Assistant General Counsel, Financial Crimes, Digital Assets – Executive Director
Wells Fargo
full-time
Posted on:
Location Type: Hybrid
Location: Charlotte • District of Columbia • Minnesota • United States
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Salary
💰 $215,000 - $355,000 per year
Job Level
About the role
- Serve as a senior legal advisor to Financial Crimes Risk Management and other stakeholders in analyzing financial crimes legal and regulatory issues and provide effective advice on complex legal matters involving digital asset products, platforms, and transactions
- Lead the strategy and resolution of highly complex and unique challenges in digital and traditional asset classes across multiple areas or the enterprise, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
- Counsel compliance, investigations, and coverage strategy teams on crypto‑related customer due diligence, transaction monitoring, blockchain analytics, funds transfer recordkeeping, and wallet attribution issues.
- Advise compliance, business, and government and regulatory relations partners on legislative and regulatory digital asset proposals and policies regarding anti-money laundering, sanctions, fraud, digital identity, and other financial crimes issues
- Engage proactively and independently with business clients and develop an in-depth understanding of the firm’s digital asset strategy to help manage financial crimes risks
- Partner with business leaders and management of different lines of business to develop and implement risk management programs for digital assets in markets, lending, trading and consumer applications
- Assess legal risk of financial crime issues, both digital and traditional, and develop strategies for reducing legal exposure.
- Support the design and enhancement of AML and sanctions controls for digital asset activities, including stable coins, custody, payments, tokenization, and on‑/off‑ramp services.
- Review and assess third‑party risks related to digital asset service providers, blockchain infrastructure vendors, and crypto market utilities.
- Collaborate within the department and across business and staff functions as a subject matter expert on financial crimes in digital assets to address legal and risk issues in a manner consistent with the best interests of Wells Fargo.
- Monitor legal and regulatory developments in digital assets and proactively advise on potential impacts to the bank’s financial crimes risk profile
- Oversee and take an active role in the education and training of a team of attorneys
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
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
legal analysisregulatory compliancefinancial crimes risk managementdigital asset productstransaction monitoringblockchain analyticsanti-money launderingsanctions controlsrisk management programslegal risk assessment
Soft Skills
strategic thinkingcreativityinnovationanalytical thinkinginductive thinkingcoordinationproactive engagementcollaborationeducation and trainingguidance
Certifications
Active State Bar membership