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
U.S. Bank is seeking a senior attorney to lead legal support for U.S. Bancorp Impact Finance (IF), aligning resources and competencies to optimize efficiency and support business growth. This role combines deep legal expertise with strategic leadership to enhance how we deliver legal services across IF's key product areas: Affordable Housing, Community Finance Solutions, Environmental Finance, and Tax Credit Syndications. The successful candidate will have significant subject-matter expertise in community development and tax-credit investments and syndications, serve as a trusted advisor to IF leadership, manage outside counsel engagement on transactions and litigation, negotiate and oversee complex transactions, advise on workout and foreclosure issues as necessary, and collaborate to deliver compliant, pragmatic, and business-ready guidance.
Basic Qualifications
- Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority.
Preferred Skills and Experience
- 12+ years of in-house, financial services institution, government or law firm experience in structuring tax-credit investments and/or experience as a project finance or structured finance attorney.
- Experience documenting and negotiating tax-credit investments, structured finance, or other commercial transactions, including commercial loan and tax-credit documentation.
- Demonstrated experience with state and federal tax-credit laws and regulations and commercial lending laws.
- Knowledge of regulatory environment applicable to community development or sustainable finance activities of financial institutions.
- Advise on legal and regulatory issues impacting affordable housing, community finance, environmental finance, and tax-credit syndications.
- Proven ability to manage outside counsel and legal budgets effectively.
- Well-developed leadership abilities and management experience.
- Strategic thinker with experience in process improvement and excellent communication skills.
- Ability to translate complex legal concepts into actionable business guidance across a diverse portfolio of investments and loans.
- Ability to influence and build relationships across business and legal teams as well as external industry groups.
- Diligent, detail-oriented, proactive and team-oriented with the desire to work on a broad variety of subject matters.
- Ability to work with minimal supervision and exercise independent judgment and discretion.
- Interest and curiosity with respect to the Bank's business and operations.
- Experience developing new products and services in a highly-regulated environment.
Location Expectations
This role requires working from a U.S. Bank location three (3) or more days per week.
Core Values
- We do the right thing.
- We power potential.
- We stay a step ahead.
- We draw strength from diversity.
- We put people first.
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 and ethical leadership. 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. In addition, the Law Division has been recognized for its leadership and engagement in inclusion initiatives.
Benefits
- 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.
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. Learn more about the E-Verify program.
Pay Range: $170,255.00 - $200,300.00. 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).
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.
