Vice President, Commodities Counterparty Credit Manager

Vice President, Commodities Counterparty Credit Manager

Wells Fargo is seeking a Lead CIB Portfolio Manager to join the Counterparty Credit Management (CCM) – Commodities team within the Corporate & Investment Banking (CIB) Markets division. The Commodities CCM team serves as the front‑line credit risk function for Wells Fargo's Commodities Sales & Trading desk, responsible for underwriting, approving, and monitoring counterparty credit exposure across financial and physical commodities products. Our counterparties include companies who use or deal in commodities, hedge funds, broker‑dealers, commodity trading firms, and other institutional clients.

In this role, you will:

• Lead underwriting, grading, and risk management efforts for a portfolio of counterparties active in financial and physical commodities products with various affiliates of Wells Fargo
• Recommend and justify credit limits for financial and physical commodities trading businesses, negotiating master documentation, escalating limit exceptions, and reacting to the credit quality of assigned sector(s)
• Maintain existing portfolio across a broad array of disciplines in keeping with underwriting policies and identified best practices
• Review and research multifaceted, large-scale, and long-term industry and counterparty business models that require in-depth evaluation of multiple factors
• Make decisions in complex situations requiring exceptional understanding of the function, policies, procedures, and compliance requirements that influence and lead a broader work team to produce deliverables and drive new initiatives
• Identify opportunities for process improvements within scope of responsibilities or functional area
• Collaborate and consult with peers, colleagues, and mid-level to more experienced managers to resolve issues and achieve goals
• Lead projects, teams, or serve as a peer mentor

Required Qualifications:

• 5+ years of Experience in CIB Portfolio Management, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience with financial and physical commodities products and counterparties active in these products from an underwriting and portfolio management perspective.
• Strong research and business communication skills, including an ability to capture, analyze and succinctly translate data into underwriting memos, white papers, and communications in a timely manner
• Knowledge of and experience with negotiating credit points in master trading legal documentation (ISDAs, Credit Support Annexes, etc.).
• Experience with financial statement and legal document analysis
• Intermediate Microsoft Office skills (Outlook, Word, Excel, PowerPoint)
• Ability to execute in a fast-paced, high-demand environment while balancing multiple priorities
• Ability to partner with a wide range of colleagues including sales, trading, legal, market risk, counterparty credit risk, and operations teams
• Demonstrated commitment to risk management and core values of the organization
• Personal ability to understand and operate successfully in a complex, heavily matrixed corporate environment

Job Expectations:

• Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
• Visa sponsorship is not available

Posting Locations:

• 500 West 33rd St. - New York, New York 10001
• 1445 ROSS AVE - DALLAS, TX 75202
• 1000 Louisiana St - Houston, TX 77002

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.

$119,000.00 - $224,000.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

Posting End Date:

8 May 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.