Counterparty Risk Analyst Jobs (NOW HIRING)

Wells Fargo is seeking a Senior Lead Market Risk Officer within Market & Counterparty Risk Management (MCRM). This role is part of the Traded Products Stress Testing team, which is responsible for leading regulatory and business-as-usual (BAU) stress testing activities across trading and counterparty portfolios. The team works across Corporate & Investment Banking, Risk Analytics, Technology, Finance, and Independent Risk Management to develop and execute stress testing methodologies, challenge results, enhance risk measurement practices, and support regulatory capital assessments. Learn more about our career areas and business divisionsat wellsfargojobs.com.

• Lead the execution and enhancement of regulatory and BAU stress testing programs across trading and counterparty portfolios.
• Provide independent oversight and credible challenge of stress testing methodologies, assumptions, scenario design, and results.
• Partner with Risk Analytics, Technology, and business stakeholders to develop and implement improvements to stress testing infrastructure, data quality, and reporting processes.
• Perform analysis of stress test results, identifying key drivers, emerging risks, portfolio concentrations, and changes in risk profile.
• Lead risk assessment activities supporting CCAR and other regulatory capital requirements.
• Evaluate market, counterparty, and liquidity risks under severe but plausible stress scenarios.
• Prepare executive-level summaries, risk committee materials, and regulatory examination responses.
• Engage with regulators, Internal Audit, Model Risk Management, and Independent Testing functions on matters related to stress testing and market risk governance.
• Support ongoing risk identification efforts and develop stress scenarios that capture current and emerging market risks.
• Coordinate execution across multiple stakeholders to ensure timely delivery of regulatory and internal risk management deliverables.
• Lead strategic initiatives involving scenario design, methodology enhancement, risk factor calibration, governance, and controls.
• Provide mentorship and guidance to junior team members and influence risk management practices across the organization.
• Execute RCSA controls and ensure procedures, governance documentation, and supporting evidence remain current and comprehensive.
• Foster strong partnerships across Risk, Finance, Trading, Technology, Model Risk Management, and Corporate Treasury.

Required Qualifications:

• 7+ years of market risk, Capital Markets, securities industry, trading, or interest rate risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Strong experience in Stress Testing, Risk Analytics, Counterparty Risk, or related quantitative risk disciplines.
• Demonstrated experience leading complex cross-functional initiatives and influencing senior stakeholders.
• Strong understanding of market risk and counterparty risk concepts across traded products.
• Deep knowledge of CCAR, Global Market hock (GMS), FR Y-14Q, or related regulatory capital frameworks.
• Experience with scenario design, stress testing methodologies, and regulatory examinations.
• Strong understanding of traded products including Rates, FX, Credit, Equities, Commodities, Securities Financing Transactions, and derivatives
• Knowledge of risk measurement methodologies such as VaR, sensitivities, stress testing, PFE, xVA, and capital calculations.
• Experience working with regulators, Internal Audit, Model Risk Management, and Independent Testing.
• Advanced analytical and quantitative problem-solving skills.
• Proficiency in SQL and experience working with large datasets.
• Advanced Microsoft Excel skills; VBA or Python experience preferred.
• Excellent written and verbal communication skills with the ability to translate technical concepts for executive audiences.
• FRM, CFA, Master's degree in Finance, Economics, Mathematics, Engineering, Statistics, or related quantitative discipline preferred.
• Ability to work effectively in a fast-paced environment with multiple priorities and deadlines.

Job Expectations:

• Required location listed below. Relocation assistance is not available for this position.
• This position is not eligible for VISA sponsorship

Posting Location:

• 550 S. Tryon Street - Charlotte, North Carolina

• 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.
• 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:

*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, visitDisability Inclusion at Wells Fargo.

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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.