About this role:

Wells Fargo is seeking a Senior Lead Financial Risk Officer that will be an individual contributor role on the Finance Risk Management (FRM) – Liquidity Risk Oversight (LRO) Team reporting to the Financial Risk Senior Manager. This will be a high visibility role requiring regular interactions with senior leaders across Financial Risk Management, Finance, Corporate Risk, and Internal Audit. This individual will be responsible for liquidity risk oversight of Deposits and Intraday Liquidity.

In this role, you will:

• Review and challenge of stress test assumptions and methodologies

• Review new/updated liquidity stress test assumptions to ensure they are credible, well supported, conceptual sound, and they meet regulatory requirements

• Determine if existing assumptions and methodologies remain appropriate given changes in macroeconomic conditions, changes to regulatory requirements or regulatory feedback, assumption calibration is optimal, and data supporting assumptions are fit for its intended purpose

• Review and challenge of metrics that provide an early warning of emerging risk and manage concentration risk

• Complete compliance reviews, including Reg YY and LCR/NSFR

• Partner with Model Risk on quarterly performance monitoring of models to ensure models are operating effectively

• Monitoring of results across the different stress tests (LCR, NSFR, ILST, RLAP, RLEN, 165(d) submission, and Recovery Plan)

• Complete the assessment of new strategic initiatives and new product reviews, including modified or retired products. Evaluate the liquidity risk impact of products and identify products that are higher risk for escalation to management for review

• This individual will have ownership of risk assessments for Deposits and Intraday Liquidity

Required Qualifications:

• 7 years of Financial Risk experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• 7 years of experience in one or a combination of the following: liquidity risk, finance/treasury/asset liability management

• BS/BA degree or equivalent experience in banking and finance

• Experience in bank liquidity and/or capital analysis including stress test scenarios

• Experience working with deposits from a liquidity, finance, treasury, or capital perspective

• Experience communicating and presenting complex information to multiple levels of the organization including senior executive-level leaders

Posting Location(s):

• 401 S Tryon Street, Charlotte, North Carolina

• 600 S 4th St, Minneapolis, Minnesota

Job Expectations:

• Ability to work at the approved location(s) in the job posting

• This position currently offers a hybrid work schedule

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

Posting End Date: 

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

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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 US: 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.

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.