Vice President, Commodities Counterparty Credit Manager

Wells Fargo

Lead CIB Portfolio Manager overseeing counterparty credit risk for commodities trading. Drive underwriting and risk management across diverse financial and physical commodities products.

Posted 6/3/2026full-timeNew York City • New York, Texas • 🇺🇸 United StatesLead💰 $119,000 - $224,000 per yearWebsite

About the role

Key responsibilities & impact

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

Requirements

What you’ll need

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
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

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

underwritingrisk managementcredit analysisfinancial statement analysislegal document analysisportfolio managementnegotiating credit pointsdata analysisprocess improvementbusiness communication

Soft Skills

leadershipcollaborationproblem-solvingdecision-makingtime managementadaptabilitymentoringcommunicationanalytical thinkingcommitment to core values