Market Risk Specialist - Market Risk Capital and Risk Weighted Assets (RWA)

Wells Fargo & Company • Charlotte, NC

20h • Hybrid

About The Position

The Market and Counterparty Risk Management – Data, Information, Stress & Capital (MCRM-DISC) organization is seeking an experienced Market Risk Specialist to join the Traded Products Market Risk Capital (TPMC) team within Market Risk. This role is responsible for the calculation and production of regulatory market risk capital and Risk‑Weighted Assets (RWA) for capital markets traded products. This includes RWA analysis, reporting, governance, and supporting infrastructure, partnering closely with Front Office, Risk Analytics, Model Risk, Finance, and Technology.

Requirements

• 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
• Willingness to work on-site at stated location on the job opening
• 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

Nice To Haves

• Experience in Market Risk, Market Risk Capital, Treasury, or Capital Management within a large financial institution
• Demonstrated hands‑on experience with Market Risk RWA, capital reporting, CCAR, Basel, or regulatory risk frameworks
• Strong understanding of market risk metrics and capital calculations (e.g., VaR, stress testing, sensitivities)
• Proven ability to partner cross‑functionally with Front Office, Risk, Finance, Model Risk, and Technology teams
• Experience working with market risk data, reporting infrastructure, reconciliations, and controls
• Ability to clearly explain complex risk and capital concepts to senior management and non‑technical stakeholders
• Experience contributing to process improvements, system enhancements, or data remediation initiatives
• Strong attention to detail, documentation discipline, and ownership mindset
• Hands-on experience with SQL or similar query languages to extract, analyze, reconcile, and validate large-scale market risk, exposure, and capital datasets across risk and reporting systems

Responsibilities

• Perform Market Risk RWA analysis and reporting for trading assets and liabilities across Fixed Income, FX, Equities, Commodities, Traded Credit, and Securitized products
• Prepare and support regulatory submissions and internal management reporting, ensuring accuracy & completeness
• Analyze and explain drivers of RWA movements, sensitivities, and impacts from market activity, data changes, or methodology updates
• Partner with Front Office, Market Risk Analytics Finance, and Technology to resolve data, methodology, and reporting issues
• Support regulatory exams, internal audits, and governance reviews, including responses, documentation, and remediation tracking
• Contribute to risk infrastructure, data quality, and reporting process improvements, including automation and control enhancements
• Ensure market risk capital processes align with internal policies and regulatory expectations

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed