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
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.
Specific responsibilities include
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.
Basic Qualifications
Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
Preferred Skills/Experience
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.
Experience advising trustees, custodial banks, investment advisers, brokers, insurers, or similar financial institutions is preferred.
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.
Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.
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 (https://careers.usbank.com/global/en/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:
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
Review our full benefits available by employment status here (https://careers.usbank.com/global/en/benefits/us) .
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
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: $133,365.00 - $156,900.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
