Senior Corporate Counsel
U.S. Bank
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.
Job Description
The U.S. Bank Law Division is seeking an attorney to support U.S. Bank’s Corporate Payment Systems (CPS) business line. This attorney will provide legal support related to U.S. Bank’s various corporate charge card programs, including its travel and expense card and purchasing card programs, its fleet card network, its freight payment solutions and its TravelBank products. The position offers candidates a career with exposure to a variety of legal issues, while working with various departments and individuals at U.S. Bank to serve as a trusted legal and business advisor.
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. Successful candidates for positions in the Law Division also 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. They contribute to the excellence of the Law Division through meaningful collaboration, participation in the community, and investment in the development of the department.
Primary Responsibilities:
Providing legal counsel in connection with the negotiation and drafting of contracts with U.S. Bank’s customers, vendors and partners in the charge card arena
Providing legal counsel to the CPS relationship managers in matters such as interpreting contract language, considering strategic alternatives, and advising on possible defaults and remedial options
Working with risk, compliance, finance, credit, technology and other teams to address legal developments and Payment Network changes impacting CPS
Working with outside legal counsel and other professional advisors regarding new product initiatives, mergers and acquisitions, joint ventures and technology driven advancements
Interpretation, application and revision of various CPS policies and procedures
Interacting with the CPS contract negotiation team and the Proposals team
Skills and Preferred Qualifications:
Law degree
Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
5+ years of legal experience at either a law firm or in-house corporate environment
In-depth knowledge of commercial contracts, financial services and the operating environment of financial institutions preferred
Prior experience in the payments or card product sectors is preferred
Comfort with and interest in working on a variety of legal matters relating to cutting edge payment technologies
Ability to work on a diverse mix of matters with minimal supervision
Ability to timely exercise independent legal judgment and discretion to reach an appropriate business and risk-oriented outcome
Excellent written, oral and interpersonal communication skills
Strong commitment to client service
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.
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. In addition, the Law Division has been recognized for its leadership and engagement in Diversity, Equity, and Inclusion initiatives.
Successful candidates for a position in the U.S. Bank Law Division 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
The individual in this hybrid position (3+ days in-office) will need to be based out of one of U.S. Bank’s legal hub offices: Minneapolis, Minnesota; New York, New York; Atlanta, Georgia; Washington D.C.; Los Angeles, CA or Charlotte, North Carolina. The position will report to the Associate General Counsel who serves as the team lead for the CPS legal team.
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.
Benefits:
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
Adoption assistance
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 EEO 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.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00 - $172,590.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.