About this role:

Wells Fargo is seeking an Assistant General Counsel - Executive Director - to join the Financial Crimes Legal team within the Legal Department. For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career.

Attorneys in the Financial Crimes Legal team provide expert legal advice regarding financial crimes laws and regulations globally, including related to Anti-Money Laundering (AML), Economic Sanctions and Anti-Bribery and Corruption (ABC). Financial Crimes Legal advises Financial Crimes Risk Management, members of the Wells Fargo Legal Department, Business Groups, Enterprise Functions, Corporate Risk and other stakeholders.

In this role you will:

• Serve as a senior legal advisor to Financial Crimes Risk Management and other stakeholders in analyzing financial crimes legal and regulatory issues and provide effective advice on complex legal matters involving digital asset products, platforms, and transactions
• Lead the strategy and resolution of highly complex and unique challenges in digital and traditional asset classes across multiple areas or the enterprise, delivering solutions that are long-term, large-scale and require vision, creativity, innovation, advanced analytical and inductive thinking, and coordination of highly complex activities and guidance to others
• Counsel compliance, investigations, and coverage strategy teams on crypto‑related customer due diligence, transaction monitoring, blockchain analytics, funds transfer recordkeeping, and wallet attribution issues.
• Advise compliance, business, and government and regulatory relations partners on legislative and regulatory digital asset proposals and policies regarding anti-money laundering, sanctions, fraud, digital identity, and other financial crimes issues
• Engage proactively and independently with business clients and develop an in-depth understanding of the firm’s digital asset strategy to help manage financial crimes risks
• Partner with business leaders and management of different lines of business to develop and implement risk management programs for digital assets in markets, lending, trading and consumer applications
• Assess legal risk of financial crime issues, both digital and traditional, and develop strategies for reducing legal exposure.
• Support the design and enhancement of AML and sanctions controls for digital asset activities, including stable coins, custody, payments, tokenization, and on‑/off‑ramp services. Review and assess third‑party risks related to digital asset service providers, blockchain infrastructure vendors, and crypto market utilities.
• Collaborate within the department and across business and staff functions as a subject matter expert on financial crimes in digital assets to address legal and risk issues in a manner consistent with the best interests of Wells Fargo.
• Monitor legal and regulatory developments in digital assets and proactively advise on potential impacts to the bank’s financial crimes risk profile
• Oversee and take an active role in the education and training of a team of attorneys

Required Qualifications:

• 7+ 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

Desired Qualifications:

• Significant expertise as a practicing attorney advising banks or other financial institutions related to AML and economic sanctions issues around digital assets with a major law firm, government, or in-house law department within the financial services industry
• Significant experience analyzing legal and regulatory issues in AML and sanctions, including regulatory expectations and industry best practices, especially regarding digital assets
• Proven collaboration skills with the ability to interface with regulators, internal regulatory relation stakeholders, external trade associations, legal subject matter experts across the enterprise, and business stakeholders
• Ability to think creatively with dynamic presentation skills
• Excellent verbal and written communication skills with proven experience presenting to senior leaders and providing expert analysis of proposed initiatives when there is a lack of clear law or regulation
• Strong risk assessment skills and subject matter knowledge
• Ability to build relationships with internal and external clients

Job Expectations:

• 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

Posting Locations:

• Charlotte, NC
• Washington, DC
• Minneapolis, MN
• New York, NY

Pay Range

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.

Posting End Date:

*Job posting may come down early due to volume of applicants.

We Value Equal Opportunity

Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

Applicants with Disabilities

To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.

Drug and Alcohol Policy

Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.

Wells Fargo Recruitment and Hiring Requirements:

a. Third-Party recordings are prohibited unless authorized by Wells Fargo.

b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.