Senior Market Risk Specialist - Corporate Market Risk Group
Wells Fargo · New York City, New York, US
Wells Fargo is seeking a Senior Market Risk Specialist for the Structuring and Controls team within the Corporate Market Risk Group (CMRG).
Job description
About this role: Wells Fargo is seeking a Senior Market Risk Specialist for the Structuring and Controls team within the Corporate Market Risk Group (CMRG). The position will focus primarily on helping Wells Fargo ABS desks successfully execute new issuance securitization transactions (CMBS, RMBS, CLO, Consumer ABS and Commercial ABS). The Senior Market Risk Specialist plays a critical role by conducting independent modeling and offering document reviews. In this role, you will: - Develop deep subject matter expertise across asset types, cash flow structures and evolving market trends - Provide independent capital structure cashflow modeling and offering document reviews, understanding and interpreting collateral characteristics, building performance triggers and events, applying performance stress scenarios, calculating security cashflows and risk/return analytics - Reviewing offering documents for proper and adequate disclosure of deal terms, structuring terms and definitions, modeling assumptions, priority of payments and risk/return results. assumptions, description of priority of payments and risk/return results - Exercise professional skepticism to detect and resolve any pote...