Lead AI Counsel

U.S. Bank•Washington, DC

1d•Hybrid

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 our Operations, Technology and Regulatory Team to act as Lead AI counsel supporting the AI Center of Excellence on enterprise AI efforts. This unique role will put you at the center of U.S. Bank’s AI initiatives, with a focus on advising and empowering our AI Center of Excellence and our enterprise AI efforts. This role provides legal and regulatory leadership for the development, deployment, and oversight of AI systems across the enterprise, ensuring compliance, ethical use, and alignment with financial services laws and standards. The role will partner closely with other Law Division subject matter experts, technology teams, risk functions, and product owners. This position rewards a curious, collaborative, and entrepreneurial person who is eager to dive in, get to know U.S. Bank’s business and technology, and then identify and solve problems.

Requirements

Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority.
10+ years of legal experience, with significant experience in financial services, technology, or regulatory counseling.
Expertise in AI/ML technology issues, privacy law, and data governance.
Demonstrated ability to lead complex, cross-functional initiatives in highly regulated environments.
Exceptional communication skills with the ability to convey technical concepts to non-technical stakeholders.

Nice To Haves

Experience advising on generative AI, large language models, and advanced analytics.
Experience working in-house at a major bank, fintech, payments company, or regulatory agency.
Familiarity with global AI frameworks (e.g., EU AI Act, UK AI regulations, emerging U.S. federal and state AI legislation).
Technical fluency or advanced comfort with data science concepts.
Prior leadership of a legal team focused on technology or AI governance.

Responsibilities

Interpret and advise on emerging AI-related laws, regulations, and guidance (e.g., banking regulations, consumer protection, data privacy, algorithmic accountability, AI safety requirements).
Monitor global regulatory developments related to AI and machine learning and assess impact on enterprise strategy and operations.
Partner with risk and technology teams to advise on legal risks associated with training data, model transparency, bias mitigation, and system outputs.
Provide practical legal guidance in the design and deployment of generative AI and automated decisioning systems.
Provide assistance to the Procurement team with review and negotiating contracts with AI vendors, cloud providers, and data licensors.
Educate Law Division and business leaders on AI-related legal risks and opportunities.
Work with Legal Operations to develop strategy for Law Division’s use of AI.

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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