Senior Valuation Control Analyst

Wells Fargo is seeking a Senior Valuation Control Analyst

In this role, you will:

• Lead or participate in moderately complex initiatives related to daily profit and loss production, attribution, and commentary for trading and banking desks

• Review and analyze valuation inputs, trade data, and reconciliation breaks to ensure accurate financial reporting and control

• Oversee independent price verification and fair value adjustments in collaboration with Risk and Valuation Control

• Perform daily and monthly balance sheet substantiation and ensure trade booking accuracy

• Independently resolve moderately complex valuation and reconciliation issues and contribute to control framework enhancements

• Provide financial insight into profitability, risk-adjusted returns, and capital usage to support business decisions

• Collaborate and consult with peers, colleagues, and mid-level managers across Finance, Risk, and Front Office to resolve issues and achieve goals

• Identify and implement process improvements in reporting accuracy, control automation, and data governance and support regulatory reporting processes (e.g., Volcker, etc.) and maintain audit-ready documentation

• Lead projects, mentor less experienced analysts, and coordinate cross-functional initiatives within the product and valuation control function

• Expand understanding of systems and data flows across Front Office, Risk, and Finance to provide recommendations to fix issues at source

Required Qualifications:

• 4+ years of product and valuation control experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications:

• Bachelors/MBA in Finance, Accounting, Statistics, Economics or Business or CFA/FRM/CQF
• Strong experience in one or a combination of the following: Valuations, analytics, financial modeling
• Prior work experience; knowledge of capital markets products
• Excellent verbal and written communication skills
• Advanced Microsoft Office skills
• Strong analytical skills.
• Ability to articulate complex concepts in a clear manner
• Ability to organize and manage multiple priorities
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important.
• Prior working knowledge of one or more of the following: Alteryx, Power BI, Tableau, SQL
• Experience in trading, valuing or price validating capital market instruments
• Previous experience with Model Risk Management practices including Model Governance and/or Model Validation
• The ability to effectively manage multiple projects with challenging timelines
• Ability to collaborate with internal and external partners
• Excellent communication skills; ability to clearly communicate with business partners, peers and senior management
• Strong conceptual and quantitative problem solving skills; ability to provide credible challenge

The role is a derivative valuation specialist responsible for ensuring accurate valuations of and performing validation processes for capital markets products. The team is responsible for the application of consistent price validation
policies throughout the corporate wide derivative and cash population including Equity, Credit, Interest Rate, FX, Commodity and CVA. The position requires an in-depth understanding of valuation techniques, models and valuation inputs. The ideal candidate will possess strong analytical and quantitative skill sets. Individual will be expected to assist with problem identification and solutions, and share best practices. This role will be required to frequently interact with senior management, business unit leaders, and other business partners. The successful candidate will be a highly motivated team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. The candidate should be flexible, be able to withstand challenges and adapt accordingly. This is an exciting opportunity to help ensure high quality standards and compliance with the firm’s valuation and validation policies. This role requires a highly organized individual that is able to multi-task effectively and can quickly grasp complex instruments. Excellent planning and communication skills are required as this position needs to be highly skilled in anticipating and articulating issues and communicating those issues to various audiences within the organization. Modeling knowledge related to a variety of models will be helpful to be effective in this role.

Posting End Date:

*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.