U.S. Bank Deputy General Counsel – Wealth Management and Investment Services in New York, New York
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. 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.
Job Description 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.
THE ROLE 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 lead a team of lawyers and support staff which provides legal counsel to U.S. Bank’s Wealth Management and Investment Services businesses. Trust, banking, investment management, and securities activities in these areas require compliance with a complex legal framework of federal laws and regulations, multiple state laws, and fiduciary common law.
Wealth Management from U.S. Bank and U.S. Bancorp Investments offers comprehensive wealth management services to individuals and families across a wide range of wealth levels. U.S. Bank provides banking, trust, planning and investments. U.S. Bancorp Investments, a broker-dealer and registered investment adviser, delivers planning, investment, insurance and brokerage services.
Investment Services provides corporate trust, custody and fund services tailored to a diverse client base. With more than $7.1 trillion in assets under custody and administration, Investment Services operates a network of more than 4,600 employees in over 100 offices across the U.S. and Europe. U.S. Bank is currently the top provider of corporate trust services in the US for CLO, structured finance and municipal transactions. Services to investment funds include management of a proprietary money market fund complex, the First American Funds, and the provision of fund administration, transfer agency and custody services to client funds domiciled in the US, Ireland and Luxembourg.
Attorneys advising the Wealth Management and Investment Services businesses provide a variety of legal advice and services including interpretation of applicable laws and regulations; drafting and negotiating of client and vendor documents; and advising management concerning client matters, new products, implementation of regulations, acquisitions and other business activities.
The attorney team represents expertise in a broad range of laws and regulations including the Trust Indenture Act; ERISA; FINRA Rules; applicable tax regulations; the Investment Company Act of 1940; the Investment Adviser Act of 1940; Federal banking law/regulations including 12 CFR 9; and state laws such as the Uniform Commercial Code, Uniform Trust Code and the Uniform Prudent Investor Act.
Successful candidates for a position in the U.S. Bank Law Division will 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. 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.
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.” 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.
QUALIFICATIONS Law degree Licensed in good standing to practice law in at least one jurisdiction Twelve 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
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
EEO is the Law Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law 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.
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.