Executive Director, Environmental Products Trading – Commodities

Environmental Products Trader

Wells Fargo Corporate & Investment Banking delivers a comprehensive suite of capital markets, banking, and financial products and services. A trusted partner to our clients, we provide corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity and fixed income solutions including sales, trading, and research capabilities to corporate, commercial real estate, government, and institutional clients across the globe.

Markets provides solutions to clients with the means to manage their exposure through various derivatives, lending and cash products across Structured Products Group, Macro, Equities, Municipal Products Group, Credit Sales & Trading.

About this role:

The Wells Fargo Commodities group is seeking an experienced trader to lead our environmental products trading activities. In this role, you will partner with the commodities sales team to compete for client hedging, market access, and structured solutions on environmental products and will own P&L and risk of this portfolio. You will generate incremental trading revenue through market-making to the wider market and deploying trading strategies in accordance with the desk's risk limits.

The role will also be expected to lead product and business development efforts, including securing internal approvals and expanding the desk's trading capabilities across environmental products.

The role will focus on pricing and hedging client activity across key U.S. compliance and energy attribute markets, including California Carbon Allowances (CCA), Regional Greenhouse Gas Initiative (RGGI) allowances, Low Carbon Fuel Standard (LCFS) credits, Renewable Energy Credits (RECs), and other environmental product solutions.

Key Responsibilities:

• Trade & market-make across U.S. environmental product markets, including CCA, RGGI, LCFS, and RECs, in support of the desk's client business.
• Manage market risk across the portfolio; maintain disciplined risk/limits adherence and thoughtful hedge construction. Actively manage outright, calendar, basis, and cross-market exposures, as well as non-linear risk factors arising from options and structured transactions.
• Construct forward curves and volatility views through market analysis and expert trading judgment to support client pricing, portfolio valuations, and robust P&L attribution across compliance carbon and energy attribute markets.
• Partner with the quantitative modeling group to enhance trade pricing, valuation, and risk calculation methodologies and expand the desk's environmental trading capabilities.
• Grow relationships & revenue through partnership with sales and structuring teams by originating new client business, deepening existing relationships, and delivering tailored environmental risk management and market access solutions.
• Lead product and business development by driving internal approvals, building out trading infrastructure and capabilities, and expanding the desk's ability to transact in environmental products.
• Monitor markets and provide timely views on regulatory developments, program design changes, supply-demand fundamentals, and price drivers; contribute to trade ideas, product innovation, and commercial strategy.
• Develop talent and set desk standards by mentoring junior traders and analysts, sharing market views and best practices, and reinforcing disciplined risk management, compliance, and market conduct expectations.

Required Qualifications:

• 7+ years of Securities Trading experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• 7+ years of environmental products, emissions, power, or related commodities trading experience managing a large and complex risk portfolio.

Desired

Qualifications:

• Proven ability to price competitive client hedging flows across U.S. compliance carbon and environmental markets, including CCA, RGGI, LCFS, and RECs.
• Strong track record of risk-managing a dealer portfolio and generating trading revenue through effective market-making and risk-taking strategies.
• Experience managing an options or structured portfolio and developing robust pricing and risk views across environmental products.
• Strong understanding of U.S. environmental market fundamentals, including regulatory frameworks, auction mechanisms, compliance cycles, and supply-demand drivers.
• Demonstrated experience leading new product approvals, business buildouts, or capability expansions in environmental products or related commodities markets.
• Exceptional stakeholder management skills with the ability to lead and collaborate across functions.
• Strong commercial judgment and excellent communication and influencing skills.
• Comfortable working in a matrix organizational environment, fostering effective partnerships.
• Proficiency in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint).
• Bachelor's degree or higher in Business Administration, Economics, Finance, or a related field.

Job…