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Senior Market Risk Specialist - Enterprise Counterparty Risk Management (ECRM)

Wells Fargo

Wells Fargo

Charlotte, NC, USA
USD 100k-163k / year
Posted on Feb 19, 2026

About this role:

Wells Fargo is seeking a Senior Market Risk Specialist to support the Enterprise Counterparty Risk Management (ECRM) Governance team within Market and Counterparty Risk Management (MCRM). ECRM provides governance, oversight, monitoring, and reporting of counterparty credit risk generated by the firm’s trading and sales businesses. This role will support senior team members in the development, coordination, and maintenance of counterparty credit-related governance routines, including controls, governance forums, and support for enterprise programs.

In this role, you will:

  • Execute a range of ECRM Governance-related controls, ensuring compliance with written procedures and maintenance of clear documentation evidencing control execution.
  • Critically review the control inventory and recommend updates and changes as necessary, working closely with team members and control partners as appropriate.
  • Provide support for counterparty governance routines, such as ECRM’s committee, council, and working group process, including support for agenda development/management and minute taking.
  • Assist in updating and maintaining counterparty credit policies and related documents, ensuring alignment with regulatory expectations and internal standards.
  • Support the development and execution of monitoring routines to help track compliance with policy requirements.
  • Help maintain the inventory of counterparty business policies and procedures, coordinating with subject matter experts and line‑of‑business partners.
  • Support the ECRM Governance team with tracking and monitoring the inventory of new business initiatives to ensure the provision of timely and complete responses.
  • Support the completion of required tasks within the Policy Governance Platform and help maintain documentation in accordance with enterprise policy‑management requirements.
  • Assist in the administration, monitoring, reporting, and development of counterparty‑related key risk indicators and risk appetite metrics, including analyzing trends, identifying trigger drivers, and assessing recalibration needs
  • Assist in the execution of the Major Counterparty Crisis (MCC) process, including the annual MCC test, the process for ad hoc events, and maintenance and enhancement of the MCC infrastructure.
  • Coordinate ECRM Governance record retention and contribute to the development and enhancement of ECRM’s record-retention framework.
  • Support the ECRM Governance team in responding to internal audit and regulatory inquiries and exams.

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:

  • Experience in the management and execution of controls, including procedure maintenance and experience with the RCSA framework.
  • Excellent written and verbal skills, and strong attention to detail.
  • Advanced proficiency with Microsoft Office products, particularly Excel, Word, and PowerPoint.
  • Proven ability to develop clear, concise, and visually compelling materials for senior management and executive-level councils and committees.
  • Strong analytical skills with the ability to interpret risk metrics, identify trends, and synthesize insights.
  • Experience supporting the development or maintenance of risk policies or procedures.
  • Familiarity with credit risk or counterparty credit risk concepts, frameworks, and tools.
  • Basic understanding of products such as derivatives, foreign exchange, or securities financing.
  • Effective organizational and process‑management skills, with the ability to coordinate recurring risk routines and deliverables.
  • Strong communication skills and comfort working with a variety of stakeholders across risk and front‑office teams.
  • Experience supporting audit, compliance, or regulatory processes is a plus.

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

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$100,000.00 - $163,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

28 Feb 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.

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.