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.
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.
This position is part of a team responsible for legal issues affecting the Global Corporate Trust and Custody (“GCTC”) division of U.S. Bank National Association (“U.S. Bank”). U.S. Bank is one of the premier corporate trustees in the nation. The GCTC business line services clients in a wide variety of capacities, including acting as trustee for public finance, structured finance, CLO/CDO and corporate finance transactions. GCTC also acts in a variety of other capacities including custodian, transfer agent, paying agent, collateral document custodian, administrative agent and escrow agent.
Duties for this position will focus on providing advice and support with respect to administration of structured finance accounts including securitizations and CLO/CDOs, managing pre-litigation matters, and providing litigation management support. The position entails the ability to read and understand complex structured finance documents including indentures and pooling and servicing agreements. The position is also responsible for handling engagement of trustee’s counsel, advising on business line practices and procedures, participating in business line meetings, assisting with early identification of matters of possible media interest, handling conflict waivers, and preparing periodic status reports. The position will regularly interact with others in the bank’s legal department. Responsibilities also include interpreting state and federal laws and regulations issued by agencies such as the OCC and SEC.
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.