About this role:

Wells Fargo is seeking an Assistant General Counsel and Executive Director in the Corporate & Investment Banking (CIB) Markets Section of the Legal Department.

For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career.

This position is responsible for providing legal services to the institutional and international repo, TBA, derivatives, FX, and other fixed income and structured products trading businesses of Wells Fargo Bank and its affiliates, including Wells Fargo Securities, LLC. In addition, this position will support Wells Fargo’s sales and trading desks on matters involving the U.S. Treasury Clearing rule, Dodd-Frank, related CFTC and SEC rules, IM and VM Margin rules, FINRA Rule 4210, other domestic and international laws pertaining to traded products and exchange trading, clearing, margining, reporting, and any other requirements or financial reform initiatives.

In this role, you will:

Advise leadership to develop or influence objectives, plans, specifications, resources, and long-term goals for highly complex businesses and needsHandle matters that have a significant impact on the Company's operations, strategies, or profitabilityProvide legal advice on matters for management of the Corporation and its subsidiariesServe as a legal advisor to the businesses within Wells FargoLead the strategy and resolution of highly complex and unique challenges across multiple areas or the enterprise, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to othersReview and analyze complex large-scale or long-term challenges that require in-depth evaluation of multiple factors, including intangibles or unprecedented factorsProvide vision, direction, and expertise to leadership on implementing innovative and significant business solutionsDevelop and lead implementation of strategic business initiatives, leading teams to meet deliverables and drive new initiativesProvide substantive legal advice on matters to senior management of the CorporationEducate, train, and supervise less experienced attorneys within the Legal departmentCollaborate with and influence all levels of professionals, including more experienced managersOversee and take an active role in the education and training of a team of attorneysEngage and influence stakeholders, internal partners, and peers associated with the function or affected by its outcomes

Required Qualifications:

7+ years of Law experience, or equivalent demonstrated through one or a combination of the following: work experience training, military experience, educationActive State Bar membership or the equivalent in a country outside the United States
 

Desired Qualifications:

Experience as a practicing attorney7+ years of significant experience in representing clients with respect to repo, and/or derivatives and FX products, and/or TBA and Covered Agency transactionsStructured Products experience (i.e., experience with Sponsored Repo, Structured Repo and Committed Repo preferred)Significant experience with broad range of customers (banks, hedge funds, investment managers, 1940 Act funds, pension plans, corporate, and insurance companies) and related regulations (e.g., ERISA and the Investment Company Act of 1940)Significant knowledge and experience with U.S. and foreign laws; rules and regulations relevant to repo, and/or derivatives and FX transactions, and/or TBA and Covered Agency; Knowledge and experience with the new SEC Treasury Rules preferred, as well as the Dodd-Frank Act; related CFTC and SEC Rules; IM and VM Margin Rules; FINRA Rule 4210; Sections 23A and B of the Federal Reserve Act; securities, commodities, and investment laws (including clearing, margining, disclosure, licensing requirements and conflicts of interests); bankruptcy laws (including netting laws); and laws related to corporate compliance and governance mattersExtensive experience conducting research and providing counsel and guidance regarding complex legal issuesStrong attention to detail and accuracyAbility to work effectively in a complex environment with a high degree of collaboration

Pay Range
 

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$173,300.00 - $359,900.00

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 benefits401(k) PlanPaid time offDisability benefitsLife insurance, critical illness insurance, and accident insuranceParental leaveCritical caregiving leaveDiscounts and savingsCommuter benefitsTuition reimbursementScholarships for dependent childrenAdoption reimbursement

Posting End Date:

7 Feb 2025

*Job posting may come down early due to volume of applicants.

We Value Diversity

At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.

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.

Candidates applying to job openings posted in US: 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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

 

Wells Fargo maintains a drug free workplace.  Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.