Market Risk Specialist - Market and Counterparty Risk
About The Position
Wells Fargo is seeking a highly skilled and motivated Market Risk Specialist to join the Corporate and Investment Banking, Chief Risk Officer Group. This individual will support the transformation of our counterparty credit risk limit monitoring processes. The role will focus on enhancing oversight capabilities, automating manual controls, and ensuring compliance with regulatory commitments. The ideal candidate will bring knowledge of capital markets, counterparty credit risk, strong analytical skills, and a passion for process improvement and innovation.
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
Nice To Haves
- Experience in counterparty or market risk management, preferable within a multi-asset class environment.
- Strong understanding of credit risk metrics, exposure monitoring and traded products.
- Proven ability to work independently and escalate issues with clarity and urgency.
- Experience with process design, automation and control frameworks (e.g. RCSA).
- Knowledge of SQL for data retrieval and analysis.
- Excellent communication and stakeholder management skills.
Responsibilities
- Perform Limit Monitoring and Oversight of counterparty credit risk exposures across all asset classes.
- Ensure compliance with internal policies, risk appetite and regulatory requirements.
- Perform root cause and trend analyses using analytical tools to identify emerging risks and escalate breaches concisely for timely resolution.
- Identify manual processes and control gaps within the current monitoring framework.
- Partner with Technology teams to develop streamlined, automated solutions to improve operational efficiency and support scalable oversight.
- Collaborate with Risk, Technology, Operations, and Front Office teams to remediate systemic issues contributing to limit breaches.
- Communicate findings and recommendations to senior management and governance forums.
- Support ongoing regulatory exams and internal audits as a subject matter expert.
Benefits
- Relocation assistance is not available for this position.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
