U.S. Bank U.S. Bank Wealth Management and Risk Attorney - St. Paul, MN in SAINT PAUL, Minnesota
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. We are committed to our purpose: we invest our hearts and minds to power human potential. Part of this commitment, and one of our core values, is the creation of 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.
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. They 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. And they contribute to the excellence of the Law Division through meaningful collaboration, participation in the community, and investment in the development of the department.
U.S. Bank is seeking an attorney to join the Law Division’s Wealth Management & Investment Services Legal Services group to support the company’s wealth management and investment services business lines. This attorney will provide legal support related to the regulation of fiduciary administration and investment management services provided by a national bank. The position offers candidates a career with exposure to a variety of legal issues, while working with various departments at U.S. Bank to serve as a trusted legal and business advisor. Specific responsibilities include:
• Interpret and assess the requirements of laws and regulations relevant to the wealth management business lines, including a broad array of state laws and regulations, OCC regulations, applicable IRS code/regulations, and SEC laws/regulations that impact trusts and investment management products and services.
• Advise on the administration of trust and investment management accounts and products, including assisting with the resolution of account-level and business line issues.
• Assist in the creation and implementation of documents, processes and procedures designed to address business objectives and legal requirements.
• Assist in the assessment of risk and regulatory matters that impact both wealth management and investment services business lines and participate in projects to manage risk and assist impacted business lines and Bank partners.
Position will be located in St. Paul, Minnesota, and will report to the Chief Counsel responsible for legal services to the bank’s personal trust and investment management businesses.
Successful candidates for a position in the U.S. Bank Law Division will 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.
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.
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.” 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.
Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
Eight to 10 years of experience as an attorney
-Legal experience advising businesses engaged in trust administration or investment/wealth management.
-Prior experience representing financial institutions’ wealth management businesses, corporate trustees or other related experience with banking and/or securities regulations is helpful.
-Working knowledge of trust and wealth management products and services.
-Comfort with and interest in working on a variety of legal matters.
-Excellent written, oral and interpersonal communication skills.
-Strong commitment to client service.
-Ability to lead and work in a team environment.
Primary Location: Minnesota-MN-Saint Paul
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 180009055
U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.