Senior Derivatives Valuation Specialist
12 hours ago
Risk Analytics Senior Consultant is a key position in our newly created enterprise-wide center of excellence group, responsible for ensuring accurate valuations and performing independent price verification processes for derivatives, with a focus on FX and Rates derivatives.
Key Responsibilities- Ensure accurate valuations and perform independent price verification processes for derivatives, with a focus on FX and Rates derivatives
- Review Bid Offer and Model Valuation Adjustment for derivative portfolio
- Deep dive IPV results and assist trader with high-quality commentary month-on-month basis
- Meet deliverables while leveraging solid understanding of Fair Valuation policies, procedures, and compliance requirements
- Interact with technology teams to streamline IPV processes
- Interact with quants, traders, market risk, and product control to lead various IPV projects
- Resolve moderately complex issues independently
- Lead projects, teams, or serve as a mentor for less experienced staff
Enterprise Global Services (EGS) enables global talent capabilities for Wells Fargo Bank NA by supporting over half of Wells Fargo's business lines and staff functions across Technology, Business Services, Risk Services, and Knowledge Services. EGS operates in Hyderabad, Bengaluru, and Chennai in India and in Manila, Philippines.
Required Skills and Qualifications- Bachelor's/MBA in Finance, Accounting, Statistics, Economics, or Business, or CFA/FRM/CQF
- 9+ years of experience in one or a combination of the following: Valuations, analytics, financial modeling
- Prior work experience; knowledge of capital markets products, preferably FX and Rates derivatives
- Applied knowledge and understanding of derivatives valuation (preferably as used in Rates Derivatives) and building of interest rate curves
- Experience in trading, valuing, or price validating capital market instruments
- Excellent verbal and written communication skills
- Advanced Microsoft Office skills, SQL
- Ability to organize and manage multiple priorities with challenging timelines
- Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
The estimated annual salary for this role is $120,000 - $180,000, depending on qualifications and experience. Additionally, we offer a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.
About Wells FargoWe value diversity, equity, and inclusion in the workplace. 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.
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