At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.
Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.
The Legal Department supports the vision and values of Wells Fargo by providing expert, creative, cost-effective, and timely advice and services to all Wells Fargo businesses and support functions. We operate in accordance with the highest standards of judgment, integrity, and ethical leadership to find creative solutions that best serve our customers, prudently manage risks, and contribute to Wells Fargo’s enterprise success.
This position reports to the Managing Counsel of the Commodities, Foreign Exchange & Special Entities Team of the Derivatives & Foreign Exchange Section of the Law Department.
Responsible for providing legal advice and counsel to the foreign exchange business of Wells Fargo Bank, NA, including sales & trading, credit, operations and compliance functions. Independently develops and renders opinions, consults with, and advises clients on commercial, legal and regulatory matters. Develops strong working relationships with senior management of the foreign exchange business, with an understanding of its needs and strategic direction, and assists in developing the overall legal coverage strategy and philosophy of support and decision-making for this business. Works closely with senior leaders to evaluate the legal and commercial impact of major decisions where applicable law, regulations, or facts are unclear, controversial or conflicting. Provides regulatory, structuring, documentation and transactional support related to foreign exchange and currency products offered to U.S. and non-U.S. persons and entities, whether such products are exempt or non-exempt under Title VII of Dodd-Frank. Represents Wells Fargo on transactions and advocacy efforts inside and outside the organization. Reads, writes, analyzes and interprets complex documents. Works independently on matters of significance to the FX business and the swap dealer business of Wells Fargo Bank, N.A. Provides support when needed on matters outside areas of primary coverage, including other asset classes. Also supports Wells Fargo as an end user of foreign exchange, currency and other derivative products. Manages outside counsel support and legal expense. Follows Legal Department policies and procedures in carrying out support and matter management responsibilities.Required Qualifications
- 5+ years of legal experience with a major law firm, securities regulatory agency or in-house law department; including 3+ years of representing firms in capital markets and investment banking activities
- Active State Bar membership
- Excellent verbal, written, and interpersonal communication skills
- Strong organizational, multi-tasking, and prioritizing skills
- Strong analytical skills with high attention to detail and accuracy
- Experience building partnerships and consulting effectively with leadership
- Outstanding problem solving and decision making skills
- Ability to execute in a fast paced, high demand, environment while balancing multiple priorities
- 2+ years of significant experience in representing clients with respect to foreign exchange and derivatives transactions
- Significant knowledge and experience with U.S. and foreign laws, rules and regulations relevant to foreign exchange and derivatives transactions, including banking laws (the Dodd-Frank Act, the Bank Holding Company Act, the Gramm Leach Bliley Financial Modernization Act, and 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); relevant tax laws; ERISA; laws relating to secured transactions and creditors’ rights; and laws related to corporate compliance and governance matters
- All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.