Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 41on Fortune’s 2022 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.
The Wells Fargo Legal Department is seeking an experienced attorney to join its Commercial Banking division to support Global Receivables and Trade Finance product, sales and operations teams. For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career.
Global Receivables and Trade Finance offers global financial products and services, including commercial and standby letters of credit, to customers of Wells Fargo’s Commercial Banking and Corporate and Investment Banking, divisions.
Experience with letters of credit and other trade products is preferred, but the Legal Department is willing to train an attorney for this role. Experience in commercial lending (syndicated and bilateral), cross border commercial transactions (lending, export and import), or treasury operations will provide a solid foundation for success in this role.
Duties and Responsibilities
This attorney will (a) advise international trade services operations on letter of credit related issues, (b) negotiate letter of credit reimbursement agreements and related collateral documentation, (c) coordinate legal research relating to cross border international business, (d) review resolutions and certificates of incumbency, (e) collaborate with legal and operational teams in various jurisdictions to manage risks, and (f) provide legal guidance with respect to international standard banking rules such as the ISP98, UCP600, UCC Article 5 and other applicable laws and regulations relating to trade finance products.
In this role you will:
Provide guidance to management on legal and regulatory matters impacting business strategy and policy or claims against the Company.
Proactively identify policy, legal, and regulatory matters pertaining to area of expertise, and evaluate the legal risk and impact.
Independently resolve moderately complex issues and lead team to meet deliverables
Exercise considerable discretion and may serve as the primary legal contact for assigned clients.
Collaborate within the department and across business and staff functions to address legal and risk issues in a manner consistent with the best interests of Wells Fargo.
Coach, mentor, and provide oversight for less experienced attorneys or staff
Lead initiatives of varying scope and complexity.
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
Experience as a practicing attorney
Trade finance/factoring/supply chain finance or asset-based lending experience
Commercial lending experience (syndicated and bilateral)
Experience working with international banking operations and/or international payments
Relevant experience in global commercial transactions including cross border credit agreements and trade finance
Experience analyzing legal and regulatory issues in area of practice and provide effective counsel to clients on complex legal matters.
Ability to work effectively in a complex environment with a high degree of collaboration.
Strong judgment, communication and leadership skills in guiding and influencing management, including senior management
How to Apply
Please apply here.