Senior Derivatives Valuation Controller
About The Position
About this role: 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 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. This position sits within the Controller's organization. In this role, you will: Valuation & IPV Execute and review IPV processes for derivatives (Commodities) Validate Forwards (Fixed & Basis) and Commodities volatility calibration on inputs across commodity markets. 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
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
- 4+ years of experience in valuation control or related field
- Familiarity with vendor data systems (Markit/Totem, RVS, Bloomberg/Reuters)
- Proficient in Commodity Derivatives, with expertise in IPV processes including forward pricing and volatility surface calibration
- Experience with Fair Value Hierarchy(FVH) and reporting
- Knowledge of Commodity Derivative markets and products
- Advanced proficiency in SQL , and Python
- Excellent communication and presentation skills
- Advanced proficiency in Excel
- Strong understanding of valuation methodologies, control and risk frameworks
Responsibilities
- Valuation & IPV Execute and review IPV processes for derivatives (Commodities)
- Validate Forwards (Fixed & Basis) and Commodities volatility calibration on inputs across commodity markets.
- 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
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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
