Senior Market Risk Specialist

Wells Fargo is seeking a Senior Market Risk Specialist to join our team. This is an exciting opportunity for an experienced financial professional to provide expertise in the assessment, measurement, and management of market risk. The ideal candidate will be a highly motivated individual with strong critical thinking, communication, and analytical skills. To be considered, applicants must possess a minimum of five years of experience in a financial institution, preferably in a market risk role. A Bachelor’s degree in a related field such as mathematics, economics, finance, or statistics is also required.If you have the qualifications and enthusiasm to join a team of professionals dedicated to helping us manage market risk, this is the position for you. We are looking for someone who can bring innovative ideas and a commitment to excellence to our team.

Responsibilities:

1. Analyze and assess market risk across the organization, identifying areas of exposure.
2. Develop strategies and techniques to effectively manage and mitigate market risk.
3. Monitor the performance of existing risk strategies and identify areas for improvement.
4. Create and implement policies and procedures for managing risk.
5. Prepare reports and presentations on market risk, as well as provide guidance and direction to other departments.
6. Monitor and analyze changes in the market that can affect the organization’s risk profile.
7. Collaborate with other departments to ensure risk management objectives are being met.
8. Participate in industry forums and other activities to stay abreast of market developments.
9. Provide support and guidance to junior team members.
10. Remain compliant with relevant regulatory requirements.

According to JobzMall, the average salary range for a Senior Market Risk Specialist in Chicago, IL, USA is between $98,606 and $143,854. The median salary for this position is $118,939.

Wells Fargo & Co. is a bank holding company that engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers investment management and other services to retail customers and securities brokerage and provides financial products and services to consumers and small businesses.