About this role:
Wells Fargo is seeking a Senior Counsel in the Markets Section of the Legal Department to support the loan and distressed trading desks and the credit portfolio trading businesses.
This position is responsible for providing legal services advice and counsel to the loan and distressed trading and portfolio hedging businesses of Wells Fargo Bank and its affiliates, including Wells Fargo Securities, LLC.
In this role, you will:
Provide legal advice and counsel to the loan sales and distressed trading business, including sales, trading, credit, compliance, and operations functions
Review and analyze moderately complex challenges for the loan and distressed trading business that require an in-depth evaluation of variable factors
Manage moderately complex matters of legal significance to the loan and distressed trading business and develop and render opinions, consult with, and advise clients on legal and regulatory matters
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
Participate in the strategic direction and philosophy of support for the loan trading business
Coach, mentor and provide oversight with less experienced attorneys or staff
Collaborate with peers, colleagues, and mid-level managers to resolve issues and achieve goals
Work directly with loan trading business clients and develop an in depth understanding of par loan and distressed trading business activities and products
Partner with business leaders and management of other corporate departments to develop and implement risk management programs
Provide counsel and advice regarding related cleared derivates and bilateral hedging transactions subject to ISDA Master Agreements and ISDA Credit Derivatives Definitions
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 secondary loan trading (both par and distressed), secondary trading of distressed securities (including reorganized equity and bonds), corporate restructurings and related processes (both in a bankruptcy process and out of court) and related documents (plan support agreements, transaction support agreements, ad hoc creditor group arrangements), debt exchanges, and debtor-in-possession and exit financings
Significant knowledge and experience with U.S. laws, rules and regulations relevant to loan 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, etc.); bankruptcy laws, laws relating to secured transactions and creditors' rights.
Experience, knowledge and familiarity with LSTA and ISDA documentation including relevant ISDA Definitions (e.g., Credit Derivatives)
Legal fixed income transactional and related regulatory experience in a corporate legal department
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 (https://www.wellsfargojobs.com/en/life-at-wells-fargo/benefits) 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:
15 Aug 2025
*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. 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.
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.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo (https://www.wellsfargojobs.com/en/diversity/disability-inclusion/) .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy (https://www.wellsfargojobs.com/en/wells-fargo-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.
Req Number: R-476023
