U.S. Bank Client Contract Consultant 2 (Paralegal) in Minneapolis, Minnesota
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.
This role is responsible for drafting and negotiating agreements for the onboarding of commercial and corporate clients. Work is typically performed independently with minimal guidance but with substantial collaboration with other groups and team members. Ideal candidate has an advanced understanding of applicable laws, regulations, financial services and regulatory trends that impact their assigned business line. Job scope and complexity of assigned business is broad and complex. The role has a good understanding of the business line’s products and operations. Position has the potential to interact and advise Senior and Executive Level Management during the course of negotiations requiring an advanced level of presentation, negotiation and relationship building skills. This position may be primary lead during negotiations, exception/resolution activities or risk analysis, including providing guidance and recommendations.
For RFPs, consolidate the legal redlines from corporate legal and ERRM to denote areas of concern/issues that need to be document in our proposal response.
Track those issues and insurance redlines so they do not have to be redone at time of contract award.
Upon contract award, work with the sales lead to define the contract document to use as the initial starting point for the contract.
Act as the project manager for the negotiation process (schedule internal and external meeting to resolve issues, keep the contracting process on track, prepare documentation, gain approvals, etc.)
Maintain a central library for approved contract negotiation deviations.
Route final documents for approval and signature.
Upon receipt of signed contract, create electronic copy for the master file, file the original, sent copy to sales.
Assist in creating the information needed for internal communication (SLAs and information for implementation team and relationship manager, etc.).
This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.
Law degree/paralegal studies, or equivalent work experience
Two to five years of contract and negotiation experience ideal
Thorough understanding of contract structure and terms required to support the business line and clients
Advanced understanding of applicable laws, regulations, and business line's policies, procedures, products and operations
Advanced understanding of applicable financial services and regulatory trends that impact their assigned business line
Well-developed organizational, problem-solving and analytical skills
Ability to manage multiple tasks, issues and deadlines simultaneously
Excellent negotiation and relationship building skills
Excellent presentation, verbal and written communication skills
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) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
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
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 (https://eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) EEO poster.
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) .
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.