Lead Treasury Risk Officer at Wells Fargo
Dublin, County Dublin, Ireland -
Full Time


Start Date

Immediate

Expiry Date

03 Aug, 25

Salary

0.0

Posted On

03 May, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Continuous Improvement, Excel, Funds Transfer Pricing, Financial Risk Management, Liquidity, Capital Adequacy, Funding, Analytical Skills, Powerpoint, Stakeholder Management, Credit Risk, Training, Market Risk, Risk, Collaboration, Capital Markets, Trading

Industry

Financial Services

Description

APPLICANTS WITH DISABILITIES

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .

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

Required Qualifications:

  • Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • This role will rely on industry expertise and proven experience in a Treasury or Risk background specifically relating to Liquidity & Funding with exposure to IRRBB and Capital Adequacy and a good working knowledge of Funds Transfer Pricing, Market Risk and Counterparty Credit Risk. Additionally, experience and/or exposure relating to regulatory reporting, stress testing processes, ILAAP and ICAAP is required.
  • Proven ability to oversee Financial Risk Management within a banking environment.
  • Strong analytical skills with high attention to detail and accuracy and the ability to recognise and investigate reporting anomalies.
  • Business focused with strong stakeholder management and influencing skills and able to interact with all levels of an organization and operate up to senior management level.
  • Ability to prioritise multiple projects and deadlines.
  • Must be able to work independently and positively collaborate in a fast-paced team environment.
  • Self-starter who can identify and deliver continuous improvement.
  • Ability to identify and monitor risk in collaboration with Compliance and Audit.
  • Risk management qualification preferable.
  • Advanced Microsoft Office (Word, Excel, and Powerpoint) skills
Responsibilities

Wells Fargo is seeking a Lead Market Risk Officer to join the Treasury Risk team, reporting to the Head of Treasury Risk.
The Treasury Risk team is a second line of defence in team within Independent Risk Management (IRM). The Treasury Risk team provide IRM oversight and challenge with respect to Liquidity, Interest Rate, Capital Adequacy and Market (including counterparty credit risk) Risks, in addition to leading the IRM review and challenge of the ICAAP, ILAAP and Recovery Plan. The team also has a second line oversight role in Funds Transfer Pricing. This role will rely on industry expertise and a proven experience in a Treasury or Risk background specifically Liquidity & Funding but also including IRRBB and Capital Adequacy.

In this role, you will:

  • Lead the development and refinement of qualitative and quantitative Liquidity oversight and reporting to meet the needs of the Bank in order to support effective decision making.
  • Assist in oversight and monitoring of Interest Rate Risk in the Banking Book (IRRBB) and Capital Adequacy along with Market, Counterparty Credit Risk and Funds Transfer Pricing.
  • Lead the annual IRM review and challenge of both the qualitative and quantitative aspects of the ILAAP and assist in the annual IRM review and challenge ICAAP and Recovery Plan.
  • Prepare and deliver Liquidity, Interest Rate, Capital Adequacy and Market Risk Reports to Board, Risk Committee and ALCO as well as the Senior Management team.
  • Evaluate the adequacy and effectiveness of policies, procedures, processes, systems, and internal controls for Treasury Risk oversight.
  • Lead the RCSA (Risk & Control Self-Assessment) Liquidity oversight annual assessment process for the team and assist with RCSA annual process for additional Treasury Risks.
  • Continuous development, enhancement and embedding of the Liquidity, IRRBB, Capital Adequacy and Market Risk Framework to deliver effective risk management to the business and continue to educate the business in effective risk management ensuring that processes are fit for purpose.
  • Provide Liquidity Risk expertise for New Business Initiatives.
  • Assist in the annual review of the Bank’s Statement of Risk Appetite Framework and review and challenge proposed Liquidity, IRRBB, Capital Adequacy and Market Risk limits consistent with the Bank’s Risk Appetite.
  • Interact with the Front-line teams responsible for identifying, monitoring and measuring of treasury risks.
  • Review existing and new regulatory requirements and guidelines relating to financial risks to ensure compliance.
  • Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals.
  • Involvement in the Bank’s Strategy, and Operating Plan as it relates to treasury processes.

Required Qualifications:

  • Experience in Capital Markets, trading or interest rate risk, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • This role will rely on industry expertise and proven experience in a Treasury or Risk background specifically relating to Liquidity & Funding with exposure to IRRBB and Capital Adequacy and a good working knowledge of Funds Transfer Pricing, Market Risk and Counterparty Credit Risk. Additionally, experience and/or exposure relating to regulatory reporting, stress testing processes, ILAAP and ICAAP is required.
  • Proven ability to oversee Financial Risk Management within a banking environment.
  • Strong analytical skills with high attention to detail and accuracy and the ability to recognise and investigate reporting anomalies.
  • Business focused with strong stakeholder management and influencing skills and able to interact with all levels of an organization and operate up to senior management level.
  • Ability to prioritise multiple projects and deadlines.
  • Must be able to work independently and positively collaborate in a fast-paced team environment.
  • Self-starter who can identify and deliver continuous improvement.
  • Ability to identify and monitor risk in collaboration with Compliance and Audit.
  • Risk management qualification preferable.
  • Advanced Microsoft Office (Word, Excel, and Powerpoint) skills.
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