Sr Counsel, Sr AVP-Commodities and Derivatives

About this role:

Wells Fargo is seeking a Senior Counsel in the Markets Section of the Legal Department to support the commodities and derivatives trading businesses.

For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career.

This position is responsible for providing legal services, advice and counsel to the commodities and derivatives trading businesses of Wells Fargo Bank and its affiliates.

In this role, you will:

• Lead or participate in provision of regulatory, structuring, documentation and transactional support related to commodities and derivatives transactions
• Provide legal advice and counsel to the commodities and derivatives businesses, including sales, trading, credit, compliance, and operations functions
• Review and analyze moderately complex challenges for the commodities and derivatives businesses that require an in-depth evaluation of variable factors
• Manage highly complex matters of legal significance to the commodities and derivatives businesses business and develop and render opinions, consult with, and advise clients on legal and regulatory matters
• Provide guidance to the commodities and derivatives businesses 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 legal issues and lead team to meet deliverables
• Identify and analyze complex legal issues, develop conclusions, and make recommendations for issue resolution
• Develop the overall legal coverage strategy and philosophy of support for the commodities and derivatives businesses
• 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 commodities and derivatives business 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:

• 3+ years of significant experience in representing clients with respect to commodities and derivatives transactions, including experience with physically settled crude oil and refined products, natural gas, metals and commodity linked financing structures.
• Significant knowledge and experience with U.S. laws, rules and regulations relevant to commodities and derivatives transactions, including product and banking laws (the Dodd-Frank Act, the Bank Holding Company Act, the Gramm Leach Bliley Financial Modernization Act, and Sections 23A and B of the Federal Reserve Act, Natural Gas Act, NGPA, etc.); bankruptcy laws (including netting laws); laws relating to secured transactions and creditors’ rights.
• Strong analytical skills with high attention to detail and accuracy
• Experience building partnerships and consulting effectively with leadership
• Ability to execute in a fast paced, high demand environment while balancing multiple priorities

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.

$139,000.00 - $260,000.00

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