About this role:
Wells Fargo is seeking a Lead Counsel as part of Legal team. Learn more about the career areas and lines of business at wellsfargojobs.com. Provision of multi-jurisdictional transaction support and legal advice to the commercial distribution finance, banking and capital markets platform in the Asia-Pacific region, with particular emphasis on the following areas:
(i) receivables financing
(ii) lending transactions (syndicated and bilateral loans, participations), trade finance, debt capital markets, derivatives, structured finance;
(iii) responsibility for addressing regulatory issues;
(iv) assisting clients in developing and executing their strategies and objectives;
and (v) providing legal advice across a range of issues to Asia management.
Responsibilities
- Providing local law advice and counsel on cross-border transactional and regulatory issues;
- Draft, negotiate and review full legal documentation in respect to lending, structured finance, leveraged financing, participations, trade finance, inventory financing and factoring matters (including accounts receivable financing agreements) distributor agreements and associated guarantee and security documents;
- Provide advice on pre-transaction structuring and transaction support;
- Identifying and mitigating transaction risks and providing creative, problem-solving legal input to new product and new initiative developments;
- Working independently with business units to help develop and execute their business strategies
- and objectives, particularly in obtaining requisite approvals from Head Office committees;
- Advising on regulations affecting the CDF APAC business and WFBNA branches in APAC, in
- particular on the ability to market, solicit and conduct business in such jurisdictions, working with Compliance Department as appropriate;
- Communicating regularly and coordinating with Head Office Law Department, in particular adhering
- to policies and procedures in retaining and managing external counsel relationships and all related legal expenses, particularly on transactions;
- Consulting with and advising clients and representing Wells Fargo in dealing with others inside and
- outside the organization, as appropriate;
- Keeping other Law Department and line of business colleagues updated on APAC legal developments and their impact on Wells Fargo’s businesses in APAC.
Required Qualifications:
- 5+ years of Law experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Requirements:
- Based in Hong Kong, duly qualified lawyer admitted to practice law in England, Hong Kong, the United States, People’s Republic of China, or other common-law jurisdictions, possessing circa 7-9 years of experience practising law with a major law firm or financial services organization
- Substantial experience in APAC representing international financial institutions on cross-border transactions and regulatory issues
- Good technical knowledge of receivables financing, lending, capital markets, trade finance and
- similar products and relevant laws with respect to secured lending
- Knowledge of US securities laws and banking regulations (and how they impact global coverage models) would be useful
- Ability to manage projects and work with multinational and multidisciplinary project teams
- Excellent legal drafting, negotiation and organisation skills
- Flexible, proactive, creative and entrepreneurial approach
- Strong business judgment and commercial attitude
- Strong interpersonal and communication skills and cooperative, team oriented approach
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
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.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
