Capital Markets Counsel 4 - Derivatives Attorney

Wells Fargo - New York, NY

Contract
Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume prior to submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we want to satisfy our customers’ financial needs and help them succeed financially. We’re looking for talented people who will put our customers at the center of everything we do. Join our diverse and inclusive team where you’ll feel valued and inspired to contribute your unique skills and experience.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

The Law Department supports the vision, values & goals of Wells Fargo by providing expert, creative, cost-effective, and timely advice and services to all Wells Fargo businesses and support functions. We operate in accordance with the highest standards of judgment, integrity, and ethical leadership to find creative solutions that best serve our customers, prudently manage risks, and contribute to Wells Fargo’s enterprise success.

This position reports to the Managing Counsel of the Fixed Income, Global Clearing and Swap Dealer Regulation Team of the Derivatives & Foreign Exchange Section of the Legal Department. The successful candidate will be responsible for providing legal advice and counsel to the Company’s fixed income derivatives businesses in the Wells Fargo Corporate & Investment Bank (including interest rate and credit derivatives).

Specific responsibilities include:
  • Participation in industry and regulatory initiatives;
  • Serving as a resource for coverage of industry calls, including advocacy efforts, and for tracking of legal and regulatory developments;
  • Advising negotiators involved in the documentation of master trading agreements covering OTC derivatives;
  • Advising on the process of closing out derivatives with distressed counterparties and restructuring of derivative positions and supporting workout related matters;
  • Analyzing and interpreting complex documents and outside counsel work product and summarizing results;
  • Managing outside counsel support and legal expense;
  • Following Legal Department policies and procedures in carrying out support and matter management responsibilities.
Required Qualifications

8+ years of legal experience with a major law firm, securities regulatory agency or in-house law department; including 5+ years of representing firms in capital markets and investment banking activities; or 6+ years of experience with a major law firm and 2+ years of experience in one or a combination of the following areas: risk, compliance, contracts, government/regulatory, financial services, or technology, including 5+ years of representing firms in capital markets and investment banking activities
Active State Bar membership

Desired Qualifications

Excellent verbal, written, and interpersonal communication skills
Strong organizational, multi-tasking, and prioritizing skills
Strong analytical skills with high attention to detail and accuracy
Experience building partnerships and consulting effectively with leadership
Outstanding problem solving and decision making skills
Ability to execute in a fast paced, high demand, environment while balancing multiple priorities

Other Desired Qualifications
Knowledge and experience with U.S. and foreign laws, rules and regulations relevant to derivatives and other financial markets transactions, including banking laws, the Commodity Exchange Act, CFTC regulations, European derivatives regulations and the Dodd-Frank Act

Disclaimer

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.

Relevant military experience is considered for veterans and transitioning service men and women.

Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

LEGAL DEPT