Associate General Counsel and Managing Director, CIB Markets
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41 on Fortune's 2022 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.
Wells Fargo Legal Department
Our vision is to advance the company's strategy, support its transformation, and effectively manage risk through a team known for collaboration, sound judgment, and proactive advice.
We support our vision with four strategic pillars: Integrated Business Advice, Risk Management, Talent & Leadership Development, and Operational Excellence. #LegalDeptJobs
Job Description
This Associate General Counsel and Managing Director will lead a section of legal professionals supporting the global Markets businesses within Wells Fargo's Corporate & Investment Bank (CIB).
Specifically, This Leader Will
- Provide legal support to Wells Fargo's global Markets businesses, including the Equities, Foreign Exchange, Municipal Products, Credit Sales & Trading, and Rates, Commodities & CVA business lines, with shared responsibility for the Structured Products Group
- Coordinate legal support for the International Markets business with the Associate General Counsel leading the International legal team
- Continually refine the service catalog of and the operating model for the global coverage of the Markets businesses, with a focus on effectiveness and efficiency
- Participate on the Corporate & Investment Bank, Technology, Innovation and Information Legal Division leadership team, coordinating with other leaders to provide legal support for CIB, Technology and SDI and the Enterprise as a whole
- Influence strategic direction and provide expert, innovative, timely and reliable legal advice
- Work with other leaders and subject matter experts in the Legal Department to provide comprehensive solutions to complex problems and needs
- Follow and ensure consistent application of Enterprise and Legal Department policies and procedures, including the management of outside counsel
- Coach and mentor others, including providing guidance and direction in alignment with CIBTII and Legal Department strategic goals
The Candidate
The successful candidate for this role will demonstrate the leadership skill necessary to design, build and lead a high-performing team of legal professionals to drive business results through leadership effectiveness and employee engagement; to contribute to broad Enterprise strategy with a One Wells Fargo lens; and to further our strong risk management culture by living the Expectations of Wells Fargo. This leader must be capable of initiating action and managing change while also collaborating with and influencing others. The position requires a strong leader capable of designing and managing complex processes and projects and building relationships across the Legal Department and the Enterprise. A key differentiator will be the ability to understand and operate successfully in a complex, heavily matrixed corporate environment. The role requires a sense of urgency, a passion for generating results, and personal accountability for achievement and outcomes.
Required Qualifications
- 8+ years of Law experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
- 4+ years of management experience
- Active State Bar membership or the equivalent in a country outside the United States
Desired Qualifications:
- Experience dealing with:
- Derivatives and structured products
- Fixed income and equities sales and trading
- Commodities and foreign exchange
- Prime brokerage and securities finance
- Municipal underwriting
- Previous experience covering sales and trading activities, derivatives and structured products in a major law firm or in-house legal department
- Experience leading and managing teams, with emphasis on geographically dispersed teams
- Experience working in large, matrixed organizations providing general legal advice and support in connection with risk and regulatory issues
- Understanding of complex business activities and operations and strong process and project management skills
- Ability to adapt quickly to a changing environment while building relationships and negotiating for positive business outcomes while effectively managing legal risk.
- Ability to work under pressure and meet tight deadlines
- Proven ability to create and sustain effective, influential, and trusted relationships with business and staff group leaders
- Excellent written and oral communication skills
Pay Range
$249,500.00 - $518,300.00
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
Posting End Date:
2 Jun 2024
- 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.
Reference Number
R-361743-2
