Assistant General Counsel - Enterprise Procurement Attorney
About The Position
The U.S. Bank Law Division is seeking an experienced attorney to join the Enterprise Procurement Legal Team. We are looking for an individual who can work independently but collaboratively in a fast-paced and collegial team environment. Ideal candidates will have experience supporting an enterprise contracting function and negotiating technology contracts. The position offers candidates a career with exposure to enterprise-wide contracting, with a focus on technology contracts, while working directly with business line executives and collaborating with business units and legal professionals at U.S. Bank. This role will work directly with enterprise procurement and internal contracting teams with negotiating, drafting and reviewing enterprise vendor contracts for all business units, including major technology contracts (e.g., licensing, maintenance, cloud services, offshore, outsourcing, SaaS, PaaS, IaaS, mainframe, hardware purchasing, NDAs, and telecommunications agreements). This attorney will also collaborate with Law Division colleagues, Third-Party Risk Management (TPRM), and the Enterprise Procurement team to develop and implement enhancements to the process for escalating and reviewing critical legal issues in vendor contracts.
Requirements
- Law degree
- Licensed in good standing to practice law in at least one jurisdiction
Nice To Haves
- 8 to 12 years of relevant experience in-house or at a law firm
- Ability to effectively advise business executives on risk-based terms
- Demonstrated experience analyzing and interpreting existing agreements
- Experience providing legal support for the procurement and contract services functions of a financial institution, a Fortune 500 company or another company in a regulated industry.
- Ability to strategically prioritize and manage concurrent projects
- Experience with SaaS, cloud, PaaS, IaaS, mainframe contracts
- Experience with OCC requirements
- Experience with information security and privacy
- Experience with negotiating AI terms in vendor contracts
- Strong written, verbal, and interpersonal communication skills
- Well-developed leadership abilities and strategic management skills
- Ability to assess risks and provide thoughtful advice in a fast-paced environment
Responsibilities
- Draft, negotiate and review enterprise procurement contracts.
- Collaborate with internal stakeholders, including legal, procurement, internal contracting, TPRM, technology, and operations teams to ensure that contractual terms align with business objectives and risk tolerance.
- Analyze contractual risks and partner with Law Division peers and clients to develop strategies to mitigate them.
- Provide guidance and support to internal teams on contract-related matters, including contract interpretation.
- Advise businesses on legal and regulatory compliance and company policies and procedures.
- Stay abreast of relevant market, legal and regulatory developments.
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
