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. Learn more about the career areas and lines of business at wellsfargojobs.com. 

About this role:

Wells Fargo is seeking a Commodities COO (CIB Business Management Director) in CIB as part of Markets.

This opportunity is a pivotal strategic leadership role driving the growth, modernization, and long‑term expansion of the Commodity Products franchise within Global Markets. The position oversees operational excellence, financial discipline, strategic business management, and the execution of new product and market‑expansion initiatives. Working in close partnership with the existing Commodities COO team, the role ensures that business strategy is translated into scalable infrastructure, disciplined risk management, regulatory readiness, and a platform capable of supporting both current operations and future growth ambitions across trading, sales, and support functions.

In this role, you will:

• Shape and execute forward‑looking operational strategies that accelerate business growth and align with the long‑term objectives of the division and the firm
• Partner closely with the Line of Business CFO to steer financial performance through disciplined budgeting, forecasting, and analytical reporting that supports scalable expansion
• Proactively identify, assess, and mitigate operational and regulatory risks to ensure a resilient, globally compliant operating environment as the franchise grows
• Lead the development and launch of new products and market‑expansion initiatives—including international build‑outs, power trading, commodity financing, vaulting solutions, and new index offerings—while managing related internal and external risks
• Continuously refine and monitor performance metrics to measure strategic impact, detect emerging issues, and guide data‑driven decisions that support growth
• Drive senior‑level partnerships with key vendors, market‑data providers, exchanges, and brokers to optimize platform capabilities, enhance competitive positioning, and manage expenses effectively
• Build and strengthen cross‑functional partnerships with Finance, HR, Technology, Operations, Legal, Operational Risk, Business Controls, Internal Audit, and Regulatory Relations to ensure unified execution of strategic priorities
• Oversee coordination of technology, models, and other highly technical workflows with internal and external teams to ensure seamless operations across existing offerings and new product expansion
• Engage proactively with regulators and Internal Audit, ensuring transparent communication, strong control discipline, and timely remediation of findings to support a resilient and growth‑ready operating environment

Required Qualifications:

• 8+ years of corporate & investment banking business management or leadership experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
• 8+ years of Capital Markets experience 
• 4+ years of management or leadership experience

Desired Qualifications:

• Experience in commodities trading, risk management, operations, or market infrastructure
• Experience overseeing complex global trading operations
• Experience introducing new processes and technologies to enhance operational efficiency
• Strong ability to diagnose inefficiencies, refine workflows, and elevate end‑to‑end processes
• Demonstrated senior leadership across cross‑functional teams and multiple departments
• Adept at converting CEO‑level strategy into executable plans, ensuring readiness for new products and supporting expansion into new markets
• Extensive understanding of market, credit, and operational risk within volatile physical and derivatives environments
• Extensive regulatory expertise across relevant jurisdictions
• Sound judgment with the confidence to challenge business decisions when appropriate

 Job Expectations:

• 10% of travel
• Visa sponsorship is not available
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
• 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.

Posting Location:

• 500 West 33rd St. - New York, New York 10001
• 1000 Louisiana St. - Huston, Texas 770022

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.

$250,000.00 - $420,000.00

Posting End Date:

26 Jan 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.

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.