Capital Market Risk Specialist - Derivative and Securities Financing

About this role:

Wells Fargo is seeking a Market Risk Specialist to join the Traded Products Counterparty Credit Capital (TPCCC) team within Market and Counterparty Risk Management.This role sits at the intersection of Capital Markets, Counterparty Credit Risk, and Regulatory Capital.

The ideal candidate will bring strong Capital Markets Risk experience with a solid understanding of Derivatives, Default Fund exposure, Interest Rate products, Swaps, and Securities Financing Transaction (SFT)s. This individual should be comfortable analyzing large data sets, investigating issues through SQL-based analysis, and communicating findings to both business and risk stakeholders.

On a daily basis, partner closely with traders, risk managers, capital teams, and technology partners to assess the capital impact of trading activity, analyze counterparty credit risk exposure, support regulatory reporting, and provide insight into derivative, fails, default funds, and securities financing transaction (SFT) portfolios.

In this role, you will:

• Partner with trading desks and business stakeholders to evaluate the capital impact of new and existing derivative transactions.

• Analyze exposures across derivative and securities financing transaction (SFT) portfolios and identify key risk drivers.

• Research and assess capital implications related to interest rate products, swaps, options, and other trading activities.

• Perform trend analysis, variance analysis, exposure attribution, and capital reporting validation.

• Investigate data and reporting issues using SQL and collaborate with technology partners to resolve discrepancies.

• Prepare and review regulatory counterparty credit capital schedules and management reporting.

• Support the interpretation, testing, and implementation of evolving regulatory capital requirements.

• Develop and execute controls to ensure accuracy, completeness, and timeliness of capital reporting.

• Support the analysis and reporting of Counterparty Credit Risk Risk-Weighted Assets (RWA) and regulatory capital requirements.

• Partner with Market Risk, Technology, Finance, and Capital teams to enhance reporting and analytical capabilities.

• Leverage emerging technologies, including AI tools, to improve reporting and analysis processes.

• Communicate findings and recommendations to senior management and business partners.

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:

• Strong Capital Markets experience with exposure to trading products and risk management.

• Knowledge of derivatives, including Interest Rate Swaps, options, futures, forwards, default funds and other OTC products.

• Experience supporting or analyzing Securities Financing Transactions (SFTs), including repo, reverse repo, securities lending, securities borrowing, and margin lending.

• Familiarity with Counterparty Credit Risk, Risk-Weighted Assets (RWA), and regulatory capital frameworks.

• Understanding of key risk drivers across Interest Rates, FX, Equities, Credit, and Commodities.

• SQL experience with the ability to analyze data , validate, and investigate large data sets.

• Experience working with trading desks, middle office, product control, market risk, or capital management functions.

• Familiarity with non-cleared, exchange-traded, and centrally cleared products.

• Ability to communicate and work effectively across business, risk, and technology teams in a fast-paced environment.

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 completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.