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Senior Regulatory Attorney
2 months ago
U.S. Bank is seeking an experienced attorney to join the Legal Regulatory Group (LRG) to support the enterprise Finance group as well as the Bank's business lines. The attorney will provide regulatory legal advice to senior management on new products and services, rulemakings, strategic business and regulatory initiatives, and supervisory matters.
Key Responsibilities:- Regulatory Advice: Partner with stakeholders, including 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.
- Complex Regulatory Areas: Provide legal advice to the Finance group on a number of complex, prudential regulatory areas such as liquidity, capital, and stress testing regulations, enhanced prudential standards, deposits and deposit insurance, recovery and resolution planning, as well as bank and financial holding company activities.
- Advocacy Initiatives: Identify, recommend, and engage in advocacy initiatives that consistent with our core values, draft comment letters, and participate in meetings with regulators and trade groups to advance U.S. Bank's positions.
- Regulatory Reporting and Compliance: Provide legal support and guidance on enterprise-wide regulatory reporting and compliance projects.
- Regulatory Issuances: Review and analyze regulatory issuances and provide legal advice and support to the regulatory change management process.
- Cross-Functional Collaboration: 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.
- Qualifications: Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority.
- Preferred Skills: 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. Eight or more years of experience as an attorney in a regulatory agency, law firm supporting financial institutions, or in-house experience at a financial institution.
- Healthcare: Medical, dental, vision
- Life Insurance: Basic term and optional term life insurance
- Disability: Short-term and long-term disability
- Pregnancy Disability and Parental Leave: Available
- Retirement Plan: 401(k) and employer-funded retirement plan
- Vacation and Holidays: Paid vacation (from two to five weeks depending on salary grade and tenure) and up to 11 paid holiday opportunities
- Adoption Assistance: Available
- Sick and Safe Leave: Accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law.
