Wells Fargo

Lead Valuation Controller Commodities

Wells Fargo$100K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of Risk Analytics experience or equivalent work-related training.
  • Bachelor’s degree in Finance, Economics, Mathematics, or a related field.
  • Strong understanding of valuation methodologies and control frameworks.
  • Advanced proficiency in Excel for analytical tasks.
  • Hands-on experience with commodity derivatives and IPV processes.
  • Familiarity with Fair Value Hierarchy (FVH) reporting.
  • Technical skills in SQL and Python for data analysis.

Responsibilities

  • Execute independent price verification (IPV) for commodity derivatives.
  • Validate pricing and assess commodity volatility across markets.
  • Apply valuation adjustments and maintain Fair Value Hierarchy classifications.
  • Lead initiatives on risk analytics and reporting improvements.
  • Aggregate and analyze large datasets for risk metrics and dashboards.
  • Deliver monthly IPV results and valuation commentary to stakeholders.
  • Ensure compliance with internal policies and regulatory requirements.

Benefits

  • Hybrid work schedule from Houston or Charlotte locations.
Full Job Description

About this role:

Wells Fargo is seeking a Lead Derivatives Valuation Controller to join the Controller’s organization. This role is critical in ensuring the integrity of valuations across complex commodity derivative products through independent price verification (IPV), valuation control, and risk analytics. The position requires 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 review independent price verification (IPV) processes for commodity derivatives, ensuring accuracy and completeness of valuations

  • Validate forward pricing (fixed and basis) and assess commodity volatility surface calibration across markets

  • Apply valuation adjustments and maintain appropriate Fair Value Hierarchy (FVH) classifications and reporting

  • Lead moderately complex initiatives focused on risk analytics, reporting enhancements, and process improvements

  • Aggregate, analyze, forecast, and reconcile large datasets to support key risk metrics, dashboards, and business insights

  • Prepare and deliver monthly IPV results, aged inventory analysis, and valuation commentary for stakeholders

  • Ensure compliance with internal policies, control frameworks, and regulatory requirements, supporting audits and examinations

  • Document valuation methodologies, models, and controls in alignment with governance standards

  • Partner with Market Risk, Model Risk, Product Control, and other cross-functional teams to strengthen valuation processes

  • Mentor junior team members and provide technical guidance while leading cross-functional initiatives

Required Qualifications:

  • 5+ years of Risk Analytics experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

  • Bachelor’s degree in Finance, Economics, Mathematics, or a related discipline

  • Strong knowledge of valuation methodologies, control frameworks, and risk management practices

  • Advanced proficiency in Excel

  • Hands-on experience with commodity derivatives and IPV processes, including forward pricing and volatility calibration

  • Understanding of Fair Value Hierarchy (FVH) and valuation reporting

  • Experience with vendor data platforms such as Markit/Totem, RVS, Bloomberg, or Reuters

  • Advanced technical skills in SQL and Python for data analysis and automation

  • Deep knowledge of commodity markets and derivative products (e.g., energy, metals, agriculture)

  • Proven ability to manage projects and influence stakeholders in a matrixed environment

Job Expectations:

  • This position is not eligible for Visa sponsorship

  • This position offers a hybrid work schedule from our Houston or Charlotte locations

Posting End Date:

18 Jun 2026

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

About Wells Fargo

Wells Fargo Careers

Joining Wells Fargo means becoming part of a distinguished financial institution that has been a cornerstone of innovation and leadership in the banking industry. At Wells Fargo, we offer a plethora of job opportunities designed to empower your career growth and development in a diverse and inclusive environment.

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We believe in nurturing the potential of our employees. Wells Fargo offers robust training programs and resources to help every team member excel in their current roles and prepare for future challenges. Growth at Wells Fargo is not just about climbing the career ladder but expanding your skills and expertise to add value to our team and customers.

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Learn more about Wells Fargo
Size
246,577 employees
Market Cap
$155.2 billion
Industry
Net Income
$3.3 billion
Founded
1852
5 Year Trend
-5.9%
NASDAQ

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