Counsel

Posted 10 Hours Ago
Be an Early Applicant
2 Locations
Hybrid
97K-172K Annually
Mid level
Fintech • Financial Services
The Role
As Counsel at Wells Fargo, you will draft and negotiate various agreements, provide risk-based legal advice, support third-party contract remediation, and collaborate with internal stakeholders on compliance and regulatory matters. You will also guide junior counsel and identify process improvement opportunities while remaining compliant with legal requirements.
Summary Generated by Built In

ABOUT WELLS FARGO

Wells Fargo is seeking a Counsel to join the Third-Party Operations and Innovations Contracts team. Our vision is to advance the company’s strategy, support its transformation, and effectively manage risk through a team known for collaboration, sound judgment, and proactive advice.  We support our vision with four strategic pillars: Integrated Business Advice, Risk Management, Talent & Leadership Development, and Operational Excellence.  #LegalDeptJobs.

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

In this role, you will:

  • Draft and negotiate a wide variety of agreements, in collaboration with partners, clients and colleagues

  • Provide business-focused, risk-based advice to clients and work in a collaborative, team-based environment 

  • Support various third-party matters, including third-party contract remediation efforts, artificial intelligence issues, professional services arrangements, technology contracting, software licenses, market data, free and open-source software, regulatory support, hosted technology, and novel technology issues, among others

  • Review and analyze matters that require research, evaluation and selection of alternatives, and exercise independent judgment to guide medium risk deliveries

  • Participate in initiatives of varying scope and complexity and identify opportunities for process improvements

  • Support the work of more junior counsel along with professional staff on complex matters

  • Present recommendations for challenging situations and exercise independent judgment while developing expertise in policies, procedures, and compliance requirements

  • Provide leadership and direction on internal initiatives

  • Advise on the impact of policy, legal, and regulatory changes

  • Provide support and guidance to colleagues or paralegals

  • Collaborate with functional colleagues, internal partners, and stakeholders

  • Partner with business leaders and management of other corporate departments to develop and implement risk management programs

Required Qualifications:

  • 2+ 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

Desired Qualifications:

  • Experience with the following types of contracts and transactions:

    • Third-party contracts for financial institutions

    • Contract remediation efforts

  • Third party risk management and governance

  • Bank regulatory experience

  • Ability to research law and regulations and develop advice with respect to complex legal issues using public as well as company websites and databases.

  • Strong attention to detail and accuracy.

  • Excellent verbal, written, and interpersonal communication skills.

  • Ability to work effectively in a fast-paced complex environment with a high degree of collaboration.

Job Expectations:

  • Position will require onsite presence from the required location in a hybrid format.

  • This position is not eligible for Visa sponsorship

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.

$96,600.00 - $171,800.00

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:

10 Mar 2025

*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.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.

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The Company
HQ: San Francisco, CA
233,000 Employees
Hybrid Workplace
Year Founded: 1852

What We Do

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with approximately $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through more than 7,300 locations, 12,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in over 40 countries and territories to support customers who conduct business in the global economy. With approximately 250,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

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. © 2016 Wells Fargo Bank, N.A. All rights reserved. Member FDIC.

Why Work With Us

We're known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S.

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