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) 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.

Responsibilities Include

- 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, deposits and deposit insurance, recovery and resolution planning, as well as bank and financial holding company activities.

- Identify, recommend, and engage in advocacy initiatives that 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.

Location Expectations

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.

Preferred Skills/Experience

- 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

- Eight or more years of experience as an attorney in a regulatory agency, law firm supporting financial institutions, or in-house experience at a financial institution

- Demonstrated 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

- Exceptional written, verbal, and interpersonal communication skills

- Strong commitment to client service