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CHARLOTTE, NC; 141753-NC-Three Wells Fargo Center, Charlotte; DES MOINES, IA; IRVING, TX; MINNEAPOLIS, MN; CHICAGO, IL
Source: Wells Fargo careers · View original posting
From Wells Fargo's posting. “We” and “our” refer to the employer.
Wells Fargo is seeking a Senior Counsel to join the Merchant Services team within the Legal Department. The individual selected will join a team of legal professionals responsible for providing legal support to the Merchant Services business, including matters related to payment card acquiring, product development and implementation, key vendor relationships, regulatory requirements, risk management, payment network rules and network agreements. The Senior Counsel will work directly with business clients and partner with attorneys,
risk and compliance partners, and other stakeholders to support Merchant Services business activities and initiatives.
Lead or participate in moderately complex initiatives and deliverables supporting the Merchant Services business and contribute to broader planning and strategic initiatives.
Assist senior lawyers in providing legal advice and guidance regarding federal and state laws and regulations impacting Merchant Services and analyze related policies, standards, and procedures.
Provide legal support related to credit, debit, and other payment card acquiring activities and payment network requirements.
Identify and analyze complex legal issues, develop conclusions, and advise business clients on appropriate legal and risk mitigation strategies.
Provide legal guidance related to product development, implementation, and other Merchant Services business initiatives.
Advise internal clients regarding applicable acquiring, money transmitter, BSA/AML, OFAC, KYC, and other financial crimes 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.
Experience as a practicing attorney supporting merchant services, merchant acquiring, payments, or financial product development and implementation.
Experience with credit and debit card network rules and regulations.
Experience drafting and negotiating commercial agreements, including merchant agreements, statements of work, and nondisclosure agreements.
Experience advising on BSA/AML, OFAC, KYC, and other financial crimes requirements.
Experience analyzing changes in laws and regulations and advising management regarding their impact on business activities.
Ability to identify and analyze complex legal issues and provide practical legal advice and recommendations.
Ability to collaborate effectively within the Legal Department and with business, risk, compliance, and other corporate partners.
Position will require onsite presence from any of the required locations listed.
Ability to work a hybrid schedule, in office at least 3 days a week.
This position is not eligible for Visa sponsorship.
Relocation assistance is not available for this position.
Pay Range
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).
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$139,000.00 - $260,000.00
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