Assistant General Counsel: Impact Finance - Tax Credit Syndications

U.S. Bank • Atlanta, DC

6d • Hybrid

About The Position

U.S. Bank is seeking an attorney to provide legal support for U.S. Bancorp Impact Finance (IF). This role will assist with legal support to IF’s key product areas – Affordable Housing, Community Finance Solutions, Environmental Finance, and Tax Credit Syndications – with a focus on federal and state tax credit syndications. The successful candidate will have a strong and relevant transactional background, including negotiation and counseling experience, and a commitment to building strong relationships to deliver compliant and pragmatic guidance.

Requirements

• Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority.
• At least 5-8 years of in-house, government or law firm experience in structuring tax credit investments utilizing historic rehabilitation tax credits (HTCs), low income housing tax credits (LIHTCs), new markets tax credits (NMTCs) and/or various state tax credit programs.
• Experience documenting and negotiating tax credit investments, including upper tier tax credit syndications and tax credit clearinghouse documentation.
• Demonstrated experience with, or potential to gain thorough and current knowledge of, state and federal tax credit laws and regulations.
• Knowledge of, or potential to gain thorough and current knowledge of, regulatory environment applicable to community development finance activities of financial institutions.
• Problem solver with a demonstrated commitment to client service and strength in working collaboratively.
• Excellent communication skills and strategic thinker with ability to support process improvement.
• Ability to translate complex legal concepts into actionable business guidance.
• Diligent, detail-oriented, and proactive, with a desire to learn new skills and keep abreast of industry and regulatory developments.
• Interest and curiosity with respect to the Bank’s business and operations.
• Experience developing new products and services in a highly regulated environment.

Responsibilities

• Provide legal support for U.S. Bancorp Impact Finance (IF).
• Assist with legal support to IF’s key product areas – Affordable Housing, Community Finance Solutions, Environmental Finance, and Tax Credit Syndications.
• Focus on federal and state tax credit syndications.
• Deliver compliant and pragmatic guidance.
• Contribute to the excellence of the Law Division through meaningful collaboration, participation in the community, and investment in the development of the department.
• Support U.S. Bank’s core values: We do the right thing, We power potential, We stay a step ahead, We draw strength from diversity, We put people first.
• Guide clients to remarkable results with expert legal counsel and ethical leadership.
• Contribute time and expertise to pro bono work.

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
• Incentive and recognition programs
• Equity stock purchase
• 401(k) contribution and pension

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed