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Wells Fargo is seeking a Senior Counsel in the Legal Department as part of the Corporate Investment Banking, Tech, Innovation and Information Legal Division. The successful candidate will serve as a legal advisor in the Structured Products section of the Corporate & Investment Banking division of the Legal Department, providing support to the following lines of business: Structured Products Group, including Asset Backed Finance, portions of Commercial Real Estate, Wells Fargo Home Lending, Corporate Treasury and portions of the Investment Portfolio, and certain other lines of business in the context of any structured products transactions being executed by the related lines of business. The types of transactions within coverage primarily include securitizations of financial assets distributed by Wells Fargo Securities or originated/sponsored by Wells Fargo Bank, N.A. or its subsidiaries, structured repurchase facilities, warehousing facilities and other structured transactions.
Job Responsibility:
Provide substantive legal advice on a variety of laws and regulations relative to Wells Fargo's structured products capital markets and investment banking activities
Work directly with business clients and developing an in depth understanding of business unit activities and products
Identify and analyze complex legal issues, developing conclusions and making recommendations for issue resolution
Draft and negotiate complex legal documents
Review and negotiate transaction documents prepared by outside counsel, including securities offering materials and contractual arrangements for complex asset securitization and financing transactions
Engage and manage outside counsel
Assist with internal and external examinations and investigations as well as bankruptcy and litigation proceedings
Provide guidance to other support partners (i.e., compliance, credit, operational risk) and enterprise/wholesale groups related to matters associated with structured transactions
Follow and ensure consistent application of Legal Department policies and procedures to manage Wells Fargo's legal matters, outside counsel and legal expenses
Provide guidance to management on legal and regulatory matters impacting business strategy and policy or claims against the Company
Proactively identify policy, legal, and regulatory matters pertaining to area of expertise, and evaluate the legal risk and impact
Independently resolve moderately complex issues and lead team to meet deliverables
Exercise considerable discretion and may serve as the primary legal contact for assigned clients
Collaborate within the department and across business and staff functions to address legal and risk issues in a manner consistent with the best interests of Wells Fargo
Coach, mentor and provide oversight with less experienced attorneys or staff
Lead initiatives of varying scope and complexity
Requirements:
4+ years of Law experience
Active State Bar membership or the equivalent in a country outside the United States
Nice to have:
Extensive knowledge and understanding of structured products and the related regulatory environment
Substantial knowledge/experience with representing issuers or underwriters in securitizations and/or structured products
Experience as a practicing attorney
Experience analyzing legal and regulatory issues in area of practice and provide effective counsel to clients on complex legal matters
Strong attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
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