Job Description
Senior Corporate Counsel – Capital Markets Senior Corporate Counsel – Capital Markets
3 weeks ago Be among the first 25 applicants
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 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.
The U.S. Bank Law Division is seeking an experienced attorney to join the Capital Markets Legal Team. We are looking for an individual who can work independently but collaboratively in a fast-paced and collegial team environment. This attorney will support the Global Capital Markets business line (including the Asset-Backed Securities Group, Debt Capital Markets Group, Structured Finance Group, and other business teams). This attorney will be responsible for a variety of transactions and related regulatory matters. Preferred candidates will have five to ten years of corporate finance experience, with demonstrated recent experience providing guidance in some or all of the following areas: asset-backed securities; synthetic risk transfer transactions; collateralized loan obligations; investment grade and high yield debt securities origination and secondary trading; leveraged finance; securitized lending; private placements; securities lending and repurchase. Ideal candidates will have some structured finance experience, including CLOs and CLO lending facilities. Given the Capital Markets Legal Team’s flexible culture, the role’s specific responsibilities and focus areas may be determined based on the candidate’s experience. The position offers candidates a career with exposure to a variety of securities and corporate finance related legal issues and the opportunity to support a growing business (both in terms of volume and product offerings), while working with various departments and individuals at U.S. Bank.
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. Meaningful collaboration and investment in the development of the Law Division are expected from successful candidates.
Responsibilities - Review and negotiate corporate bond offering documentation, including offering memoranda, underwriting agreements and supporting documentation
- Review and negotiate CLO-related and other structured finance deal documentation, including CLO indentures, credit agreements, offering circulars and supporting documentation
Draft, review and negotiate engagement letters, NDAs and legal opinions related to the transactions listed above
- Effectively communicate with external law firms, peer institutions, investors, vendors, and other third parties
- Advise business units and other support partners (Compliance, Risk Management, etc.) regarding securities laws and regulations, SEC/FINRA Rules and related risks
- Stay abreast of relevant market, legal and regulatory developments
- Assist in training business units regarding legal risks and regulatory changes, including advising on regulatory change projects relating to securities sales and trading
- Become familiar with relevant U.S. Bank policies and procedures, ranging from AML/KYC matters to onboarding foreign investors
- Work closely with business lines and support partners to ensure continuous compliance with laws, regulations and policies
Additional Responsibilities May Include - Advise on secondary market trading matters
- Review broker-dealer transactional agreements, including securities lending and repurchase agreements
- Review debt private placements engagement letters and related documentation
- Participate in trade group working groups on relevant matters
Location Expectations The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
Basic Qualifications - Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
Preferred Skills/Experience - At least 5 to 10 years of material, relevant experience as an attorney in a law firm and/or as in-house counsel supporting securities offerings and other financing transactions
- Experience supporting and providing meaningful legal guidance relating to debt capital markets and/or structured finance transactions, preferably including CLO/ABS structures and other structured finance transactions
- Advanced knowledge and experience with structured lending, securities, bank regulation, broker-dealer regulation, and other pertinent laws and regulations, including the 33 Act and 34 Act, US credit risk retention regulations, the EU/UK Securitization Regulation, the 40 Act, the Dodd-Frank Act (including the Volcker Rule), the Securities Act (including Reg AB and Reg AB II) and the Securities Exchange Act, and some familiarity with cross border issues and dealing in foreign jurisdictions
- Experience with broker-dealer transactional agreements, including securities lending and repurchase transactions
- Excellent analytical, decision-making and problem-solving skills
- Excellent written, verbal, and interpersonal communication skills
- Ability to collaborate confidently and effectively with a diverse range of stakeholders, including senior leaders
- Ability to assess risks and provide thoughtful advice in a fast-paced environment
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.
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.
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 Diversity, Equity, and Inclusion initiatives.
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 Immigratio
Job Tags
Full time, Temporary work, Work at office, Remote work, Flexible hours, 3 days per week,