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 Documentation Unit Senior Negotiator will be responsible for drafting, analyzing, negotiating and executing master agreements (ISDA, CSA, Master Repurchase Agreements and other forms of standard and non-standard trading agreements) with counterparties for trading products such as derivatives, foreign exchange and fixed income products including repo and securities lending, in addition to certain onboarding documentation required by Dodd Frank with a wide variety of counterparty types, including but not limited to corporate entities, impact finance entities (affordable housing and solar projects), banks, commercial real estate SPVs, and counterparties engaging in Risk Participation Agreements. The Senior Negotiator should be a subject matter expert in documentation relating to derivatives trading and will assume a visible leadership role on the team, including but not limited to supervising and mentoring junior negotiators on the team, performing training for sales and credit team members, and interpreting and structuring hedging language contained in loan agreements. The Senior Negotiator will complete documentation that allows the Bank to be adequately protected against legal, risk, and other operational perspectives in all of its trading documents between the firm and its counterparties, by (a) liaising with business lines, operations, legal, treasury, credit, compliance, client services on various documentation issues, (b) interacting with counterparties on a regular basis to educate, negotiate and execute necessary documents to allow for derivatives trading and (c) working with internal counsel to resolve more complex issues. The candidate will understand the impact of core regulations on the derivatives and other trading markets such as Dodd Frank, Basel III netting requirements, Variation- and Initial-Margin and other applicable regulations on the business area and ensure that agreements meet such regulatory requirements. The Senior Negotiator will be required to provide accurate, real-time updates to all business partners and will assist in the design, structure and buildout of the Documentation Unit, giving recommendations as to process, technology projects, and management and regulatory reporting requirements.

Basic Qualifications
- Bachelor's or advanced degree, or equivalent work experience
- Typically more than 12 years of applicable experience

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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: $159,970.00 - $188,200.00

U.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.

Posting may be closed earlier due to high volume of applicants.