Avp - Counterparty Credit Risk - Bengaluru, Karnataka, India - Wells Fargo

Wells Fargo

Verified Company

Bengaluru, Karnataka, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

About this role:

Wells Fargo is seeking a Market Risk Specialist for the Enterprise Counterparty Risk and Management (ECRM) within Market and Counterparty Risk Management (MCRM) is responsible for providing independent identification, review, oversight and analysis and monitoring of counterparty credit risk across Wells Fargo Corporation.

The ECRM Oversight team works closely with multiple lines of business.

the Desk Risk Officers (DROs), Risk Analytics, Technology, Finance and other business partners to effectively manage governance processes for ECRM.

This includes managing our Counterparty Credit Risk policies and procedures, developing and generating counterparty risk reports, investigating and troubleshooting counterparty credit risk system or model issues, supporting risk management decision making,etc.

Required Qualifications, International:

25 years of experience in one or a combination of the following: Counterparty Credit Risk Analytics Management or Capital Markets. Knowledge of Traded Securities and Derivative Products. Strong analytical skills with high attention to detail and accuracy. Strong verbal, written and interpersonal communication skills.

Desired Qualifications:

Understanding of Counterparty Credit Risk concepts including Potential Future Exposure (PFE), Credit Support Annex (CSA), Value At Risk (VAR), margining and netting.

Working knowledge of VBA, Python or SQL

Job Expectations:

Posting End Date**:
20 Feb 2024

Job posting may come down early due to volume of applicants.

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.

Applicants with Disabilities

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