Wells Fargo
Sr. Counsel, Indirect Auto Lending
MINNEAPOLIS, MN
Mar 18, 2025
Full-time
Full Job Description

About this role:

Wells Fargo is seeking a Senior Counsel to support Wells Fargo Auto, a leading indirect auto lender offering consumers vehicle financing through a network of dealers nationwide. The Senior Counsel will join a team of attorneys in the Consumer Lending Division of the Legal Department.

For additional information on this line of business, refer to the external Careers Site at Wellsfargo.com/career.


In this role, you will:

  • Lead or participate in moderately complex initiatives and deliverables and contribute to large-scale planning
  • Provide legal advice and represent of the Company in highly complex litigation, negotiations, settlement discussions, and claims related legal issues
  • Review and analyze moderately complex challenges that require an in-depth evaluation of variable factors
  • Manage highly complex claims and litigation
  • Provide guidance to internal clients on legal matters to assist with legal risk assessment, planning and policy decisions, claims against the Company, probability of loss, and develop cost-effective risk mitigation strategies
  • Draft complex legal documents, review and negotiate documents prepared by outside counsel
  • Independently resolve moderately complex issues and lead team to meet deliverables
  • Identify and analyze complex legal issues, develop conclusions and make recommendations for issue resolution
  • Develop the strategic direction for certain claims functions and management of related policies, procedures and controls to mitigate risk
  • Educate, train, and supervise less experienced attorneys within the Legal department
  • Collaborate with peers, colleagues and mid-level managers to resolve issues and achieve goals
  • Lead projects, teams or serve as a mentor for less experienced staff
  • Work directly with business clients and develop an in depth understanding of business unit activities and products
  • Partner with business leaders and management of other corporate departments to develop and implement risk management programs


Required Qualifications:

  • 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

Desired Qualifications:

  • Experience with indirect consumer auto lending, including with respect to one or more of the following topics: credit policy, underwriting, funding, dealer management and oversight, credit reporting, and other origination issues.
  • Expertise on consumer protection laws, including ECOA, TILA, FCRA, UDAAP, and state corollaries.
  • Experience with direct auto lending and motorcycle finance also useful.


Job Expectations:

  • Travel up to 10%
  • Ability to work at one of our approved job posting locations
  • Ability to work a hybrid schedule, in office at least 3 days a week

Pay Range

Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to achievements, skills, experience, or work location. The range listed is just one component of the compensation package offered to candidates.

$120,400.00 - $262,600.00

Benefits

Wells Fargo provides eligible employees with a comprehensive set of benefits, many of which are listed below. Visit Benefits - Wells Fargo Jobs for an overview of the following benefit plans and programs offered to employees.

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Posting End Date:

28 Mar 2025

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

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, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

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.

PDN-9e76f216-8440-42bb-be63-a1f0e27ed7c6
Job Information
Job Category:
Finance
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Sr. Counsel, Indirect Auto Lending
Wells Fargo
MINNEAPOLIS, MN
Mar 18, 2025
Full-time
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