Associate General Counsel - Capital Markets

U.S. Bank • Minneapolis, MN

21h • Onsite

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 The U.S. Bank Law Division is seeking an experienced attorney to join the Capital Markets Legal Team. We are looking for an individual who can work independently but collaboratively in a fast-paced and collegial team environment. This attorney will support the Global Capital Markets (GCM) business line (including the Debt Capital Markets Group and other related business teams), will be responsible for a variety of transactions and related regulatory matters, and will lead a small team of legal professionals that support the GCM business. Preferred candidates will have eight to ten years of corporate finance experience, with demonstrated recent experience providing guidance in some or all of the following areas: investment grade and high yield debt securities origination and secondary trading, leveraged finance, and private placements. Ideal candidates will have experience advising on institutional broker-dealer regulatory compliance matters, such as advising on new product development, policies and procedures, net capital rules, trading and trade reporting and books and records. Given the Capital Markets Legal Team’s flexible culture, the role’s specific responsibilities and focus areas may be determined based on the candidate’s experience. The position offers candidates a career with exposure to a variety of securities and corporate finance related legal issues and the opportunity to support a growing business (both in terms of volume and product offerings), while working with various departments and individuals at U.S. Bank. 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 and investment in the development of the Law Division are expected from successful candidates.

Requirements

• Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority

Nice To Haves

• At least 8 to 10 years of material, relevant experience as an attorney in a law firm and/or as in-house counsel supporting securities offerings and other financing transactions
• Experience supporting and providing legal guidance relating to debt capital markets and/or structured finance transactions, preferably including CLO/ABS structures and other structured finance transactions preferred, but not required
• Advanced knowledge and experience with securities, broker-dealer regulation, and other pertinent laws and regulations, including the 33 Act and 34 Act, the 40 Act, the Dodd-Frank Act (including the Volcker Rule), the Securities Act and the Securities Exchange Act, and some familiarity with cross-border issues and dealing in foreign jurisdictions
• Excellent analytical, decision-making and problem-solving skills
• Excellent written, verbal, and interpersonal communication skills
• Ability to collaborate confidently and effectively with a diverse range of stakeholders, including senior leaders
• Ability to assess risks and provide thoughtful advice in a fast-paced environment

Responsibilities

• Review and negotiate corporate bond offering documentation, including offering memoranda, underwriting agreements and supporting documentation
• Draft, review and negotiate engagement letters, NDAs and legal opinions related to the transactions listed above
• Effectively communicate with external law firms, peer institutions, vendors, and other third parties
• Advise business units and other support partners (Compliance, Risk Management, etc.) regarding securities laws and regulations, SEC/FINRA Rules and related risks
• Stay abreast of relevant market, legal and regulatory developments
• Assist in training business units regarding legal risks and regulatory changes, including advising on regulatory change projects relating to securities sales and trading
• Become familiar with relevant U.S. Bank policies and procedures, ranging from AML/KYC matters to onboarding foreign investors
• Work closely with business lines and support partners to ensure continuous compliance with laws, regulations and policies
• Advise on secondary market trading matters
• Negotiate securities trading agreements, including securities lending and repurchase agreements
• Review debt private placements engagement letters and related documentation
• Participate in trade group working groups on relevant matters

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