Assistant General Counsel: Impact Finance - Tax Credit Syndications

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. Successful candidates 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.

U.S. Bank is seeking an attorney to provide legal support for U.S. Bancorp Impact Finance (IF). This role will assist with legal support to IF’s key product areas – Affordable Housing, Community Finance Solutions, Environmental Finance, and Tax Credit Syndications – with a focus on federal and state tax credit syndications. The successful candidate will have a strong and relevant transactional background, including negotiation and counseling experience, and a commitment to building strong relationships to deliver compliant and pragmatic guidance.

Basic Qualifications

• Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority

Preferred Skills/Experience

• At least 5-8 years of in-house, government or law firm experience structuring tax credit investments utilizing historic rehabilitation tax credits (HTCs), low income housing tax credits (LIHTCs), new markets tax credits (NMTCs) and/or various state tax credit programs
• Experience documenting and negotiating tax credit investments, including upper tier tax credit syndications and tax credit clearinghouse documentation
• Demonstrated experience with, or potential to gain thorough and current knowledge of, state and federal tax credit laws and regulations
• Knowledge of, or potential to gain thorough and current knowledge of, regulatory environment applicable to community development finance activities of financial institutions
• Problem solver with a demonstrated commitment to client service and strength in working collaboratively
• Excellent communication skills and strategic thinker with ability to support process improvement
• Ability to translate complex legal concepts into actionable business guidance
• Diligent, detail‑oriented, and proactive, with a desire to learn new skills and keep abreast of industry and regulatory developments
• Interest and curiosity with respect to the Bank’s business and operations
• Experience developing new products and services in a highly regulated environment

Location Expectations

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

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

Pay Range: $170,255.00 - $200,300.00

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.

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). 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.

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.