Associate General Counsel - Bank Regulatory

U.S. Bank • Minneapolis, MN

13h

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description 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 as well as the Bank’s business lines. 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.

Requirements

• Law degree
• Licensed in good standing to practice law in at least one jurisdiction
• 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
• At least 12 years of experience as an attorney in a regulatory agency, law firm supporting financial institutions, or in-house experience at a financial institution
• Demonstrated 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
• Exceptional written, verbal, and interpersonal communication skills
• Strong commitment to client service
• Successful candidates for a position in the U.S. Bank Law Division 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.
• Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Responsibilities

• Partnering with stakeholders, including 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 liquidity, capital, and stress testing regulations, enhanced prudential standards, as well as bank and financial holding company activities.
• Identifying, recommending, and engaging in advocacy initiatives that consistent with our core values, draft comment letters, and participate in meetings with regulators and trade groups to advance U.S. Bank’s positions.
• Providing legal support and guidance on enterprise-wide regulatory reporting and compliance projects.
• Reviewing and analyzing regulatory issuances and provide legal advice and support to the regulatory change management process.
• Collaborating 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.

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

What This Job Offers

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