Market Risk Specialist | Corporate & Investment Banking

About this role

Wells Fargo is seeking a Market Risk Specialist to support the Enterprise Counterparty Risk Management (ECRM) organization. This position sits within the ECRM Credit Administration team and is responsible for daily oversight of counterparty credit risk components across derivatives, securities financing, and trading relationships.

In this role, you will support the monitoring and assessment of counterparty credit risk through daily risk analysis and activities related to agreement controls, including netting reviews, collateral processes, and credit approval frameworks. Working closely with partners across Corporate and Investment Banking (CIB) Risk, you will gain exposure to how credit decisions, contractual terms, credit policies, and system controls influence exposure measurement and risk outcomes. You will also contribute analyses that inform risk‑mitigation initiatives and control enhancements.

This position provides an excellent opportunity to build a strong foundation in market and counterparty credit risk while engaging in a high‑impact, fast‑paced segment of the CIB Risk organization.

In this role, you will:

• Provide independent oversight of counterparty risk across derivatives and securities financing activities, including validating contractual enforceability, supporting ongoing reviews of netting and collateral frameworks, and monitoring exposure changes and counterparty creditworthiness.

• Perform credit‑data‑related controls and partner with front‑line portfolio managers and credit approvers to identify opportunities to improve efficiency and effectiveness in credit‑limit management.

• Partner with ECRM, Legal, Negotiators, Markets, and Technology teams to understand agreement structures, risk drivers, data dependencies, and portfolio‑specific factors that influence exposure measurement and credit approvals.

• Support the review of counterparty credit decisions, evaluating adherence to limit approvals and ensuring exposure, credit limits, internal grades, collateral, and contractual attributes are accurately reflected.

• Contribute to the development and maintenance of risk metrics, including control exceptions and enforceability indicators used in committee materials and senior‑level reporting.

• Assist with enhancements to counterparty credit risk methodologies, support new product rollouts and system changes by participating in UAT, validate data for new credit‑system enhancements, and help resolve data discrepancies.

• Proactively identify emerging exposure, documentation, or control issues and escalate through appropriate channels.

• Participate in working sessions and cross‑functional meetings, providing insights on exposure changes, agreement updates, or control performance for senior risk officers.

• Support senior officers during periods of elevated market activity by assessing exposure movements, gathering counterparty data quickly, and communicating findings to leadership.

• Demonstrate strong coordination and collaboration while contributing to a disciplined, control‑focused culture within ECRM.

Required Qualifications:

• 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.

Desired Qualifications:

• Bachelor’s degree in Finance, Economics, Business, or a related field.

• Experience with SQL (or similar query languages) to obtain and analyze data.

• Proficiency with MS Office, particularly Excel and PowerPoint, with the ability to learn internal risk‑system applications.

• Strong attention to detail and clear written and verbal communication skills.

Posting Locations:

• 550 S. Tryon Street - Charlotte, North Carolina

Job Expectations:

• Required location listed above. Relocation assistance is not available for this position.

• This position currently offers a hybrid work schedule.

• This position is not eligible for VISA sponsorship.

• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of 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. Information will be shared about expectations during the recruitment process.

Posting End Date: 

15 Mar 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

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.

Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.