Market Risk Specialist - Market and Counterparty Risk
Not Disclosed•Full-TimeHybrid
location_on601, West 6th Street, Fourth Ward, Uptown, Charlotte, Mecklenburg County, North Carolina, 28202, United States
About the Role
Wells Fargo is seeking a Market Risk Specialist for the Traded Products Counterparty Credit Capital (TPCCC) group within Market and Counterparty Risk Management. This role is critical to ensuring the accuracy and timeliness of capital reporting related to Counterparty Credit Risk Weighted Assets (RWA). The specialist will validate calculated results, facilitate the line of business capital decision process, and produce essential regulatory and management reports.
In this position, you will implement business processes and test emerging capital regulations. You will coordinate with multiple enterprise teams to interpret new capital regulations and oversee the implementation of regulatory counterparty credit capital changes. The ideal candidate will bridge the gap between business specialists and technology, bringing strong technical skills and a high-level attention to detail to a dynamic environment.
Work Environment & Expectations
This position is based in Charlotte, North Carolina, at 550 S. Tryon Street. The role operates on a hybrid work schedule. Please note that relocation assistance is not available, and the position is not eligible for VISA sponsorship.
Wells Fargo fosters a culture that balances strong customer relationships with a risk-mitigating and compliance-driven approach. Employees are accountable for executing risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance) and adhering to applicable policies. There is a strong emphasis on proactive monitoring, governance, risk identification, and making sound risk decisions that align with the business unit's risk appetite.
Candidates must be prepared to undergo FINRA background screening and comply with ongoing regulatory requirements. Specific compliance policies regarding outside activities and personal investing apply; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team.
Equal Opportunity & Inclusion
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
We encourage applications from all qualified candidates, including women, persons with disabilities, Aboriginal peoples, and visible minorities in Canada. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process. To request a medical accommodation, please visit the Disability Inclusion page at Wells Fargo.
Wells Fargo maintains a drug-free workplace. Additionally, third-party recordings are prohibited during the recruitment process unless authorized, and candidates are required to directly represent their own experiences.
Application Process
Applications are encouraged for all qualified candidates. Please be aware that the job posting may close early due to the volume of applicants. The posting end date is May 21, 2026.
Work location
Work model: Hybrid
601, West 6th Street, Fourth Ward, Uptown, Charlotte, Mecklenburg County, North Carolina, 28202, United States
Charlotte, North Carolina
Key Responsibilities
- check_circlePopulate and submit regulatory counterparty credit capital schedules
- check_circleDevelop SQL statements to test data accuracy and completeness
- check_circleProduce accurate and timely capital reporting for Counterparty Credit Risk Weighted Assets
- check_circleCoordinate with enterprise teams to interpret new capital regulations and oversee implementation
- check_circleImplement business processes and test emerging capital regulations
- check_circleAnalyze RWA results including trends, variance analysis, and exposure attribution
- check_circlePartner with Technology groups to develop strategic reporting solutions
- check_circleValidate calculated results and facilitate the line of business capital decision process
Requirements
- verified2+ years of market risk, Capital Markets, desk analyst, trading, interest rate risk or equivalent
- verifiedSQL experience
- verifiedMaster's degree or higher in accounting, finance, economics or CFA Designation
- verifiedFinancial Risk Management Certificate (FRM)
- verifiedWork experience in Middle-Office or Product Control type function
- verifiedIntermediate Microsoft Office skills
- verifiedSuccessful completion of FINRA background screening
- verifiedNot eligible for VISA sponsorship
Nice to Have
SQL experience; Knowledge of core asset classes and trading products, including derivatives and securities financing transactions (SFTs); Familiarity with key risk drivers across major derivatives asset classes (Interest Rates, FX, Credit, Equities, and Commodities); Basic understanding of SFT products and structures, including repurchase/reverse repurchase agreements, securities lending/borrowing, and margin loans, along with associated risk drivers; A master's degree or higher in accounting, finance, economics, or Chartered Financial Analyst (CFA) Designation; Financial Risk Management Certificate (FRM); Work experience in Middle-Office or Product Control type function; Familiarity with non-cleared, exchange traded and cleared products; Knowledge and experience with CVA calculations; Intermediate Microsoft Office skills; Strong analytical skills with high attention to detail and accuracy; Excellent verbal, written, and interpersonal communication skills; Knowledge of a variety of asset classes and trading products; specifically, derivatives and securities financing transactions; Strong attention to detail and accuracy skills; Personal characteristics: comfortable multi-tasking, sound judgment, takes initiative, team player and attention to detail.
Benefits & Perks
check_circleHybrid work schedule
