Wells Fargo

Lead Valuation Controller

Wells Fargo  •  Charlotte, NC (Hybrid)  •  2 hours ago
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Job Description

Are you looking for more? Find it here. At Wells Fargo, we're more than a financial services leader – we’re a global trailblazer committed to driving innovation, empowering communities, and helping our customers succeed. We believe that a meaningful career is much more than just a job – it’s about finding all of the elements to help you thrive, in one place.

Living the Well Life means you’re supported in life, not just work. It means having robust benefits, competitive compensation, and programs designed to help you find work-life balance and well-being. You’ll be rewarded for investing in your community, celebrated for being your authentic self, and empowered to grow. And we’re recognized for it – Wells Fargo once again ranked in the top three – making us the #1 financial services employer – on the 2025 LinkedIn Top Companies list of best workplaces “to grow your career” in the U.S. Join us!

About this role:

Wells Fargo is seeking a Lead Product & Valuation Control analyst to join the Controller’s organization within Finance. Learn more about the career areas and lines of business at wellsfargojobs.com. This role is critical in ensuring the integrity of valuations across complex commodity derivative products through independent price verification, valuation control, and risk analytics. The position highlights strong technical expertise, analytical rigor, and the ability to lead initiatives that strengthen risk management frameworks and support regulatory compliance.

In this role, you will:

  • Execute and oversee monthly IPV processes for Equity Derivatives, including listed and OTC options, variance swaps, equity swaps, forwards, structured notes, convertible products, and exotic derivatives.
  • Perform independent validation and challenge of equity spot prices, dividend assumptions, correlation inputs, volatility surfaces, borrow rates, and other market data used in valuation models.
  • Review and validate volatility surface construction, calibration methodologies, skew assumptions, and model inputs across single-stock, index, and multi-asset products.
  • Assess valuation uncertainty and implement valuation adjustment methodologies, including Bid/Offer, Model Valuation Adjustments (MVA), Concentration VA, and other valuation adjustments.
  • Ensure compliance with Fair Value Hierarchy requirements, including Level 2 and Level 3 classification assessments and supporting documentation.
  • Investigate valuation differences, IPV exceptions, and pricing disputes with Front Office, Product Control, and Market Risk teams.
  • Lead moderately complex initiatives related to valuation analytics, IPV enhancements, and valuation control automation.
  • Analyze valuation trends, IPV results, reserve movements, and key valuation risks across Equity Derivatives portfolios.
  • Aggregate, reconcile, and report valuation metrics for senior management, valuation committees, auditors, and regulators.
  • Prepare monthly IPV results, valuation adjustment reporting, Fair Value Hierarchy disclosures, and valuation governance packages.
  • Develop and enhance analytical tools, dashboards, and reporting capabilities to improve efficiency and transparency.
  • Ensure compliance with internal valuation policies, regulatory requirements, accounting standards, and model governance frameworks.
  • Support internal audit reviews, regulatory examinations, and valuation-related inquiries from external stakeholders.
  • Maintain comprehensive documentation of valuation methodologies, IPV procedures, valuation adjustments, and governance controls.
  • Partner with Model Risk Management to evaluate model limitations, assumptions, and ongoing validation requirements.
  • Partner closely with Front Office Trading, Quantitative Research, Market Risk, Product Control, Finance, and Technology teams.
  • Lead valuation control initiatives supporting new product approvals, model implementations, and business expansion.
  • Mentor junior valuation controllers and analysts while promoting best practices across the valuation control function.
  • Drive strategic automation efforts to improve valuation transparency, scalability, and operational efficiency.

Required Qualifications:

  • 5+ years of product and valuation control experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.

Desired Qualifications

  • 5+ years of experience in Independent Price Verification, Market Risk, or related financial control functions.
  • Strong understanding of valuation methodologies, control and risk frameworks.
  • Experience working with Equity Derivative markets and products, specifically Vanilla and Exotics.
  • Exceptional communication and presentation skills with the ability to interact effectively with trading desks, senior management, auditors, and regulators.
  • Advanced proficiency in SQL, and Python.
  • Proficient in Equity Derivatives, with expertise in validating volatility surfaces, dividend curves, correlation matrices, and other complex model inputs across Equity Derivative products.
  • Familiarity with market data and valuation vendors including S&P Global - Totem, RVS, Bloomberg, Reuters.
  • Bachelor's degree in finance, Economics, Mathematics, Engineering, Statistics, or a related quantitative discipline.
  • Advanced proficiency in Excel.
  • Experience with Fair Value Hierarchy, FVH, and Level 3 valuation governance.

Job Expectations:

  • Willingness to work on-site at stated location on the job opening.
  • This position offers a hybrid work schedule.
  • This position is not eligible for Visa sponsorship.

Posting Locations:

11625 N Community House Road Charlotte, NC

Posting End Date:

3 Oct 2026

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

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:

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.

Wells Fargo

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Relevant military experience is considered for veterans and transitioning service men and women. 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.© 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
San Francisco, California
Year Founded
Unknown
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