Wealth & Investment Management (WIM) is one of the United States' leading providers of financial and investment services. We offer a full range of personalized wealth management, investment, planning, and retirement products and services to help meet clients' unique needs and to help them pursue their financial goals more confidently. We bring together subject matter expertise, products, and services, so it's easier for clients to do business with us and for advisors to support their clients.
Banking, Lending, & Trust is a center of excellence that unlocks access to Wealth & Investment Management (WIM) products and services based on client needs. These products and services include Deposits & Consumer Lending, Banking and Credit Solutions, Private Wealth Portfolio Management, and Trust Services.
About this role:Wells Fargo is seeking a Group Head to lead the Legal Specialty Group (LSG), a vertically integrated commercial and private banking team dedicated to the legal industry. LSG is within WIM Banking, Lending & Trust and engages with America's top Law Firms and their Partners to provide Private Banking, Personal and Commercial Lending, and Treasury management products and services that result in a positive client experience helping firms meet their financial goals. This Senior Leader is responsible for driving strategic growth and client management for the LSG business.
In this role, you will:- Develop holistic business strategy
- Manage full balance sheet, P&L and associated financial and operational risks
- Manage and develop a national team of Relationship Managers (RMs)
- Assign accounts and ensure relationships are managed according to customer objectives and company policy and procedures
- Develop new business by consulting with RM's through existing customer base and interaction with external resources
- Interpret policies, procedures, and compliance requirements
- Manage allocation of people and financial resources for aligned functional area
- Mentor and guide talent development of direct reports and assist in hiring talent
- Manage staff levels including selection and development of staff
Required Qualifications:- 8+ years of Wealth Management Banking experience, or equivalent demonstrated through one or a combination of the
- following: work experience, training, military experience, education
- 4+ years of Management experience
Desired Qualifications:- Legal industry credit and lending experience
- Thorough knowledge of financial accounting theory and logic, loan structuring, commercial products and services
- Leadership experience with ability to effectively manage and engage teams
- Experience in building strong teams with a culture focused on partnering across groups, customer service and focus on managing a pipeline
- Proven success developing holistic business strategy and driving growth
- Ability to manage full balance sheet, P&L, and operational risk
- Strong interpersonal skills and communication skills
- Successfully completed FINRA Series 7 & 66 (or FINRA recognized equivalents)
Job Expectations:- Registration for FINRA Series 7 & 66 must be completed within a 90 or 180-day time period contingent upon number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted.
- For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required
- May be expected to travel 25% of the time
- This position is not eligible for Visa sponsorship
- This position offers a hybrid work schedule in compliance with FINRA standards
- Obtaining and/or maintaining appropriate Financial Industry Regulatory Authority (FINRA) license(s) is required for ongoing employment in this position. In addition state registration, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA review process at the time of offer acceptance
- This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to comply with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents
Job Locations:- New York, Dallas, Washington DC, San Francisco, Charlotte, Miami
- Pay Range: 173,300 - 359,900 USD Annual
- May be considered for a discretionary bonus, Restricted Share Rights, or other long-term incentive awards
Pay RangeReflected 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.
$173,300.00 - $359,900.00
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:20 Jan 2025
* Job posting may come down early due to volume of applicants. We Value DiversityAt 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 DisabilitiesTo request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo .
Drug and Alcohol PolicyWells 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.
