Wells Fargo · 5 hours ago
Executive Director, Physical Base Metals Trading – Commodities
HOUSTON, TX
Full-time
Onsite
Mid, Senior Level
$215K/yr - $355K/yr
7+ years expWells Fargo is seeking an experienced physical base metals trader to expand their portfolio and generate trading revenue. The role involves executing physical market-making strategies, managing risk, and developing client solutions while collaborating with internal teams.
BankingFinancial ServicesFinTechInsurancePayments
Responsibilities
Trade & market‑make physical base metals and premiums/differentials; actively manage basis, spreads, and calendar rolls
Manage risk across the book using exchange and OTC instruments; maintain disciplined risk/limits adherence and thoughtful hedge construction
Coordinate logistics with internal operations and scheduling teams on deliveries, warrants/storage, and documentation to ensure smooth execution
Develop client solutions including supply/offtake agreements, inventory financing structures, and bespoke physical strategies that align with customer objectives
Grow relationships & revenue by originating new business, deepening existing client engagement, and collaborating with Sales/Structuring on wallet expansion
Monitor markets and provide timely views on fundamentals, flows, and price drivers; contribute to trade ideas, product innovation, and commercial strategy
Collaborate with Structuring, Legal, Credit, and Finance to support transactions from origination through execution and lifecycle management
Qualification
Required
7+ years of experience in capital markets or industry experience within the specific sector of the position, or a combination of both
Preferred
7+ years of physical base metals trading, origination, and/or marketing experience
Demonstrated success managing a physical trading book, including pricing, risk, and delivery obligations
Expertise in premium/differential markets (e.g., Midwest aluminum) and inventory/storage economics
Experience structuring working‑capital solutions tied to physical inventory
Established relationships across producers, consumers, merchants, and warehouses in the US/EMEA
Excellent analytical, communication, and decision‑making skills in a fast‑paced environment
Benefits
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
Company
Wells Fargo
Wells Fargo & Company is a financial services firm that provides banking, insurance, investments, and mortgage services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-10-06IPO
Leadership Team
Charlie Scharf
CEO
Fernando Rivas
CEO of Corporate & Investment Banking
Recent News
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2026-01-22
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