Regulatory Change Counsel - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

About this role:

Wells Fargo is seeking a Counsel to provide primary support and oversight as part of the Legal team working on regulatory change matters including the international section of the programme which is responsible for establishing an inventory of Wells Fargo'slegal requirements outside the USA and the change mechanism to allow for the efficient and effective use and maintenance of that inventory.

The role will also provide support to the global Cross Border Activities and Regulatory Change Management programmeswithin the legal team by collaborating with internal line of business lawyers to respond to questions from the business and corporate functions, providing legal advice on compliance policies, and advising and working with the Compliance department as appropriate.

In this role, you will:

Work within a global team on the design and implementation of the programme responsible for documenting Wells Fargo's legal requirements outside the USA.
Provide written summaries of legal and regulatory developments in EMEA to stakeholders, including the Legal Department, the business, and other corporate functions, and advise on such developments as needed.
Analyze laws, regulations and rules to assess applicability and impact to Wells Fargo's activities in EMEA.
Collaborate with internal line of business lawyers to respond to questions from the business and corporate functions.
Instruct and liaise with external counsel as required.
Provide regulatory advice on other matters on an ad hoc basis.

Skills/Experience Required:

Duly qualified lawyer (2PQE+) admitted to practice law in England, the United States, other commonlaw or European jurisdiction.
Ability to analyze legal and regulatory issues in area of practice and provide effective advice to clients on complex legal matters.
Prior experience in advising on legal, regulatory, and compliance issues for a financial services firm.
Ability to evaluate impacts based on changes in laws or regulations.
Experience conducting multijurisdictional survey and research, and providing counsel and guidance regarding complex legal issues.
Strong attention to detail and accuracy skills.
Excellent verbal, written, and interpersonal communication skills.
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

Desired Qualifications:

Prior experience in advising on legal, regulatory, and compliance issues for a financial services firm.
Prior experience working on significant enterprisewide programs in a fastpaced business environment, with an ability to understand the underlying goals in order to detect legal issues and succinctly and competently counsel and communicate with lines ofbusiness and other corporate functions regarding legal risks, solutions, and alternatives.
Prior regulatory change management experience.
Prior experience advising businesses in the implementation of laws, regulations, and regulatory guidance related to businesses in EMEA.
Ability to evaluate impacts based on changes in laws or regulations.

We Value Diversity

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 accountablefor 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 complianceobligations, 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 thebusiness unit's risk appetite and all risk and compliance program requirements.