Lead Market Risk Officer - Corporate and Investment Banking Risk, Counterparty Regulatory Reporting

Wells Fargo is seeking a Lead Market Risk Officer for the Trade Product Stress Team (TPST) within Market & Counterparty Risk Management. TPST oversees regulatory and business-as-usual stress testing initiatives and collaborates across lines of business to advance risk management and measurement practices, regulatory reporting, CCAR initiatives, risk identification, scenario design, execution, and strategic infrastructure development.

This role will serve as a team leader for the FR Y-14Q Schedule L execution team. The selected candidate will be responsible for executing quarterly regulatory counterparty reporting and managing related annual CCAR deliverables. Key responsibilities include maintaining project plans, coordinating execution among key stakeholders, and providing documentation support for regulatory submissions.

The ideal candidate will possess expertise in counterparty risk and exposure metrics, regulatory CCAR/FR Y-14Q requirements, demonstrated experience collaborating with business and technology partners, strong technical acumen, and exceptional attention to detail.

This individual will have exposure to senior leadership and regulatory stakeholders. Hold a platform to influence strategic risk infrastructure. The ability to collaborate within a high-performing team culture. While obtaining the opportunity for professional growth in a critical area of financial risk management.

In this role, you will:

• Exhibit Technical Expertise: Strong command of counterparty risk metrics, exposure modeling, and regulatory frameworks (FR Y-14Q, CCAR).
• Utilize Analytical Skills: Exceptional attention to detail, with the ability to synthesize complex data into clear insights.
• Provide Collaboration: Proven ability to work cross-functionally with business, risk, finance, and technology partners.
• Demonstrate Execution: Ability to prioritize tasks, meet deadlines, and perform effectively in a dynamic, high-pressure environment.
• Showcase Personal Attributes: Adept at multitasking, exercises sound judgment, and takes initiative.

Additional responsibilities will include:

• Maintain comprehensive knowledge of all relevant business, regulatory, and risk requirements pertaining to FR Y-14Q, including awareness of ongoing regulatory trends and their implications.
• Populate and submit the FR Y-14Q Schedule L Counterparty schedule in compliance with regulatory requirements, while conducting analysis to identify trends, explain variances, and attribute exposures within the reported data.
• Prepare presentations relating to Schedule L submission, reporting processes, and control documentation; present findings to regulators, internal audit, and senior management as needed.
• Document all data, processes, and methodological requirements related to FR Y-14Q Schedule L submissions, ensuring adherence to Governance and Oversight policies and collaborating closely with the Enterprise Regulatory Reporting team to maintain compliance throughout the entire FR Y-14Q production and reporting process.
• Partner with the Technology group on technical issues and contribute to the development of strategic reporting solutions.

Required Qualifications:

• 5+ years of experience in one or a combination of the following: trading, desk analyst, Capital Markets, market risk, interest rate risk or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Proficiency in SQL and Microsoft Office (Excel, PowerPoint).
• Master’s degree in Finance, Accounting, Economics, or related field.
• CFA or FRM certification.
• Experience with Credit Valuation Adjustment (CVA); Knowledge and experience with CVA and counterparty exposure calculations.
• Familiarity with derivatives (e.g., interest rate swaps, CDS, equity options) and securities financing (e.g., repos, securities lending).
• Work experience in Middle-Office or Product Control type function.
• Familiarity with non-cleared, exchange traded and cleared products.
• Strong analytical skills with high attention to detail and accuracy.
• Excellent verbal, written, and interpersonal 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, including successful