Key Responsibilities:- Develop Physical Trading Capabilities: Lead efforts to onboard warehouses, establish counterparty relationships, and manage contracting, logistics, and delivery processes.
- Source and Execute Transactions: Handle physical dairy transactions (milk, cream, butter/AMF, cheese, powders) and negotiate long-term supply/off-take agreements. Build and deepen relationships with producers, processors, and distributors.
- Risk Management: Oversee the physical dairy trading book, manage risk using exchange and OTC instruments, and maintain disciplined risk/limits adherence.
- Logistics Coordination: Work with internal operations and scheduling teams to ensure smooth execution of deliveries, warrants/storage, and documentation.
- Market Monitoring & Strategy: Track supply-demand fundamentals, storage and production reports, and trade auctions to inform pricing and competitiveness. Contribute to trade ideas and commercial strategy.
- Cross-Functional Collaboration: Work with structuring, legal, risk, and back-office teams to support transactions from origination through execution and lifecycle management.
Required Qualifications:- 3+ years of industry experience in the relevant sector.
Desired Qualifications:- Experience in physical dairy trading, origination, or marketing.
- In-depth knowledge of dairy products (milk, cheese, butter, powders, whey) and their market dynamics, including quality specifications and logistics.
- Strong grasp of market fundamentals, basis and spreads, and physical execution (contracting, logistics, delivery, settlement).
- Experience in working-capital solutions tied to physical inventory.
- Established relationships across producers, consumers, merchants, and warehouses in the U.S.
- Excellent analytical, communication, and decision-making skills in a fast-paced environment.
Job Expectations & Compensation:- Travel up to 30%.
- This position is eligible for a discretionary bonus, restricted share rights, and other long-term incentive awards, which may be a significant component of the total compensation package
Pay RangeReflected 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.
$119,000.00 - $224,000.00
Benefits Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
- 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
Posting End Date:19 Feb 2026
* Job posting may come down early due to volume of applicants. We Value Equal OpportunityWells 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.
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