Job Details

Assistant General Counsel - Bank Regulatory Attorney

Company name

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Mar 29, 2021

Valid Through

Jul 12, 2021

Posted on

Dec 21, 2020

Years of Experience

Min 5 yrs required

Location

Minneapolis, MN, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Finance >> Finance - Banking
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Profile

Assistant General Counsel - Bank Regulatory Attorney
Responsibilities: Partnering with other members of the Legal Regulatory Group, the Law Division, Risk Management and Compliance, Audit, Finance, and Government Relations when providing legal subject matter coverage and legal advice for regulatory matters, rulemakings, and supervisory interactions. Providing legal advice to the Finance group on a number of complex, prudential regulatory areas such as recovery and resolution planning, including QFC recordkeeping, enhanced prudential standards, OCC regulations and guidance on bank activities, deposits and deposit insurance, capital, liquidity, and stress testing regulations; as well as regulatory reporting requirements. Identify, recommend, and engage in advocacy initiatives that consistent with our core values, draft comment letters, and participate in meetings with regulators to advance U.S. Bank’s positions. Provide legal support and guidance on enterprise-wide regulatory reporting and compliance projects. Review and analyze regulatory issuances and provide legal advice and support to the regulatory change management process. Collaborate with a wide range of U.S. Bank personnel from the business lines as well as the operations, risk and compliance, treasury, and legal functions in the preparation of regulatory applications as well as drafting and reviewing internal policies and procedures.

Qualification and Experience

Qualifications: Law degree. Licensed in good standing to practice law in at least one jurisdiction. 5+ years of experience as an attorney in a regulatory agency, law firm supporting financial institutions, or in-house experience at a financial institution. Demonstrated experience with bank regulatory law including the Dodd-Frank Act, Federal Deposit Insurance Act, Bank Holding Company Act, and the National Bank Act, and their attendant regulations. PREFERRED: Ability to collaborate confidently and effectively with a diverse range of stakeholders. Ability to work across business lines at senior levels to influence and effect change to achieve common goals. Ability to assess risks and provide thoughtful advice in a fast-paced environment. Ability to work with minimal supervision and exercise independent judgment and discretion. Strong written, verbal, and interpersonal communication skills. Strong commitment to client service.

Company info

Hiring Coordinator
US Bank.
800 Nicollet Mall
Minneapolis, MN 55402

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