Wells Fargo is seeking a Senior Counsel in Legal as part of the Bank and Fraud Operations Section in the Consumer, Small & Business Banking (CSBB) Division of the Legal Department.
For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career. In this role, you will:
Lead or participate in moderately complex initiatives and deliverables and contribute to large-scale planning
Provide legal advice and represent 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
Manage highly complex claims and litigation
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
Required Qualifications:
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
Desired Qualifications:
Experience as a practicing attorney in private practice and/or a financial services in-house legal department.
Expertise in following practice areas: trusts & estates; garnishments, writs & levies; unclaimed property/escheat; business formation, ownership disputes, & receiverships; and deposit account, check & payments issues (adjustments, adverse claims, returns, settlements).
Expertise in the following legal framework and network rules: UCC Articles 3, 4, 4A, & 9; Reg. E, Reg. J, Reg. CC, Reg. DD, Federal Reserve Operating Circulars, ECCHO Operating Rules, and Nacha Operating Rules.
Expertise in consumer financial regulatory exams or enforcement matters, litigation background in consumer or business banking deposit matters, or commercial or consumer workout/collections background.
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates. $120,400.00 - $262,600.00 Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.
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
Posting End Date: 25 Oct 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.
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b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.