Senior Counsel - Senior AVP: Bank Regulatory
About the position
Wells Fargo is seeking a Senior Counsel for the Bank Regulatory Section of the Public, Regulatory, and Corporate Affairs Division of the Wells Fargo Legal Department. This position is integral to the Bank Regulatory Section, which serves as a resource for the enterprise, providing legal advice on U.S. banking laws and regulations, including their impact on new and existing business operations. The Senior Counsel will report to the Associate General Counsel - Managing Director for the Bank Regulatory Section and will be responsible for advising various lines of business and lines of defense on a range of regulatory matters. This includes Federal Reserve Regulations K, O, W, and Y, as well as OCC regulations concerning investment securities and permissible activities for national banks. The role also involves supporting Wells Fargo's participation in banking industry trade associations and assisting in the development of comment letters and advocacy on proposed legislation and regulations. In this role, the Senior Counsel will research, analyze, and provide legal advice on prudential banking laws and regulations, including supervisory guidance related to national bank and bank holding company activities. The successful candidate will assist in preparing and filing notices and applications to U.S. bank regulators, analyze changes in legislation and regulations, and provide integrated legal advice on the implications of these changes for the company's operations. The position requires effective communication of legal requirements across various levels of the organization and representation of the company in financial services trade association forums. Additionally, the Senior Counsel will advise front-line units, compliance, and risk management partners, supporting them in developing related policies and procedures. The role demands collaboration with cross-functional teams within the company to implement prudential banking regulations and provide guidance on legal and regulatory matters impacting business strategy. The Senior Counsel will proactively identify policy, legal, and regulatory matters, evaluate legal risks, and independently resolve moderately complex issues. This position requires discretion and risk judgment, as the Senior Counsel may serve as the primary legal contact for assigned clients, leading initiatives of varying scope and complexity.
Responsibilities
Research, analyze and advise on prudential banking laws and regulations related to national bank and bank holding company activities.
,
Assist in the preparation and filing of notices/applications to U.S. bank regulators.
,
Analyze changes in legislation and regulations and provide integrated legal advice on implications for the company's operations.
,
Advise on bank regulatory policy and advocacy positions and support drafting of related materials, including legislation and Congressional correspondence.
,
Communicate legal requirements to various levels of the organization.
,
Represent the company in various financial services trade association forums.
,
Advise front-line units, control, compliance, and risk management partners in regulatory matters and support them in developing related policies and procedures.
,
Collaborate with cross-functional disciplines within the company to implement prudential banking regulations and requirements.
,
Provide guidance on legal and regulatory matters impacting business strategy and policy or claims against the company.
,
Proactively identify policy, legal, and regulatory matters and evaluate legal risk and impact.
,
Independently resolve moderately complex issues and develop deliverables.
,
Exercise discretion and risk judgment and may serve as the primary legal contact for assigned clients.
,
Collaborate within the Legal Department and across business and staff functions to address legal and risk issues.
Requirements
4+ years of Law experience, or equivalent demonstrated through work experience, training, military experience, or education.
,
Active State Bar membership.
,
2+ years of practicing attorney experience with a major law firm, bank regulatory agency (Federal Reserve, OCC or FDIC), or in-house law department.
,
2+ years of practicing attorney experience in U.S. prudential banking law and regulation.
,
Experience researching, analyzing and advising on Federal Reserve Regulations K, O, W and Y.
,
Experience with OCC regulations on investment securities and permissible activities for national banks.
Nice-to-haves
Strong analytical and problem-solving skills.
,
Ability to communicate complex issues clearly and persuasively, in both written and oral format.
,
Ability to develop and maintain effective relationships within and across corporate functions and business groups.
,
Effective organizational, multi-tasking and prioritization skills.
,
Ability to work independently during times of ambiguity and change.
,
Experience with a hybrid work environment.
Benefits
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
Apply Now
Wells Fargo is seeking a Senior Counsel for the Bank Regulatory Section of the Public, Regulatory, and Corporate Affairs Division of the Wells Fargo Legal Department. This position is integral to the Bank Regulatory Section, which serves as a resource for the enterprise, providing legal advice on U.S. banking laws and regulations, including their impact on new and existing business operations. The Senior Counsel will report to the Associate General Counsel - Managing Director for the Bank Regulatory Section and will be responsible for advising various lines of business and lines of defense on a range of regulatory matters. This includes Federal Reserve Regulations K, O, W, and Y, as well as OCC regulations concerning investment securities and permissible activities for national banks. The role also involves supporting Wells Fargo's participation in banking industry trade associations and assisting in the development of comment letters and advocacy on proposed legislation and regulations. In this role, the Senior Counsel will research, analyze, and provide legal advice on prudential banking laws and regulations, including supervisory guidance related to national bank and bank holding company activities. The successful candidate will assist in preparing and filing notices and applications to U.S. bank regulators, analyze changes in legislation and regulations, and provide integrated legal advice on the implications of these changes for the company's operations. The position requires effective communication of legal requirements across various levels of the organization and representation of the company in financial services trade association forums. Additionally, the Senior Counsel will advise front-line units, compliance, and risk management partners, supporting them in developing related policies and procedures. The role demands collaboration with cross-functional teams within the company to implement prudential banking regulations and provide guidance on legal and regulatory matters impacting business strategy. The Senior Counsel will proactively identify policy, legal, and regulatory matters, evaluate legal risks, and independently resolve moderately complex issues. This position requires discretion and risk judgment, as the Senior Counsel may serve as the primary legal contact for assigned clients, leading initiatives of varying scope and complexity.
Responsibilities
Research, analyze and advise on prudential banking laws and regulations related to national bank and bank holding company activities.
,
Assist in the preparation and filing of notices/applications to U.S. bank regulators.
,
Analyze changes in legislation and regulations and provide integrated legal advice on implications for the company's operations.
,
Advise on bank regulatory policy and advocacy positions and support drafting of related materials, including legislation and Congressional correspondence.
,
Communicate legal requirements to various levels of the organization.
,
Represent the company in various financial services trade association forums.
,
Advise front-line units, control, compliance, and risk management partners in regulatory matters and support them in developing related policies and procedures.
,
Collaborate with cross-functional disciplines within the company to implement prudential banking regulations and requirements.
,
Provide guidance on legal and regulatory matters impacting business strategy and policy or claims against the company.
,
Proactively identify policy, legal, and regulatory matters and evaluate legal risk and impact.
,
Independently resolve moderately complex issues and develop deliverables.
,
Exercise discretion and risk judgment and may serve as the primary legal contact for assigned clients.
,
Collaborate within the Legal Department and across business and staff functions to address legal and risk issues.
Requirements
4+ years of Law experience, or equivalent demonstrated through work experience, training, military experience, or education.
,
Active State Bar membership.
,
2+ years of practicing attorney experience with a major law firm, bank regulatory agency (Federal Reserve, OCC or FDIC), or in-house law department.
,
2+ years of practicing attorney experience in U.S. prudential banking law and regulation.
,
Experience researching, analyzing and advising on Federal Reserve Regulations K, O, W and Y.
,
Experience with OCC regulations on investment securities and permissible activities for national banks.
Nice-to-haves
Strong analytical and problem-solving skills.
,
Ability to communicate complex issues clearly and persuasively, in both written and oral format.
,
Ability to develop and maintain effective relationships within and across corporate functions and business groups.
,
Effective organizational, multi-tasking and prioritization skills.
,
Ability to work independently during times of ambiguity and change.
,
Experience with a hybrid work environment.
Benefits
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
Apply Now