U.S. Bank Assistant General Counsel in Washington, District Of Columbia
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 DescriptionSuccessful 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.
U.S. Bank is seeking an experienced bank regulatory attorney for the Legal Regulatory Group (LRG) within the Law Division. This attorney will provide legal support on a wide range of applicable federal banking statutes and regulations including prudential and safety and soundness regulations, and how they apply to U.S. Bank’s operations, corporate activities, investments, and affiliate transactions. A familiarity with both federal banking laws and general bank operations are necessary for this role.
The attorney in this role will be assume primary responsibility for the management of the Enforcement Action Program, which involves monitoring enforcement actions directed at third parties, evaluating the alleged conduct in such enforcement actions, identifying project work, and providing legal advice and counsel to business lines and support functions regarding the enforcement actions entered against third parties. The attorney in this role may also provide support to the remediation efforts of various areas of the Company. The attorney in this role is expected to report to and engage with leaders throughout the Company, particularly in the Risk organization and Law Division.
Additionally, this attorney will be engaged with other LRG attorneys in drafting regulatory change memoranda; participating in trade association meetings; providing legal interpretation regarding bank regulations and state and federal laws for members of the Law Division, Government Relations, Corporate Risk and Compliance, Audit and business lines; and serving as legal support for various corporate projects.
Basic Qualifications Law degree
Licensed in good standing to practice law in at least one jurisdiction
Preferred Skills/Experience 10+ years of experience working in-house in the financial services industry or at a law firm with a strong knowledge of bank regulation and recent practical experience.
Knowledge of operations of business unit(s), products, policies in relation to the financial services industry
Experience interacting with and/or interpreting communications from the Federal Reserve Board (FRB), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and the Consumer Financial Protection Bureau (CFPB) is required
Experience in one or more substantive areas is preferred: federal and state consumer financial laws, Securities Exchange Act (SEC) laws and regulations, Commodity Futures Trading Commission (CFTC) regulations, Financial Industry Regulatory Authority (FINRA) regulations
Experience communicating with individuals at various levels of a large institution, including preparing communications for leadership
Knowledge of and experiencing advising on consumer banking financial laws is a plus
Experience advising clients on legal requirements of state and federal laws
Excellent analytical, decision-making and problem-solving skills
Excellent verbal and written communication skills
Advanced client management, diplomacy and people skills
Strong organizational and project management skills
A strong commitment to client service
The ability to work in a team environment
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.
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.
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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.