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Wells Fargo

Assistant General Counsel, VP - Institutional Derivatives and Trading

Reposted 15 Hours Ago
Be an Early Applicant
Hybrid
New York, NY, USA
159K-305K Annually
Senior level
Hybrid
New York, NY, USA
159K-305K Annually
Senior level
Provides legal counsel for institutional repo, secured financing, derivatives, securities lending, TBA, and covered agency transactions. Advises trading, credit, operations, risk, and sales teams on documentation, collateral, enforceability, netting, and regulatory matters. Drafts and reviews complex agreements, resolves legal issues, supports regulatory compliance, and leads deliverables across Wells Fargo entities and jurisdictions.
The summary above was generated by AI
About this role:
Wells Fargo is seeking a Assistant General Counsel, VP to join the Corporate & Investment Banking (CIB) Markets Legal team, with a primary focus on repo and secured financing transactions supporting institutional fixed income businesses. This role will concentrate on legal issues related to repo products and documentation, sponsored and agented repo structures and structured repo transactions, with secondary responsibility for legal issues related to derivatives products and documentation (ISDA/CSA) and TBA/Covered Agency products and documentation (MSFTA) and limited exposure to QFC stay and recordkeeping matters. For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career.
The position supports Wells Fargo Bank, N.A. and its affiliates, including Wells Fargo Securities, LLC, and works closely with trading desks, credit, operations, and risk partners.
In this role, you will:
  • Provide legal support for repo and secured financing transactions, including bilateral and tri-party repo, securities lending/agented (ALD) repo, sponsored repo and structured repo arrangements.
  • Advise trading, credit, and operations teams on repo documentation (MRA, GMRA, Long Form Confirmations and Term Sheets), structure, and related legal considerations.
  • Provide legal advice and counsel for derivatives documentation, including institutional ISDA and CSA questions and issues, and corporate ISDA and CSA questions and issues relevant to the secured financing business.
  • Provide legal advice for TBA and Covered Agency documentation, including MSFTA questions and issues.
  • Partner with credit, risk, and operations teams to address collateral, documentation, legal and enforceability issues across jurisdictions.
  • Support Wells Fargo's sales and trading desks on complex matters such as the U.S. Treasury Clearing Rule, and other domestic and international regulations.
  • Draft, review, and analyze complex legal documents related to derivatives and structured repo and related secured financing products.
  • Support limited netting analysis related to repo, derivatives and TBA activity, including related documentation reviews and coordination of pre-checks and bring-down opinions.
  • 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.
  • Collaborate with peers, colleagues, and mid-level managers to resolve issues and achieve objectives.
Required Qualifications:
  • 5+ 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 advising on derivatives documentation, including ISDA and CSA frameworks.
  • 3+ years of significant experience with repo, securities lending, or other secured financing transactions.
  • Exposure to institutional counterparties such as banks, hedge funds, asset managers, insurance companies, or similar financial institutions and related regulation (such as ERISA and the Investment Company Act of 1940).
  • Working knowledge of U.S. regulatory frameworks applicable to derivatives (e.g., Dodd-Frank-related concepts and margin regulations).
  • Working knowledge of U.S. regulatory frameworks applicable to repo transactions (e.g., FINRA Rule 4210 and TMPG Best Practices).
  • Knowledge of FINRA Rule 4210 as it applies to TBAs and Covered Agencies and knowledge of the U.S. Treasury Rule a plus.
  • Strong analytical skills with high attention to detail and accuracy.
Job Expectations:
  • Position requires an onsite presence in any of the posted locations.
  • This position offers a hybrid work schedule.
  • Ability to travel up to 10% of the time.
  • Relocation assistance is not available for this position.
  • This position is not eligible for Visa sponsorship.
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.
Salary is just one component of Wells Fargo's total rewards package. Depending on the role, a Wells Fargo's employee may be eligible for additional forms of compensation, such as sales incentives, discretionary bonuses, and/or equity in the company in the form of Restricted Stock Units (RSUs).
$159,000.00 - $305,000.00
Benefits
Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs 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:
20 Aug 2026
* 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 .
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our 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.
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Wells Fargo New York, New York, USA Office

150 E 42nd Street, New York, NY, United States, 10017

Wells Fargo New York, New York, USA Office

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