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 role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. We are committed to our purpose: we invest our hearts and minds to power human potential. Part of this commitment, and one of our core values, is the creation of 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.
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). This attorney will be a leader within a team that provides legal support to the team’s key constituents, including the Controller, Treasury, Risk and Compliance and Strategy Teams. 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.
Responsibilities
- Partnering with 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 on a number of complex, prudential regulatory areas.
- Identify, recommend, and engage in advocacy initiatives that consistent with our core values, draft comment letters, and participate in meetings with regulators 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.
Basic Qualifications
- Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
Preferred Skills/Experience
- Twelve or more years of experience [CR1] as an attorney in a regulatory agency, law firm supporting financial institutions, or in-house experience at a financial institution
- 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
- 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
- Strong written, verbal, and interpersonal communication skills
- Strong commitment to client service
We are proud that U.S. Bank has been recognized as a World’s Most Ethical Company® by the Ethisphere Institute and has been named the #1 Most Admired Superregional Bank by Fortune magazine.
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.
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. In addition, the Law Division has been recognized for its leadership and engagement in Diversity, Equity, and Inclusion initiatives.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
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):
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
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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $188,530.00 - $221,800.00 - $243,980.00Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.
