Senior Derivatives Valuation Controller

Wells Fargo Bank•Charlotte, NC

6d•Hybrid

About The Position

Wells Fargo is seeking a Senior Derivatives Valuation Controller. The Senior Derivatives Valuation Controller plays a critical role in managing risk across complex financial products and processes. This position sits within the Controller's organization. In this role, you will: This position focuses on valuation control, independent price verification (IPV), and risk analytics to ensure compliance with regulatory standards and internal governance. The role requires strong analytical skills, technical expertise, and the ability to lead initiatives that enhance risk management frameworks.

Requirements

4+ 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 related discipline
Advanced proficiency in Excel, SQL and Python
Strong understanding of valuation methodologies, control and risk frameworks
Knowledge of Equity Derivative and Credit Derivative markets and products
Familiarity with vendor data systems (Markit/Totem, RVS, Bloomberg/Reuters)
Proficient in Equity Derivatives and Credit Derivatives, with expertise in IPV processes including forward pricing, Credit Spreads, correlation, and volatility surface calibration
Experience with Fair Value Hierarchy (FVH) and reporting
Excellent communication and presentation skills

Responsibilities

Valuation & IPV Execute and review IPV processes for derivatives (Credit and Equity).
Validate Credit Spreads, Recovery Rates and Forward/ Correlation inputs plus volatility calibration
Implement valuation adjustment policies and Fair Value Hierarchy
Risk Analytics & Reporting Lead moderately complex initiatives in risk analytics and reporting
Aggregate, forecast, and reconcile data for risk metrics and dashboards
Prepare monthly IPV and aged inventory reports
Compliance & Governance Ensure compliance with internal policies, external standards, and all applicable regulatory requirements and examinations.
Document models and maintain compliance with internal governance standards
Collaboration & Leadership Partner with Market Risk, Model Risk, and Product Control teams.
Mentor junior analysts and lead cross-functional projects