Assistant General Counsel - Executive Director, Bank Regulatory

Wells Fargo BankWashington Dc, DC
Hybrid

About The Position

Wells Fargo is seeking an Assistant General Counsel - Executive Director, Bank Regulatory to be part of the team of attorneys and legal professionals that serve as trusted legal advisors on bank regulatory matters impacting a large, complex and highly regulated financial institution. This role provides strategic guidance on prudential regulation, partnering closely with legal, business, risk, compliance, public affairs, and government relations teams.

Requirements

  • 7+ 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

Nice To Haves

  • Expertise and significant experience with the prudential banking laws and regulations relevant to the Finance organization of a global banking organization, including the Bank Holding Company Act, National Bank Act, Federal Deposit Insurance Act and Dodd-Frank Act as well as the implementing regulations of OCC, Federal Reserve and FDIC
  • Deep understanding of the U.S. regulatory capital and liquidity regulations of the OCC and Federal Reserve, including the frameworks applicable to global systemically important banking organizations
  • Familiarity with the prudential banking laws and regulations relevant to the commercial lending, capital markets and related financial activities of global banking organizations
  • Understanding of the administrative procedure/rulemaking processes of the U.S. banking agencies

Responsibilities

  • Advise and influence peers, partners, and internal stakeholders (including leadership) by developing objectives, plans, resources, and long-term goals for highly complex business strategies and needs
  • Handle matters that have a significant impact on the Company's operations, strategies, or profitability
  • Provide legal advice on matters for management of the Company and its subsidiaries
  • Serve as a trusted legal advisor to businesses and corporate functions on bank regulatory matters
  • Lead the strategy and resolution of highly complex, enterprise-wide challenges, delivering long-term solutions that require creativity, advanced analytical thinking, and coordination across multiple areas while providing guidance to others
  • Represent the Company in highly complex regulatory and industry matters, including engagement with regulators and external stakeholders as appropriate
  • Provide counsel on prudential regulatory requirements and supervisory expectations, including assessing impact of regulatory developments on strategy, products, and operations
  • Support regulatory policy and rulemaking efforts, including drafting and advising on comment letters, interpretive positions, and internal governance documentation
  • Develop and lead implementation of strategic business initiatives, and lead work team to meet deliverables and drive new initiatives
  • Educate, train, and supervise less experienced attorneys within the Legal department
  • Collaborate with all levels of professionals across legal, business, risk, compliance, public affairs, and government relations to drive outcomes

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
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