Senior Corporate Counsel – Capital Markets

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