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Form of workAbout this role:
The Wells Fargo Commodities Product Group is seeking an experienced individual for a physical trading and/or origination position with a focus on base metal and/or agricultural commodities. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will:
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent.
It all begins with you.
The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.
The successful candidate will be responsible for growing Wells Fargo's physical base metal and/or agriculture/dairy desk by originating, structuring, trading, and managing transactions involving physical Base Metals and/or agricultural commodities, with a geographic focus on North America. Generally, transactions will involve commodity inventory working capital and hedging solutions for Wells Fargo's customers involving these commodities. Examples of common transaction structures include repo and reverse-repo transactions, intermediations, consignments, prepaid swaps, and forward contracts. Experience with physical valuation, basis, and deliverable versus non-deliverable specifications of commodity inventory is preferred. This team-member will work closely with Wells Fargo's banking partners, as well as legal, credit, market risk, and other members of the trading and structuring teams to manage these transactions, including the associated market and credit risk.
Wells Fargo is one of the largest domestic lenders to participants in the industrial metals and agricultural value chain, so the depth of potential opportunities with current customers is extensive.
This position reports into the Markets Division of the Wells Fargo Corporate & Investment Bank (CIB), which transacts in traded products, such as foreign exchange, rates, commodities, and equities.
This role will be based in Houston, TX or New York, NY.
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
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.
Required Qualifications:
Desired Qualifications:
Job Expectations:
Posting Location:
Pay Range:
Pay Range
$173,300.00 - $359,900.00
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
The Wells Fargo Commodities Product Group is seeking an experienced individual for a physical trading and/or origination position with a focus on base metal and/or agricultural commodities. Learn more about the career areas and lines of business at wellsfargojobs.com.
In this role, you will:
At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired. Help us build a better Wells Fargo. It all begins with outstanding talent.
It all begins with you.
The Corporate & Investment Bank (CIB) delivers a comprehensive suite of banking, capital markets and advisory solutions, including a full complement of sales, trading and research capabilities, to corporate, government and institutional clients. We focus on our clients' overall financial needs, with consideration and respect for their total relationship with Wells Fargo.
The successful candidate will be responsible for growing Wells Fargo's physical base metal and/or agriculture/dairy desk by originating, structuring, trading, and managing transactions involving physical Base Metals and/or agricultural commodities, with a geographic focus on North America. Generally, transactions will involve commodity inventory working capital and hedging solutions for Wells Fargo's customers involving these commodities. Examples of common transaction structures include repo and reverse-repo transactions, intermediations, consignments, prepaid swaps, and forward contracts. Experience with physical valuation, basis, and deliverable versus non-deliverable specifications of commodity inventory is preferred. This team-member will work closely with Wells Fargo's banking partners, as well as legal, credit, market risk, and other members of the trading and structuring teams to manage these transactions, including the associated market and credit risk.
Wells Fargo is one of the largest domestic lenders to participants in the industrial metals and agricultural value chain, so the depth of potential opportunities with current customers is extensive.
This position reports into the Markets Division of the Wells Fargo Corporate & Investment Bank (CIB), which transacts in traded products, such as foreign exchange, rates, commodities, and equities.
This role will be based in Houston, TX or New York, NY.
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CRF 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents.
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.
Required Qualifications:
- 7+ years of Securities Sales experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
- 8+ years of physical base metal trading, origination, and/or marketing experience
- Knowledge and understanding of business development: business vision, strategies, and goals
- Experience with trading physical commodities within the financial services industry
- A master's degree or higher in accounting, finance, or economics
- Strong, clear and concise written and oral communication skills
- Strong financial background in capital markets
- Experience building partnerships and consulting effectively with leadership
- Ability to make timely and independent judgment decisions while working in a fast-paced and results-driven environment
Job Expectations:
- Ability to travel up to 20% of the time
Posting Location:
- Wells Fargo Plaza, Houston, TX
- 30 Hudson Yards, New York, NY
Pay Range:
- Base pay range for this position in New York is 275,000.00 - 275,000.00 USD
- May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards
Pay Range
$173,300.00 - $359,900.00
Benefits
Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.
- 401(k) Plan
- Paid Time Off
- Parental Leave
- Critical Caregiving Leave
- Discounts and Savings
- Health Benefits
- Commuter Benefits
- Tuition Reimbursement
- Scholarships for dependent children
- Adoption Reimbursement
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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 US: 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.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
