Associate General Counsel - Bank Regulatory

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 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.

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.

PRIMARY 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.
• Identify, recommend, and engage in advocacy initiatives that are consistent with our core values, draft comment letters, and participate in meetings with regulators and trade groups to advance U.S. Bank’s positions.
• Provide legal support and guidance on enterprise-wide regulatory reporting and compliance projects.
• Review and analyze regulatory issuances and provide legal advice and support to the regulatory change management process.
• Collaborate 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.
QUALIFICATIONS :
• 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

PREFERRED SKILLS / EXPERIENCE :

Successful candidates for a position in the U.S. Bank Law Division will support U.S. Bank’s core values, which guide what we do every day :

In the U.S. Bank Law Division, we honor those values through our mission : “we guide our clients to remarkable results with expert legal counsel and ethical leadership.” Our commitment is evident in the work we do, not only for the Bank, but for our communities. The Law Division has received several awards for its pro bono contributions, including the Minnesota Corporate Pro Bono Council’s “Excellence in Pro Bono Award,” and we encourage our legal professionals to contribute time and expertise to pro bono work as part of their role.

We are proud that U.S. Bank was recognized as a “World’s Most Ethical Company” by Ethisphere, named as one of Fortune World’s “Most Admired Companies,” is on DiversityInc’s “Top 50 Companies for Diversity” list, and scored 100 on the Human Rights Campaign Corporate Equality Index.

Benefits :

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program .

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