About this role:
Wells Fargo is seeking a Senior Market Risk Specialist to support the Enterprise Counterparty Risk Management (ECRM) Credit Risk & Approval team to provide credit approval coverage for Municipal Products Group (MPG) and Counterparty Credit Management (CCM) portfolios. ECRM provides credit approval, governance, oversight, monitoring, and reporting of counterparty credit risk generated by the firm’s trading and sales businesses. This role will support the review, credible challenge, and approval/denial of credit approval requests generated from Counterparty Credit Management (CCM) and Municipal Products Group (MPG) underwriters.
In this role, you will:
- Review, credibly challenge, and approve/deny credit approval requests generated from Counterparty Credit Management (CCM) and Municipal Products Group (MPG) underwriters
- Act as key participant in the review/approval process
- Review complex credit analyses and processes to ensure that risks are properly identified and consistent with policy
- Collaborate and consult with manager to effectively manage the development, application, and approval of credit risk analysis.
- Lead or participate in risk program development or maintenance and provide oversight of market, interest rate and counterparty risk activities within Market Risk
- Contribute to evaluating and approving risk models related to risk management framework
- Evaluate and approve moderately complex trading models, market risk, basis risk, delivery risk and counterparty aggregated credit risk exposure on a daily or long-range basis for specific financial products
- Consult and implement initiatives with moderate to high risk and lead team to meet market risk deliverables
- Leverage solid understanding of risk management challenges and provide input with focus on risk disclosures, remediation, due diligence, suitability, and reputation risk
- Collaborate and consult with management and board of directors to provide periodic or scheduled risk reports that present a companywide view of risk management
Required Qualifications:
- 4+ 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:
- Excellent verbal, written and interpersonal communication skills
- Experience using data analysis to identify trends
- Knowledge and understanding of credit risk analysis.
- Ability to prioritize work, meet deadlines, achieve goals and work under pressure in a dynamic and complex environment
- Strong problem solving and analytical skills required to identify trends, define patterns and collaborate with stakeholders to assess credit risk profile of counterparty.
- Ability to articulate and document complex concepts in a clear, concise manner
- Intellectual curiosity with proven ability to learn quickly through others as well as to conduct their own research and analysis
- Advanced Microsoft Excel skills, including pivot tables, graphs, and formulas
- Knowledge of Public Finance.
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.
- 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.
Job Location:
- 550 S. Tryon Street - Charlotte, North Carolina
Posting End Date:
20 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.