Paralegal

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

This position within Regulatory Support Services (RSS) will primarily support the Global Fund Services’ Contracts Team. The primary job responsibilities will include:

• Drafting an array of servicing agreements for registered mutual funds, private funds, exchange-traded funds, closed end funds and custody clients

• Managing processes connected to contracting, including obtaining signatures to execute final servicing agreements, storing executed agreements on the contracts database, termination workflow and operational contact processes

• Working closely with internal groups such as corporate legal, onboarding, sales and relationship management teams

• Assisting with implementation of new contracts system and tasks related to organizing contracts and tagging metadata

• Assisting with compliance matters related to the rapidly changing regulatory environment in the US, Cayman and EU

• Managing and tracking contract deadlines to ensure contracts are drafted in a timely manner for clients

• Supporting selected firm-wide compliance initiatives and assisting as needed

• Seeking improvement opportunities and efficiencies in team processes

• Other duties as assigned

Basic Qualifications

• Paralegal certification from an accredited program, or equivalent degree or experience

Preferred Skills/Experience

• Undergraduate degree in business related field or extensive experience with contract drafting and negotiating

• Prefer a minimum of one-year experience in the mutual fund, private fund or fund services industry, or one-year experience in drafting and negotiating contracts

• Excellent interpersonal, verbal and written communication skills with an ability to interact collaboratively across U.S. Bank

• Highly motivated, enthusiastic, proactive, and strong critical thinking skills

• Ability to organize, track and stay on task with numerous contracts being negotiated simultaneously

• Ability to work independently and manage multiple tasks while having a team-oriented approach and willingness to embrace a variety of matters

• Excellent computer skills, especially Microsoft Office applications

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.

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.

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