Senior Legal Counsel – Markets

About this role:

Wells Fargo is seeking a Senior Counsel in the Markets Section of the Legal Department to support global markets trading businesses.

We are seeking a highly skilled and motivated attorney to join the Legal Department of Wells Fargo Bank supporting our rapidly growing Commodities Rates and Foreign Exchange (FX) trading businesses. This role offers a unique opportunity to work at the forefront of global financial markets advising on a wide range of legal and regulatory matters that are critical to the success and integrity of our trading operations.

The position will provide legal advice transactional support and regulatory guidance to front-office sales and trading teams risk management compliance operations and other internal stakeholders. The role has global reach supporting trading activities across North America EMEA and APAC.

In this role you will:

• Provide legal counsel on the structuring documentation and execution of transactions involving derivatives repurchase agreements and other traded instruments across commodities interest rates and FX.
• Advise on regulatory compliance with global financial regulations
• Partner with compliance and risk teams to assess and implement financial reform initiatives and regulatory developments.
• Collaborate with external counsel and industry groups to stay ahead of legal and regulatory trends impacting the markets business.
• Contribute to internal training policy development and legal risk management initiatives.
• Provide legal advice and counsel to the businesses including sales trading credit compliance and operations functions
• Review and analyse complex challenges for the businesses that require an in-depth evaluation of variable factors
• Manage highly complex matters of legal significance to the commodities rates and FX businesses business and develop and render opinions consult with and advise clients on legal and regulatory matters
• Draft complex legal documents review and negotiate documents prepared by outside counsel
• Independently resolve moderately complex legal issues and lead team to meet deliverables
• Identify and analyse complex legal issues develop conclusions and make recommendations for issue resolution
• Develop the overall legal coverage strategy and philosophy of support for the commodities and derivatives businesses
• Educate train and supervise less experienced attorneys within the Legal department
• Collaborate with peers colleagues and mid-level managers to resolve issues and achieve goals
• Lead projects teams or serve as a mentor for less experienced staff
• Work directly with business clients and develop an in-depth understanding of commodities and derivatives business activities and products
• Partner with business leaders and management of other corporate departments to develop and implement risk management programs

Required Qualifications:

• Experience in Law or equivalent demonstrated through one or a combination of the following: work experience training military experience education

Desired Qualifications:

• Significant experience in representing clients with respect to commodities and derivatives transactions including experience with physically settled crude oil and refined products natural gas metals and commodity linked financing structures.
• Significant knowledge and experience with U.S.and/or equivalent U.K. and E.U. laws rules and regulations relevant to commodities and derivatives transactions including product and banking laws (the Dodd-Frank Act the Bank Holding Company Act the Gramm Leach Bliley Financial Modernisation Act and Sections 23A and B of the Federal Reserve Act Natural Gas Act NGPA etc.); bankruptcy laws (including netting laws); laws relating to secured transactions and creditors rights.
• Strong analytical skills with high attention to detail and accuracy
• Experience building partnerships and consulting effectively with leadership
• Ability to execute in a fast paced high demand environment while balancing multiple priorities

Posting End Date:

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

We Value Equal Opportunity

Wells 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 units risk appetite and all risk and compliance program requirements.

Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates including women persons with disabilities aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Applicants with Disabilities

To request a medical accommodation during the application or interview process visitDisability 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.