Assistant General Counsel - Structured Products
Elavon
Legal
Minneapolis, MN, USA
Posted on May 24, 2026
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
The U.S. Bank Law Division is seeking an experienced attorney to join the Public Company and Securities 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 Fixed Income Markets Funding team and will be the primary attorney responsible for the structured products program.
Preferred candidates will have at least six to ten years of capital markets experience, with demonstrated recent experience providing guidance on structured product transactions, including structured and equity-linked notes and certificates of deposits (linked to reference assets such as stocks, ETFs and indices), negotiating master selected dealer agreements (MSDAs), distribution agreements and electronic platform agreements, and advising on know-your-distributor (KYD) and new product processes and policies. Given the Public Company and Securities 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 the opportunity to support a new and 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
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
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:
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: $170,255.00 - $200,300.00
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.
Job Description
The U.S. Bank Law Division is seeking an experienced attorney to join the Public Company and Securities 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 Fixed Income Markets Funding team and will be the primary attorney responsible for the structured products program.
Preferred candidates will have at least six to ten years of capital markets experience, with demonstrated recent experience providing guidance on structured product transactions, including structured and equity-linked notes and certificates of deposits (linked to reference assets such as stocks, ETFs and indices), negotiating master selected dealer agreements (MSDAs), distribution agreements and electronic platform agreements, and advising on know-your-distributor (KYD) and new product processes and policies. Given the Public Company and Securities 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 the opportunity to support a new and 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
- Provide expert legal guidance and support to the fixed income markets funding team, specifically in the area of the offering, sale and distribution of structured products
- Draft, review, and negotiate legal documents related to structured products transactions, including contracts, agreements, policies and disclosures.
- Identify and assess potential legal risks and provide strategic advice to mitigate or resolve issues.
- Serve as a senior member of the legal team, utilizing extensive knowledge and experience to advise on complex structured products transactions, including establishing new and novel product templates and structures.
- Effectively communicate with external law firms, peer institutions, 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 structured product market, legal and regulatory developments.
- Assist in training business units regarding legal risks and regulatory changes, including advising on regulatory change projects relating to structured product offerings.
- Become familiar with relevant U.S. Bank policies and procedures, including AML, KYD and other onboarding procedures.
- Work closely with business lines and support partners to ensure continuous compliance with laws, regulations and policies.
- Advise on debt capital market transactions, including unregistered transactions, and secondary trading matters.
- Advise on hedging transactions related to structured product offerings.
- Participate in trade group working groups on relevant matters
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.
- At least 6 to 10 years of material, relevant experience as an attorney in a law firm and/or as in-house counsel supporting structured products transactions.
- Experience supporting and providing legal guidance relating to debt capital markets and/or structured finance transactions.
- Advanced knowledge and experience with securities, broker-dealer regulation, and other pertinent laws and regulations, including the 33 Act and 34 Act, the 40 Act, the Dodd-Frank Act (including the Volcker Rule), and some familiarity with cross border issues and dealing in foreign jurisdictions.
- 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.
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
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: $170,255.00 - $200,300.00
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.