Senior Market Risk Specialist - London, United Kingdom - Wells Fargo

Wells Fargo

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About this role:

Wells Fargo is seeking a Senior Market Risk Specialist.

Embark on a dynamic career journey with Wells Fargo, a leading international bank driving progress in the financial sector.

We pride ourselves on the dynamism of our teams, our growing global presence, and a culture that is underpinned by inclusivity and belonging.

At Wells Fargo, we're more than just a bank; we're a community where individuals thrive and collectively make their mark on the world.

Joining Wells Fargo means becoming part of an international powerhouse that values your individuality and empowers you to thrive.

We are not just a workplace; we are your platform for progress, where your contributions can shape the future of banking.

If you are ready to make a significant impact, grow professionally, and embrace a culture that beats with dynamism, Wells Fargo is the place for you.

Take your career to new heights with us.

In this role, you will:

Perform Legal entity Interest Rate Risk (IRR) assessments and continuous monitoring of various EMEA branches and legal entities, including respective ALM risk measurements and analytics.
Communicate with multiple business partners including risk and line of business staff, risk management partners in treasury, market, credit, investment, and technology functions. Work with these teams to understand the business, risk appetite, risk profile and risk metrics of the entities.
Support development of appropriate ALM risk measurements and limits, work with reporting and analytics teams to ensure proper communication and escalation of risk issues to stakeholders and oversight committees.
Work with stakeholders to ensure compliance with local ALM risk regulatory expectations and the firm's Risk Management Framework.
Support stress testing, regular review, and formal challenge sessions in the context of business as usual and stress testing analysis.

Required Qualifications:

Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

Balance sheetwide interest rate risk management experience in either a front line, independent risk management (IRM), audit or regulatory capacity. Experience should include risk measurement, reporting and analysis.
Demonstrate a strong understanding of IRR management tools (e.g. economic value of equity and earnings at risk), capital markets, wholesale funding and hedging. Experience with financial and accounting concepts.
Demonstrate familiarity with IRR models in theory and practice. QRM experience is a plus.
Possess strong analytical skills with high attention to detail and accuracy as well as the ability to understand problems, identify solutions and develop clear options and recommendations.
Ability to work with others collaboratively for team success.
Demonstrate excellent verbal, written, and interpersonal communication skills; experience presenting to senior management.
Bachelor's degree

We Value Diversity

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.

Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.