What are the responsibilities and job description for the Senior Derivatives Valuation Controller position at Wells Fargo?
About This Role
Wells Fargo is seeking a Senior Derivatives Valuation Controller. The Senior Derivatives Valuation Controller plays a critical role in managing risk across complex financial products and processes. This position focuses on valuation control, independent price verification (IPV), and risk analytics to ensure compliance with regulatory standards and internal governance. The role requires strong analytical skills, technical expertise, and the ability to lead initiatives that enhance risk management frameworks. This position sits within the Controller's organization.
In This Role, You Will
Valuation & IPV
Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Posting End Date
9 Apr 2026
Wells Fargo is an equal opportunity employer. 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.
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 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
R-534010-1
Wells Fargo is seeking a Senior Derivatives Valuation Controller. The Senior Derivatives Valuation Controller plays a critical role in managing risk across complex financial products and processes. This position focuses on valuation control, independent price verification (IPV), and risk analytics to ensure compliance with regulatory standards and internal governance. The role requires strong analytical skills, technical expertise, and the ability to lead initiatives that enhance risk management frameworks. This position sits within the Controller's organization.
In This Role, You Will
Valuation & IPV
- 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
- 4 years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
- 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
- This role offers a hybrid work schedule
- This position is not eligible for Visa sponsorship
Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Posting End Date
9 Apr 2026
- Job posting may come down early due to volume of applicants.
Wells Fargo is an equal opportunity employer. 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.
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 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
- Third-Party recordings are prohibited unless authorized by Wells Fargo.
- Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.
R-534010-1