oversight (MRO) and Enterprise Counterparty Risk Management (ECRM).

Requirements

7+ years of experience in one or a combination of the following: market risk, Capital Markets, securities industry, trading, or interest rate risk experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
3+ years of management or leadership experience
FINRA Background Screening Requirements, including successful completion and clearing of a background check.
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.

Nice To Haves

A BS/BA degree or higher in accounting, finance, or economics is ideal
A Master of Business Administration (MBA), Chartered Financial Analyst (CFA) Designation, or Financial Risk Management (FRM) Certificate is also beneficial
Strong analytical and risk management experience, with high attention to detail, proficiency in Microsoft Office, and SQL experience.
Excellent verbal, written, and interpersonal communication skills, with experience collaborating effectively with business partners and project managers
Knowledge of a variety of asset classes and trading products; specifically, derivatives
Knowledge and experience with Market and Counterparty Risk methods and measures (VaR, Greeks, stress simulations, MPE, Net CE, etc.)
Experience and ability synthesizing large amounts of complex information and communicating clear and concise takeaways to the audience
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

Responsibilities

Lead and develop a team of direct reports responsible for daily, monthly, quarterly, and ad‑hoc market and counterparty risk reporting
Oversee end‑of‑day reporting processes, ensuring timely and accurate delivery of reporting
Review risk data and narrative commentary for accuracy, clarity, and completeness
Maintain, enhance, and standardize reporting templates, platforms, and presentation standards
Monitor, analyze, and communicate market risk across financial products, collaborating closely with MRO, ECRM, Technology, and other stakeholders
Respond to ad‑hoc data, analysis, and presentation requests from senior management, regulators, auditors, and other internal or external parties
Direct team responsible for measuring, monitoring, modeling, and articulating the organization’s overall market risk exposure
Identify and recommend process improvements related to market movements, risk limits, controls, valuation, reporting, and operational excellence
Determine appropriate market risk strategies and actions to ensure alignment with established risk appetite and regulatory expectations
Engage in and influence line‑of‑business initiatives with significant risk and business impact
Foster a strong culture of talent development aligned with business strategy and objectives