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Lead Counsel - Banking and Credit Solutions Team

Wells Fargo
Posted Feb 01
Full Time
On Site
Charlotte, North Carolina

About this role:

Wells Fargo is seeking an experienced attorney to provide legal support to our Banking business in the Banking, Lending, and Trust Center of Excellence within Wealth and Investment Management; specifically with respect to utilization and monitoring of various consumer deposit and credit products. This role will collaborate frequently with attorneys in other legal departments to develop certain products. This role will provide guidance to senior management and governance committees on legal and regulatory matters with significant impact on business initiatives, strategy, including providing substantive legal advice on regulatory requirements, the development of policies, procedures, and training with regard to those laws and regulations, and associated topics. The role also provides advice and counsel to business groups and enterprise functions, including Risk, Compliance, and Control, on laws and regulations and related risk containment and mitigation efforts.

The role provides expert legal and technical advice regarding consumer banking laws and regulations as applied for a wealth segment. These regulations include, for example, Regulations D, E, Z, CC, DD, Fair Banking, Federal Reserve and FDIC Regulations, Privacy Act rules, UDAAP and RSNIP


In this role, you will:

  • Lead complex initiatives with broad impact and act as a key participant in large scale planning
  • Handle matters that have a significant impact on the Company's operations, strategies, or profitability
  • Provide legal advice on matters for management of the Corporation and its subsidiaries
  • Serve as a legal advisor to the businesses within Wells Fargo
  • Review and analyze complex large scale or long term challenges that require in-depth evaluation of multiple factors including intangibles or unprecedented factors
  • Represent of the Company in highly complex litigation, negotiations, settlement discussions, and claims related legal issues
  • Manage highly complex claims and litigation
  • Draft complex legal documents, review and negotiate documents prepared by outside counsel
  • Identify and analyze complex legal issues, develop conclusions and make recommendations for issue resolution
  • Provide substantive legal advice on matters for more experienced management of the Corporation
  • Develop and lead implementation of strategic business initiatives, and lead work team to meet deliverables and drive new initiatives
  • Educate, train, and supervise less experienced attorneys within the Legal department
  • Collaborate strategically with peers, colleagues and mid-level to more experienced managers to resolve issues and achieve goals
  • Lead projects, teams or serve as a peer mentor
  • Develop relationships with and provide guidance to more experienced leadership, including executive officers, on issues that may present legal, regulatory, compliance, or reputational risk to the Company
  • Partner with business leaders and management of other corporate departments to develop and implement risk management programs


Required Qualifications, US:

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


Desired Qualifications:

  • Experience in providing the type of advice, counsel and client advocacy described above to regulated financial institutions and their most senior business, risk and compliance executives
  • General familiarity with Fair lending and Consumer Credit laws and regulations
  • Legal and technical advice regarding consumer banking laws and regulations as applied for a wealth segment.
  • Experience with Regulations D, E, Z, CC, DD, Fair Banking, Federal Reserve and FDIC Regulations, Privacy Act rules, UDAAP and RSNIP
  • Prior in-house regulatory experience at a large financial firm or experience at a bank regulatory agency is preferred
  • Strong analytical and problem solving skills
  • Strong collaborative working style


Job Expectations:

  • Position will require onsite presence from any of the required locations listed below
  • This position is not eligible for Visa sponsorship
  • Relocation assistance is not available for this position.

Pay Range

$144,400.00 - $300,000.00

 

Benefits

Wells Fargo provides all eligible full- and part-time employees with a comprehensive set of benefits designed to protect their physical and financial health and to help them make the most of their financial future. Visit Benefits - Wells Fargo Careers for an overview of the following benefit plans and programs offered to employees.

  • 401(k) Plan
  • Paid Time Off
  • Parental Leave
  • Critical Caregiving Leave
  • Discounts and Savings
  • Health Benefits
  • Commuter Benefits
  • Tuition Reimbursement
  • Scholarships for dependent children
  • Adoption Reimbursement

 

*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.

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