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

U.S. Bancorp is seeking a senior paralegal to join its in-house legal team to support U.S. Bancorp Asset Management (USBAM), an investment adviser registered with the Securities and Exchange Commission. The Senior Paralegal performs a crucial role within the USBAM legal team. This position is responsible for coordinating and assisting with legal review or preparation of client, operational, investment-related and service provider agreements, organizational documents and regulatory filings for pooled investment vehicles and the adviser, and investment company board meeting materials. The position is also responsible for other corporate entity maintenance, including drafting of corporate resolutions, minutes and correspondence, performing various research projects, maintaining records, and responding to internal and external requests for information.

Essential Functions

- Provide an initial draft and/or review of agreements, regulatory filings and corporate records. Identify potential legal and regulatory considerations and consult with USBAM and other U.S. Bank attorneys, as appropriate. Assist in negotiating and managing comments received from all parties to completion of the agreement, filing or record.

- Assist the USBAM legal team with tracking progress on special projects and other ongoing legal team responsibilities. Provide periodic progress reports to team members, including upcoming deliverables.

- Maintain a strong understanding of investment company and investment adviser regulations and develop a comprehensive knowledge of USBAM’s internal compliance policies and procedures. Utilize this understanding to conduct an initial review of proposed and final regulations for attorney review.

- Efficiently navigate USBAM and U.S. Bank applications and databases to satisfy record retention requirements and provide easily accessible record retrieval. Work with team members to identify opportunities for workflow efficiencies using current and future tools, including the responsible use of artificial intelligence tools to support document review, summarization, and comparison.

- Contribute to fostering a positive and collaborative work environment that encourages collegiality and professional development among legal team members.

- Communicate and confer by video conferencing, phone and email with outside counsel and all levels of the USBAM organization and broader U.S. Bancorp enterprise. Working with USBAM attorneys, act in an advisory capacity to the business line and outside counsel.

Basic Qualifications
- Paralegal certification from an accredited program, or equivalent degree or experience

Preferred Skills/Experience
- Eight or more years of relevant experience within the financial services industry or in a law firm setting. Investment company and investment advisory experience is preferred but not required.

- Exceptional decision-making skills and judgment.

- Excellent organizational skills, with a genuine desire for organization and accuracy.

- Strong attention to detail, including completing processes and projects thoroughly, proofreading, and assembling materials with minimal errors.

- Work independently and take accountability for assigned responsibilities with little oversight.

- Be a team player, prioritize well, meet deadlines and handle multiple high-priority tasks concurrently.

- Excellent follow-through on projects with limited supervision and where input from a variety of parties is required.

- Be able to effectively communicate, both verbally and in writing, with all levels of the organization, investment company boards of trustees and outside counsel.

- Familiarity with basic concepts of the regulatory structure governing investment companies and investment advisers, and knowledge of corporate legal entity structure is a plus.

Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.

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:

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

Review our full benefits available by employment status here.

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 Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $34.57 - $46.11

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

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