Bengaluru, IND
23 hours ago
Counterparty Risk Oversight
**About this role:** Wells Fargo is seeking a Senior Risk Specialist **In this role, you will:** + 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, educatio **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 + Experience in Counterparty Credit Risk Analytics Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Financial Industry/Banking background + Familiarity with Traded Securities and Derivative Products (types, pricing and risks) + Strong verbal, written and interpersonal communication skills + Deep knowledge of Microsoft Office (Word, Excel and Powerpoint) + Ability to independently prioritize and organize workload to meet deadlines + Strong problem solving and analytical skills + Experience in Financial Modeling or Stress Testing + Working knowledge of VBA, Python and/or SQL + Understanding of Counterparty Credit Risk concepts including Potential Future Exposure (PFE), Credit Support Annex (CSA), Value At Risk (VAR), margining and netting. + Proven ability to complete large and/or complex projects and/ or initiatives. **Job Expectations:** + Lead or participate in risk program development or maintenance and provide oversight of market, interest rate and counterparty risk activities within Counterparty Risk + Develop, enhance and generate counterparty risk reports for traded product portfolios. + Assist in day-to-day troubleshooting, including investigating counterparty credit risk system or model issues then provide potential improvement. + Perform ad-hoc analysis (stress testing, scenario analysis) to support risk management decision making and/or management inquiries. + Work with various credit and risk teams to remediate issues and implement enhancements. + Assist in the preparation of counterparty credit risk presentations and internal credit documents (policies, procedures, memos). **Posting End Date:** 19 Aug 2025 **_*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 (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) . **Drug and Alcohol Policy** Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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. **Req Number:** R-480295
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