Fund Lawyer

London (Central), London (Greater) (GB)
03 Mar 2021
31 Mar 2021
Vacancy Type
Solicitors, In-House
Full Time
Experience Level
Mid Level

Fund Lawyer - London

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading global financial services company headquartered in San Francisco (United States). Wells Fargo has offices in over 30 countries and territories. Our business outside of the U.S. mostly focuses on providing banking services for large corporate, government and financial institution clients. We have worldwide expertise and services to help our customers improve earnings, manage risk, and develop opportunities in the global marketplace. Our global reach offers many opportunities for you to develop a career with Wells Fargo. Join our diverse and inclusive team where you will feel valued and inspired to contribute your unique skills and experience. We are looking for talented people who will put our customers at the center of everything we do. Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Market Job Description

Wells Fargo Asset Management (WFAM) has specialized teams who provide a broad range of differentiated investment solutions to help our diverse range of clients meet their investment objectives, including fixed income and multi-asset, private markets, systematic investing, and ESG. Our clients include intermediaries and institutional investors such as consultants, insurance companies, government and pension plans.

We are looking for a lawyer to be part of the EMEA Legal Department supporting the activities of the Wells Fargo Asset Management Luxembourg UCITS Management Company and its Branches in Paris and Frankfurt (ManCo). Working within the EMEA Legal team based in London, the lawyer will advise on a wide range of legal and regulatory matters impacting the WFAM Luxembourg fund management business.


• Advise on legal and regulatory matters impacting the ManCo and the Wells Fargo (Lux) Worldwide Funds, a Luxembourg domiciled Undertakings for the Collective Investment in Transferable Securities (UCITS) and regulation by the Commission de Surveillance du Secteur Financier in Luxembourg (“CSSF”).

• Provide pragmatic and risk assessed guidance to the ManCo and boards on regulatory obligations, governance, global distribution and oversight of the UCITS Funds and other Luxembourg domiciled fund products.

• Keeping abreast of legal and regulatory developments that may have implications for business initiatives, strategy and performance of the ManCo, Funds and WFAM.

• Assisting with regulatory change and other projects to embed evolving regulation.

• Provide legal advice and guidance to Product Development, Distribution and other front office business colleagues, functional areas and enterprise stakeholders of WFAM, either leading or supporting initiatives of varying scope and complexity.

• Drafting, negotiating and amending client facing and third party service provider agreements (e.g., distribution agreements, investment management and internal and external delegation agreements, fee agreements, etc.)

• Assess legal risk associated with all risk types and develop strategies for reducing legal risk exposure for the UCITS, ManCo and the Funds.

• Attend the Conducting Officers and Board meetings and provide updates on new and ongoing regulatory projects.

• Provide general legal advice relating to the on-going EMEA activities of WFAM.

• Interact with third-party service providers to WFAM’s international operations.

Market Skills and Certifications

Skills/Experience Required:

• Professional experience working with the Luxembourg fund industry at a Luxembourg or overseas law firm or as in-house counsel within a financial services or asset management firm.

• Current practicing certificate in the United Kingdom, Luxembourg or other overseas equivalent.

• High degree of expertise and practical application of EU and Luxembourg laws as they relate to UCITS, AIFs and ManCo activities.

• Attention to detail, intellectual curiosity and strong analytical skills with ability to provide practical advice relating to complex regulatory matters.

• Collegiate with excellent communication and stakeholder management skills; and ability to provide constructive challenge to colleagues and partners.

• Ability to be proactive, solutions driven and flexible to changing priorities and deadlines.

• Highly motivated and result-oriented personality with the ability to work in a fast-paced environment.

• Experience working on major regulatory change projects such as Brexit, SFTR, SFDR, MiFID II, EMIR, etc.

• Fluent in English with a strong proficiency in French and/or German.

We Value Diversity

At Wells Fargo, we believe in diversity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national or ethnic origin, age, disability, religion, sexual orientation, gender identity or any other status protected by applicable law. We comply with all applicable laws in every jurisdiction in which we operate.

Team members 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.

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