U.S. Bank Job - 31355584 | CareerArc
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Company: U.S. Bank
Location: Minneapolis, MN
Career Level: Director
Industries: Banking, Insurance, Financial Services


Enhanced Money Movement Attorney

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. Successful candidates for positions in the Law Division also 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. They contribute to the excellence of the Law Division through meaningful collaboration, participation in the community, and investment in the development of the department.

The U.S. Bank Law Division is seeking an experienced attorney to provide legal counsel on emerging payments and money movement in the financial services industry. As a member of our Digital Channels Legal Group, you will work directly with internal business line partners to provide legal support on our enhanced money movement initiatives (Zelle®, RTP®, bill pay, mobile check deposit, etc.). This unique role will put you in the center of digital transformation at U.S. Bank as you provide the legal support for daily operations in the digital banking space.

Responsibilities include:

•Provide legal support for enhanced money movement platforms such as Zelle®, RTP®, online/mobile bill pay, and mobile check deposit.

•Participate in industry working groups related to enhanced money movement.

•Draft end user terms and conditions related to enhanced money movement.

•Provide legal counsel related to the development of digital products and services for consumer and commercial banking customers.

•Liaising with outside counsel as directed by the senior legal team.


Basic Qualifications:
•Law degree.
•Licensed by, and in good standing with, the appropriate state bar association or other appropriate state attorney licensing authority.


•Three plus years of experience with the legal and regulatory aspects of enhanced money movement.
•Understanding of the operational and technical aspects associated with enhanced money movement.
•Ability to work with minimal supervision and exercise independent judgment and discretion.
•Ability to assess risks and provide thoughtful advice in a fast-paced environment.
•Excellent written, oral and interpersonal communication skills.
•Strong commitment to client service.

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.” 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.

We are proud that in 2019 U.S. Bank was recognized as a “World's Most Ethical Company®” by the Ethisphere Institute for a 5th year, named as one of Fortune World's “Most Admired Companies,” and was on DiversityInc's “Top 50 Companies for Diversity” list. The U.S. Bank Law Division was also recognized in 2019 as one of Corporate Counsel's “Best Legal Departments,” and as the “Best North American Legal Department in Financial Services & Insurance” by the International Legal Alliance Summit & Awards.

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