Wells Fargo

Senior Derivatives Valuation Controller

Wells Fargo

full-time

Posted on:

Location Type: Hybrid

Location: Houston • North Carolina • Texas • United States

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Job Level

Senior

Tech Stack

PythonSQL

About the role

  • Execute and review IPV processes for derivatives (Commodities)
  • Validate Forwards (Fixed & Basis) and Commodities volatility calibration on inputs across commodity markets
  • Implement valuation adjustment policies and Fair Value Hierarchy
  • Lead moderately complex initiatives in risk analytics and reporting
  • Aggregate, forecast, and reconcile data for risk metrics and dashboards
  • Prepare monthly IPV and aged inventory reports
  • Ensure compliance with internal policies, external standards, and all applicable regulatory requirements and examinations
  • Document models and maintain compliance with internal governance standards
  • Partner with Market Risk, Model Risk, and Product Control teams
  • Mentor junior analysts and lead cross-functional projects

Requirements

  • 4+ years of Risk Analytics experience
  • 4+ years of experience in valuation control or related field
  • Familiarity with vendor data systems (Markit/Totem, RVS, Bloomberg/Reuters)
  • Proficient in Commodity Derivatives, with expertise in IPV processes including forward pricing and volatility surface calibration
  • Experience with Fair Value Hierarchy(FVH) and reporting
  • Knowledge of Commodity Derivative markets and products
  • Advanced proficiency in SQL, and Python
  • Excellent communication and presentation skills
  • Advanced proficiency in Excel
  • Strong understanding of valuation methodologies, control and risk frameworks
Benefits
  • Hybrid work schedule
  • Drug free workplace
  • Equal opportunity employer
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Risk AnalyticsValuation ControlIPV ProcessesForward PricingVolatility Surface CalibrationFair Value HierarchySQLPythonExcelValuation Methodologies
Soft Skills
CommunicationPresentationMentoringLeadershipCollaboration