Counsel 2 - Asset Management

Company: Wells Fargo
Location: Boston
Posted on: April 10, 2021

Job Description:

ALERT - To ensure we continue to fulfill our role as a provider of vital services to the public, we are still hiring and continue to recruit top talent to Wells Fargo. However, we have adjusted our hiring practices due to the COVID-19 situation and the related social distancing guidelines. As a result, throughout your application process, you may be asked to connect with us virtually. We encourage you to check our job postings regularly for updates and additions.
Learn what Wells Fargo is doing during the COVID-19 crisis to support our employees and protect our customers through enhanced cleaning, social distancing in bank branches, remote work arrangements, benefit changes, and more.

Job Description
Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.--In order to receive text message invitations, your profile must include a mobile phone number designated as "Personal Cell" or "Cellular" in the contact information of your application.--At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.Legal - Our vision is to advance the company's strategy, support its transformation, and effectively manage risk through a team known for collaboration, sound judgment, and proactive advice.We support our vision with four strategic pillars: Integrated Business Advice, Risk Management, Talent & Leadership Development, and Operational Excellence.We are seeking an asset management attorney with to join the team of attorneys supporting the business within Wells Fargo Asset Management (WFAM). Wells Fargo announced that it reached a definitive agreement for GTCR LLC and Reverence Capital Partners, L.P. to acquire WFAM. The transaction is expected to close in the second half of 2021, subject to customary closing conditions. The attorney hired for this role will continue to support WFAM through the deal transition period and will transition to the new asset management company post-closing. The candidate will provide legal counsel on all aspects of the investment advisory business, with a focus on institutional separately managed accounts, portfolio management, trading, institutional client marketing and sales, product development, investment structuring and operational and regulatory matters. The position will report to the Managing Counsel overseeing day-to-day legal affairs with respect WFAM.

Required Qualifications

• 2+ years of experience as a practicing attorney
• Active State Bar membership
  
  Desired Qualifications
  
  • Ability to research law and regulations and develop advice with respect to complex legal issues using public as well as company websites and databases
  • Strong attention to detail and accuracy skills
  • Excellent verbal, written, and interpersonal communication skills
  • Experience preparing legal memoranda for senior attorneys and business leaders
  • Ability to effectively organize and prioritize work while handling multiple matters
  • Ability to work effectively in a complex environment with a high degree of collaboration
  • Effective in building partnerships, functioning well with project teams, and working for the success of the team
    
    Other Desired Qualifications
    
    • Provide substantive and practical legal advice on the application of a variety of laws and regulations, including the Investment Advisers Act of 1940, the Securities Act of 1933 and the Commodity Exchange Act to the asset management business
    • Experience with drafting and negotiating investment management agreements for institutional separately managed accounts
    • Familiarity with investment advisory and trading issues related to a managed account model provider business
    • Ability to analyze complex legal issues in investment advisory businesses and provide effective advice to clients on the same
    • Understanding of investment advisory operations, particularly of trading and trade settlements
    • Experience with cross-border jurisdictional issues related to the distribution and management of institutional separately managed accounts
    • Extensive knowledge and understanding of research, counsel, and guidance on complex legal questions or inquiries
    • Effective organizational, multi-tasking, and prioritizing skills and ability to be flexible and adaptable to changing priorities and deadlines
    • Sustain a strong risk culture that identifies and provides oversight and escalation of existing and emerging compliance and/or risk issues across business groups, legal entities, geographies, and jurisdictions; and ensure that escalated risk issues receive appropriate senior management attention
    • Identify and analyze, and as necessary escalate legal issues as well as develop conclusions and recommend solutions while working directly with business partners
    • Organizational courage and willingness to make tough, informed decisions and thoughtfully share independent perspectives
    • Strong analytical, critical thinking and problem-solving skills
    • Effective communicator, both orally and in writing, able to ask well-crafted questions and present ideas in a clear and compelling manner, good listener who engenders teamwork
    • Proven ability to cultivate relationships and collaborate with multiple stakeholders and constituencies, including business and partners such as compliance and risk
    • Ethical integrity and proven ability to serve as a role model by reinforcing and demonstrating to your team members the core values and behavioral expectations contained in Wells Fargo's Vision, Values & Goals
      
      
      
      Street Address
      MA-Boston: 125 High Street - Boston, MA
      
      
      Disclaimer
      
      All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
      
      
      
      Relevant military experience is considered for veterans and transitioning service men and women.
      
      Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.
      
      
      Benefits Summary
      Benefits
      --Visit https://www.wellsfargo.com/about/careers/benefits --for benefits information. Sign up to receive updates and job alerts. Wells Fargo is committed to hiring and retaining diverse team members including Military Veterans, Veterans with disabilities, and transitioning Military personnel. We are working to increase diverse representation throughout the company and create an inclusive environment for all team members. When recruiting, we work with talent resources that focus on diversity and Veterans. We attend Veteran-focused job fairs and identify Military Veteran job seekers through resources like Military.com, Recruit Military.com, Hire Vets First, our internal Veterans' Team Member Network and others. We invite you to use our Military Skills Translator to search for career opportunities here at Wells Fargo that match your military skills and experience. Relevant military experience is considered for veterans and transitioning service men and women. Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Keywords: Wells Fargo, Boston , Counsel 2 - Asset Management, Legal , Boston, Massachusetts