Full-Time

Senior Counsel

Institutional Derivatives & Trading

Posted on 5/9/2026

Deadline 5/15/26
Wells Fargo

Wells Fargo

10,001+ employees

Nationwide banking and financial services

Compensation Overview

$139k - $260k/yr

No H1B Sponsorship

Charlotte, NC, USA + 1 more

More locations: New York, NY, USA

Hybrid

Hybrid schedule; onsite presence required at either Charlotte, NC or New York, NY.

Category
Legal & Compliance (1)
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
  • 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
Responsibilities
  • 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
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

Wells Fargo provides banking, investment, and payment services to individuals, businesses, and institutions. Its products include checking and savings accounts, loans, credit cards, wealth management, and payments, accessible through branches, online and mobile platforms, and full payment rails. The company combines a wide national footprint with a long history and a business model that integrates banking, investment, and payments, supported by a large network of branches and ATMs. Its goal is to help customers manage money, grow wealth, and move funds safely and reliably.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1851

Simplify Jobs

Simplify's Take

What believers are saying

  • Federal Reserve asset cap removal enables $1T loan expansion post-2025.
  • Q1 2026 net income hits $5.3B with $12.1B net interest income.
  • Jefferies Buy rating targets $100, projects 6.8% revenue growth to 2029.

What critics are saying

  • KGI Securities downgrades to Hold at $88 on April 16, 2026, overvaluation.
  • Q1 2026 net charge-offs surge to $1.1B, eroding credit quality.
  • Chime fintech poaches 70M customers, forcing branch closures in 24-36 months.

What makes Wells Fargo unique

  • Wells Fargo holds Charter No. 1, first national bank charter issued June 20, 1863.
  • Iconic stagecoach brand from 1852 Gold Rush express services persists today.
  • 1998 Norwest merger blends Midwest scale with West Coast franchise dominance.

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Benefits

Health Insurance

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Parental Leave

Disability Insurance

Life Insurance

Tuition Reimbursement

Commuter Benefits

Adoption Assistance

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