Senior Corporate Counsel – Corporate Trust Attorney

U.S. BankMinneapolis, MN
Hybrid

About The Position

U.S. Bank is seeking an attorney to join the Law Division’s Global Corporate Trust legal team to support its corporate trust business. U.S. Bank is among the premier corporate trustees in the country, serving in trustee and agency capacities in the public finance, corporate finance, and structured finance sectors. U.S. Bank’s Corporate Trust business also provides services as escrow agent, paying agent, transfer agent, document custodian, and more. This attorney will provide legal support for transactional matters, specifically, for trustee services, agency services, and similar.

Requirements

  • Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
  • Five or more years of transactional practice experience, preferably within the financial services industry, including drafting, reviewing, and negotiating deal documents.
  • Experience or familiarity with corporate finance, municipal finance, structured finance, banking, or trust-related matters.
  • Understanding of legal and regulatory frameworks affecting fiduciaries and agents, including familiarity with Reg 9, the Trust Indenture Act, and the UCC.
  • Ability to manage multiple matters simultaneously and operate effectively in a fast-paced, deadline-driven environment.
  • Comfort with and interest in working on a variety of legal matters.
  • Excellent written interpersonal and communication skills.
  • Strong commitment to client service.

Nice To Haves

  • Experience advising trustees, custodial banks, investment advisers, brokers, insurers, or similar financial institutions is preferred.

Responsibilities

  • Prepare, review, and negotiate agreements in connection with the bank’s roles as bond trustee, escrow agent, paying agent, and custodian.
  • Advise business line on governing documents, account administration matters, and transactional issues across corporate and municipal finance deals.
  • Provide legal guidance on risk considerations, including potential litigation exposure and regulatory compliance matters.
  • Support business partners with contract drafting, negotiation strategy, and resolution of deal-related issues under tight timelines.
  • Interpret and assess the requirements of laws and regulations relevant to corporate trust and agency services, including those applicable to fiduciaries and financial institutions.

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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