Global Markets Commodities COO

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

• 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

• 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

• 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.

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

• 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