APAC Managing Counsel - Lending

4 days left

Recruiter
Wells Fargo Bank
Location
Hong Kong
Salary
Competitive
Posted
07 Aug 2017
Closes
21 Aug 2017
Sector
Legal
Contract Type
Permanent
Hours
Full-time

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $2.0 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,500 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 273,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2017 rankings of America's largest corporations. Wells Fargo's vision is to satisfy our customers' financial needs and help them succeed financially. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Responsibilities:

  • Providing local law advice and counsel on cross-border transactional and regulatory issues
  • Identify and mitigate transaction risks and provide creative, problem-solving legal input to new product and new initiative development
  • Work independently with business units to help develop and execute their business strategies and objectives
  • Analyze and interpret legal issues and complex documents
  • Advise on licensing and conduct regulations in various jurisdictions
  • Provide legal advice on compliance policies
  • Communicate regularly and co-ordinate with Head Office Law Department, in particular adhering to policies and procedures in retaining and managing external counsel relationships and all related legal expenses
  • Keep other Law Department and line of business colleagues updated on law developments and their impact on Wells Fargo's businesses in the Asia-Pacific region

Requirements:

  • Duly qualified lawyer admitted to practice law in Hong Kong, England, the United States or other common-law jurisdictions
  • Possessing circa 5 years of experience practicing law with a major law firm or financial services organization
  • Substantial experience in Asia representing international financial institutions on cross-border transactions and regulatory issues
  • Good technical knowledge of markets and relevant laws (securities, insolvency, tax, etc.) with respect to capital markets, securities, derivative, structured finance and similar products
  • Excellent drafting, negotiation and organization skills  

Preferred skills:

  • Knowledge of US securities laws and banking regulations (and how they impact global coverage models) would be useful
  • Fluency in Japanese/Mandarin an advantage 

Team members 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.

Please submit your application online via our website at https://www.wellsfargo.com/about/careers/international/ by entering the Requisition ID 19275BR for job search.

Search International Jobs > Continue > Search Openings (Type the Requisition ID 19275BR in the Auto req ID box) > Search

Applications received will be kept confidential and used for employment purposes only. Applicants who are not contacted within 8 weeks may consider their applications unsuccessful. The Bank will retain their applications for a maximum of one year and may refer suitable applicants to other vacancies within the Bank.