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Senior Counsel, Senior AVP-Asset Based Lending

https://www.wellsfargo.com/ Logo

Wells Fargo

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Location:
United States , MINNEAPOLIS ▼

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Category:
Legal

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Contract Type:
Not provided

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Salary:

139000.00 - 260000.00 USD / Year
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Job Description:

Wells Fargo’s Legal Department is seeking an experienced attorney to support the Commercial Banking division’s Asset‑Based Lending business. The attorney will support ABL transactions and provide strategic legal guidance on complex secured‑lending matters to help manage risk.

Job Responsibility:

  • Lead or participate in moderately complex initiatives and deliverables and contribute to large-scale planning
  • Provide legal advice and representation of the Company in highly complex litigation, negotiations, settlement discussions, and claims related legal issues
  • Review and analyze moderately complex challenges that require an in-depth evaluation of variable factors
  • Provide guidance to internal clients on legal matters to assist with legal risk assessment, planning and policy decisions, claims against the Company, probability of loss, and develop cost-effective risk mitigation strategies
  • Draft complex legal documents, review and negotiate documents prepared by outside counsel
  • Independently resolve moderately complex issues and lead team to meet deliverables
  • Identify and analyze complex legal issues, develop conclusions, and make recommendations for issue resolution
  • Develop the strategic direction for certain claims functions and management of related policies, procedures, and controls to mitigate risk
  • 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 business unit activities and products
  • Partner with business leaders and management of other corporate departments to develop and implement risk management programs

Requirements:

  • 4+ 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

Nice to have:

  • Experience as a practicing attorney in private practice or an in‑house legal team providing strategic legal support to Asset‑Based Lending businesses
  • Proven ability to draft, review, and negotiate complex asset‑based lending loan agreements, including both syndicated and bilateral facilities
  • Strong knowledge of secured financing structures, UCC Article 9 concepts, and a variety of collateral types common to ABL transactions
  • Experience with key ABL‑related products and components such as letters of credit, cash‑management arrangements, and multicurrency structures.
  • Understanding of intercreditor relationships and priority issues, particularly in multi‑lender or multi‑tranche financing environments
  • Familiarity with bankruptcy and restructuring concepts relevant to secured lending, including borrower distress scenarios and collateral recovery considerations.
  • Experience working with outside counsel, bankruptcy counsel and other subject matter experts on issues that arise
  • Ability to work effectively in a complex environment with a high degree of collaboration
What we offer:
  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Additional Information:

Job Posted:
February 14, 2026

Expiration:
February 20, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
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