U.S. Bank

U.S. Bank Regulatory Attorney, Assistant General Counsel – Washington D.C., Minneapolis, New York, and Charlotte

https://www.usbank.com/careers

Position number:  200022946

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. We are committed to our purpose: we invest our hearts and minds to power human potential. Part of this commitment, and one of our core values, is the creation of a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status.

Successful candidates for positions in the U.S. Bank Law Division consistently provide excellent advice and guidance to clients and colleagues, on a variety of legal matters. They build trusting relationships that allow the business to make well-informed decisions. They work to attract, retain, and develop great people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the group. Meaningful collaboration, participation in the community, and investment in the development of the Law Division are all expected from candidates.

The U.S. Bank Law Division is seeking an experienced attorney to join the Legal Regulatory Group (LRG) to support the enterprise Finance group.  This attorney will be a leader within a team that provides legal support to the group’s key constituents, including the Controller, Treasury, Regulatory Reporting, Stress Testing, and Recovery and Resolution Planning teams.  The attorney will provide regulatory legal advice to senior management on new products and services, rulemakings, strategic business and regulatory initiatives, and supervisory matters. The position offers candidates a career with exposure to a variety of legal issues, while working with various departments and individuals at U.S. Bank to serve as a trusted legal and business advisor.

RESPONSIBILITIES

• Partnering with other members of the Legal Regulatory Group, the Law Division, Risk Management and Compliance, Audit, Finance, and Government Relations when providing legal subject matter coverage and legal advice for regulatory matters, rulemakings, and supervisory interactions. 
• Providing legal advice to the Finance group on a number of complex, prudential regulatory areas such as recovery and resolution planning, including QFC recordkeeping, enhanced prudential standards, OCC regulations and guidance on bank activities, deposits and deposit insurance, capital, liquidity, and stress testing regulations; as well as regulatory reporting requirements.
• Identify, recommend, and engage in advocacy initiatives that consistent with our core values, draft comment letters, and participate in meetings with regulators to advance U.S. Bank’s positions.
• Provide legal support and guidance on enterprise-wide regulatory reporting and compliance projects.
• Review and analyze regulatory issuances and provide legal advice and support to the regulatory change management process.

• Collaborate with a wide range of U.S. Bank personnel from the business lines as well as the operations, risk and compliance, treasury, and legal functions in the preparation of regulatory applications as well as drafting and reviewing internal policies and procedures.

Basic Qualifications

• Law degree
• Licensed in good standing to practice law in at least one jurisdiction
• Five or more years of experience as an attorney in a regulatory agency, law firm supporting financial institutions, or in-house experience at a financial institution
• Demonstrated experience with bank regulatory law including the Dodd-Frank Act, Federal Deposit Insurance Act, Bank Holding Company Act, and the National Bank Act, and their attendant regulations

Preferred Skills/Experience

• Ability to collaborate confidently and effectively with a diverse range of stakeholders
• Ability to work across business lines at senior levels to influence and effect change to achieve common goals
• Ability to assess risks and provide thoughtful advice in a fast-paced environment
• Ability to work with minimal supervision and exercise independent judgment and discretion
• Strong written, verbal, and interpersonal communication skills
• Strong commitment to client service

Successful candidates for a position in the U.S. Bank Law Division will support U.S. Bank’s core values, which guide what we do every day:

• We do the right thing.
• We power potential.
• We stay a step ahead.
• We draw strength from diversity.
• We put people first.

We are proud that U.S. Bank has been recognized as a World’s Most Ethical Company® by the Ethisphere Institute and has been named the #1 Most Admired Superregional Bank by Fortune magazine.

In the U.S. Bank Law Division, we honor those values through our mission: “we guide our clients to remarkable results with expert legal counsel.” Our commitment is evident in the work we do, not only for the bank, but for our communities. The Law Division has received several awards for its pro bono contributions, including the Minnesota Corporate Pro Bono Council’s “Excellence in Pro Bono Award,” and we encourage our legal professionals to contribute time and expertise to pro bono work as part of their role.

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce.  We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.