Commodities Group Director - Base Metals

About this role:

The Wells Fargo Commodities Product Group is seeking a Commodities Product Group Director for a base metals structuring and origination position.  Wells Fargo is one of the largest domestic lenders to the metal manufacturing and extruding industry, so the depth of potential opportunities with currently onboarded 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 New York or Houston.

In this role, you will:

• Be responsible for trading, originating, structuring, and/or managing transactions involving base metals

• Provide commodity inventory working capital and hedging solutions to Wells Fargo’s customers

• Execute common transaction structures including, reverse-repo agreements, obligated and unobligated two-way transactions, intermediation / three-way transactions, commodity leases, commodity consignments, and prepaid contracts

• Work closely with Wells Fargo’s banking partners, as well as legal, credit, market risk, and other members of the structuring team under the head of the Commodity Linked Finance desk

• Manage the origination and management of these transactions, including risk management, modeling, and obtaining customer flow through deal origination

Required Qualifications, US:

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

Desired Qualifications:

• 5+ years of base metals 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 with modeling structured energy transactions

• 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

• Base pay range for this position in New York is 200,000.00 - 275,000.00 USD

• May be considered for a discretionary bonus, Restricted Share Rights or other long-term incentive awards

Pay Range

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, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

How we hire

This is an example of some common job content that can be shown at the bottom of every job description. It is added in the CMS and then shown on every job. It can be used to supplement the job content that comes from the ATS.

Egestas faucibus lacus a ac aptent ac condimentum risus iaculis a parturient a enim suscipit semper hendrerit feugiat suspendisse lobortis facilisis vel at dolor ornare rutrum a elementum mi. Rhoncus mollis curae penatibus scelerisque suspendisse faucibus phasellus porttitor maecenas amet a amet hac facilisi a urna a vestibulum vestibulum maecenas per adipiscing ultrices.