Wells Fargo · 5 hours ago
Associate, Physical Dairy Trading - Commodities
Houston, TX
Full-time
Onsite
Mid Level
$119K/yr - $224K/yr
3+ years expWells Fargo is a financial services company, and they are seeking an Associate for Physical Dairy Trading in Commodities. The role involves developing trading capabilities, sourcing and executing transactions, managing risks, and coordinating logistics related to physical dairy products.
BankingFinancial ServicesFinTechInsurancePayments
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
Qualification
Required
3+ years of industry experience in the relevant sector
Preferred
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
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
2026-01-24
2026-01-23
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