Job Description
Senior Assistant Vice President Commodities Counterparty Credit Manager
Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets banking and financial products and services. A trusted partner to our clients we provide corporate and transactional banking commercial real estate lending and servicing investment banking equity and fixed income solutions including sales trading and research capabilities to corporate commercial real estate government and institutional clients across the globe.
Markets provides solutions to clients with the means to manage their exposure through various derivatives lending and cash products across Structured Products Group Macro Equities Municipal Products Group Credit Sales & Trading.
About this role:
Wells Fargo is seeking a Senior 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
- 4+ years of Experience in CIB Portfolio Management or equivalent demonstrated through one or a combination of the following: work experience training military experience education
- 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
- 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
- 500 West 33rd St. - New York New York 10001
- 1445 ROSS AVE - DALLAS TX 75202
- 1000 Louisiana St - Houston TX 77002
25 Jun 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.
Skills Required
- 4+ years experience in CIB Portfolio Management or equivalent
- Experience with financial and physical commodities products and counterparties (underwriting and portfolio management)
- Experience negotiating credit points in master trading documentation (ISDAs Credit Support Annexes)
- Financial statement and legal document analysis experience
- Strong research and business communication skills including underwriting memos and white papers
- Intermediate Microsoft Office skills (Outlook Word Excel PowerPoint)
- Ability to execute in a fast-paced environment and balance multiple priorities
- Ability to partner with sales trading legal market risk and operations teams
- Demonstrated commitment to risk management and corporate values
Wells Fargo Compensation & Benefits Highlights
How does Wells Fargo ensure its pay and bonus plans are competitive?
Wells Fargo ensures its pay and bonus plans remain competitive through a structured performance-driven compensation philosophy combined with regular market benchmarking. The company’s approach is centered on “pay for performance” meaning compensation is directly linked to individual contributions business results and overall company performance. This includes evaluating how employees meet regulatory expectations manage risk responsibly and contribute to long-term value creation.
To maintain market competitiveness Wells Fargo conducts global compensation reviews using third-party consultants. These reviews assess both base salary and total compensation across the organization factoring in role level tenure and geographic differences. The company also evaluates pay equity and has reported no significant unexplained pay gaps following its most recent review. This process ensures that compensation remains aligned with industry standards while reinforcing fairness and transparency.
Bonuses and incentives are designed to reward strong performance and support retention of top talent. Compensation programs are structured not only to motivate employees but also to promote prudent risk management and discourage excessive risk-taking—an important consideration in financial services. In addition to performance-based pay employees benefit from a comprehensive rewards package that includes a 401(k) match (up to 6%) stock purchase opportunities and other financial wellness resources.
Together these practices create a compensation framework that balances competitiveness fairness and long-term sustainability—helping Wells Fargo attract retain and reward talent across its global workforce.
Employee Perspective
“Wells Fargo has given me the opportunity to pursue my master’s degree. With the tuition reimbursement and the support of my managers I’ve been able to gain some really valuable skills.”
— Destinee Richey Business Intelligence Consultant
At-a-Glance
- Compensation philosophy: Pay for performance tied to individual business and company outcomes
- Market alignment: Global benchmarking with third-party consultants; no significant unexplained pay gaps
- Bonus structure: Performance-based incentives aligned with results and risk management
- Total rewards: 401(k) match up to 6% stock purchase plan financial wellness resources
External Signals
- Comprehensive Benefits: Employees give the company high marks for its benefits package giving it an ‘A-’ rating and a 73% satisfaction score on external review sites (Comparably).
- LinkedIn Top Companies 2025: #3 overall #1 in financial services
- Disability Equality Index: 100% score (multiple years)
- CAREERS & the disABLED Top Employers 2024: #3 ranking
- Military Friendly Employer (2025): Top 10 Gold Seal
Wells Fargo Insights
What We Do
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets. We provide a diversified set of banking investment and mortgage products and services as well as consumer and commercial finance through our four reportable operating segments: Consumer Banking and Lending Commercial Banking Corporate and Investment Banking and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. Our technology professionals drive innovation information security and big data analytics while maintaining a network that handles more than 12 billion customer interactions a year. Join us! 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. 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. © 2026 Wells Fargo Bank N.A. All rights reserved. Member FDIC.
Why Work With Us
We're known for our “Well Life” approach to supporting employees’ career aspirations work-life balance and mental and physical health. We ranked in the top 3 on the 2025 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.
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Date Posted
06/24/2026
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