Regulatory Legal Counsel
Taptap Send
Senior Counsel / Senior AVP – Commodities and Derivatives
Wells Fargo
full-time
Posted on:
Location Type: Office
Location: New York City • New York, North Carolina • 🇺🇸 United States
Visit company websiteSalary
💰 $139,000 - $260,000 per year
Job Level
Senior
About the role
- Lead or participate in provision of regulatory, structuring, documentation and transactional support related to commodities and derivatives transactions
- Provide legal advice and counsel to the commodities and derivatives businesses, including sales, trading, credit, compliance, and operations functions
- Review and analyze moderately complex challenges for the commodities and derivatives businesses that require an in-depth evaluation of variable factors
- Manage highly complex matters of legal significance to the commodities and derivatives business and develop and render opinions, consult with, and advise clients on legal and regulatory matters
- Provide guidance to the commodities and derivatives businesses on legal matters to assist with legal risk assessment, planning and policy decisions, claims against the Company, probability of loss, and develop cost-effective risk mitigation strategies
- 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
- Develop the overall legal coverage strategy and philosophy of support for the commodities and derivatives businesses
- Educate, train, and supervise less experienced attorneys within the Legal department
- Collaborate with peers, colleagues, and mid-level managers to resolve issues and achieve goals
- Lead projects, teams, or serve as a mentor for less experienced staff
- Work directly with business clients and develop an in-depth understanding of commodities and derivatives business activities and products
- Partner with business leaders and management of other corporate departments to develop and implement risk management programs
Requirements
- 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
- 3+ years of significant experience in representing clients with respect to commodities and derivatives transactions (desired)
- Experience with physically settled crude oil and refined products, natural gas, metals and commodity linked financing structures (desired)
- Significant knowledge and experience with U.S. laws, rules and regulations relevant to commodities and derivatives transactions (Dodd-Frank Act, Bank Holding Company Act, Gramm Leach Bliley Financial Modernization Act, Sections 23A and 23B of the Federal Reserve Act, Natural Gas Act, NGPA, etc.)
- Knowledge of bankruptcy laws including netting laws
- Knowledge of laws relating to secured transactions and creditors’ rights
- 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
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
legal adviceregulatory compliancetransactional supportlegal document draftinglegal risk assessmentissue resolutioncontract negotiationcommodities transactionsderivatives transactionsbankruptcy laws
Soft skills
analytical skillsattention to detailcollaborationmentoringleadershipcommunicationproblem-solvingproject managementconsultingtime management
Certifications
Active State Bar membership
