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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

At U.S. Bank, we’re passionate about helping customers and 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.

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. And they contribute to the excellence of the Law Division through meaningful collaboration, participation in the community, and investment in the development of the department.

The U.S. Bank Law Division is seeking an attorney to join its Legal Regulatory Group (LRG) to provide legal advice on federal and state statutes and regulations, focused on securities laws and the activities of broker-dealers and registered investment advisers. The attorney will support the regulatory change process by interpreting legal and regulatory proposed and final changes, providing advocacy guidance, interpreting final legal and regulatory requirements, drafting summaries explaining the legal and regulatory changes for use by internal partners, such as compliance and business lines, and providing legal advice and interpretive guidance for projects implementing the legal and regulatory changes.

The successful candidate will be able to work collaboratively and develop strong working relationships with partners across multiple lines of business, compliance, risk, and the Law Division.

Primary Responsibilities

- Interpret and analyze federal and state statutes and regulations applicable to the company with a focus on broker-dealer and registered investment adviser requirements, including SEC and FINRA regulations and state securities laws.

- Advise business lines, compliance, and other stakeholders on requirements of federal and state relevant statutes and regulations, including newly adopted requirements to be implemented.

- Communicate effectively through written work product, meetings, and projects to provide an understanding of legal and regulatory requirements related to changes in laws or regulations.

- Assist compliance with integration of legal and regulatory requirements into oversight framework and implementation projects.

- Build strong relationships with business lines, compliance, Law Division members, and other U.S. Bank internal stakeholders.

- Willingness to learn and conduct regulatory change work, including legal interpretation, written and verbal explanations of changes in laws and regulations, and advice on projects implementing such changes for a variety of state law topics.

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.

Basic Qualifications

- Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority

Preferred Skills/Experience

- At least five years of relevant work experience in private practice, as a member of an in-house legal department, or as an attorney with a relevant regulatory agency

- Familiarity with federal and state securities statutes and regulations

- Ability to exercise independent judgment and discretion

- Strong oral and written communication skills

- Ability to build relationships with and interact effectively with business lines, compliance, and other internal partners

- Ability to manage multiple priorities and ensure completion of deadlines are met

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 (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

E-Verify

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 - $172,590.00

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.