Closing Date: 12th August, 2026

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.

Job Description:
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 all expected from successful candidates.

The U.S. Bank Law Division is seeking an experienced attorney to join the Capital Markets Legal Team to support U.S. Bank's Commodities business within Global Capital Markets. The attorney will provide a critical function advising internal clients (sales and trading personnel) and relevant support personnel (operations, compliance, documentation, credit and other functions) in the development and daily support of the Commodities business. Such work will include the establishment of policies and procedures, new product and project support and the handling of day-to-day business line client needs.

The position offers candidates a career with exposure to a variety of legal issues and the opportunity to support and help build the foundation for a growing business unit, while collaborating with various departments and individuals at U.S. Bank. While being the main legal coverage for Commodities, the role sits within a group of collaborative, collegial and experienced legal professionals. Salary may be adjusted to be commensurate with experience and expertise.

Responsibilities:

Advise business units and other support partners regarding commodity derivatives, relevant swap dealer and banking regulations and related risks in a fast-growing, fast-paced environment.
Support non-derivative traded products including physically-settled commodity spot and forward transactions, leasing arrangements, financing, purchase and sale agreements, including regulatory, documentation and project-related legal work.
Actively participate in line of business projects, e.g. new and modified products, regulatory change.
Support structured transactions and funding deals, ABS work.
Draft swap dealer templates and deal documentation, advise and negotiate ISDA documentation, cover structured commodity transactions, vanilla and complex trade confirmations and related client agreements.
Support international and cross-border issues as applicable.
Actively participate in relevant market, legal and regulatory initiatives in order to serve as a strategic partner to business management.
Become familiar with relevant U.S. Bank policies and procedures, ranging from AML/KYC matters to bank regulatory matters such as the Volcker Rule.

Additional Responsibilities May Include

Review Agreements with Third-Party Providers of Technology, Clearinghouses, Exchanges, Storage Agreements and Other Services.
Review Debt and Loan Documentation and Related Documentation for Swap Terms.

Qualifications:

Law Degree from An Accredited Institution.
Licensed in Good Standing to Practice Law in At Least One Jurisdiction.

Preferred Skills/experience:

Ten to Fifteen (10-15+) Years of Material, Relevant Experience as An Attorney in A Law Firm And/or as In-House Counsel or Equivalent, Commodity Derivatives, Ideally in Precious Metals and Other Physical Markets, Ideally Including Interest Rate Swaps, Foreign Exchange And/or Credit Derivatives.
Significant Experience Supporting Cftc-Registered Swap Dealer(s) and Advanced Knowledge of Applicable Laws and Regulations Thereof.
Extensive Experience and Confidence Working with Derivatives Agreements and Ancillary Documentation.
Working Knowledge of Bank Regulatory Laws and Regulations.
Experience with Online Trading Platforms, Clearinghouses and Exchange-Traded Products.
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.
Ability to Handle Multiple Tasks and Projects and Pivot Coverage in Line with Shifting Business Priorities.

Location Requirements
This Role Requires Working from A U.S. Bank Location Three (3) or More Days per Week.

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.