What are the responsibilities and job description for the Paralegal position at U.S. Bank National Association?
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
This position within Regulatory Support Services (RSS) will primarily support the Global Fund Services’ Contracts Team. The primary job responsibilities will include:
- Drafting an array of servicing agreements for registered mutual funds, private funds, exchange-traded funds, closed end funds and custody clients
- Managing processes connected to contracting, including obtaining signatures to execute final servicing agreements, storing executed agreements on the contracts database, termination workflow and operational contact processes
- Working closely with internal groups such as corporate legal, onboarding, sales and relationship management teams
- Assisting with implementation of new contracts system and tasks related to organizing contracts and tagging metadata
- Assisting with compliance matters related to the rapidly changing regulatory environment in the US, Cayman and EU
- Managing and tracking contract deadlines to ensure contracts are drafted in a timely manner for clients
- Supporting selected firm-wide compliance initiatives and assisting as needed
- Seeking improvement opportunities and efficiencies in team processes
- Other duties as assigned
- Paralegal certification from an accredited program, or equivalent degree or experience
- Undergraduate degree in business related field or extensive experience with contract drafting and negotiating
- Paralegal certificate or comparable experience preferred though not required
- Prefer a minimum of one-year experience in the mutual fund, private fund or fund services industry, or one-year experience in drafting and negotiating contracts
- Excellent interpersonal, verbal and written communication skills with an ability to interact collaboratively across U.S. Bank
- Highly motivated, enthusiastic, proactive, and strong critical thinking skills
- Ability to organize, track and stay on task with numerous contracts being negotiated simultaneously
- Ability to work independently and manage multiple tasks while having a team-oriented approach and willingness to embrace a variety of matters
- Excellent computer skills, especially Microsoft Office applications
- We do the right thing.
- We power potential.
- We stay a step ahead.
- We draw strength from diversity.
- We put people first.
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 (some may vary based on role, location or hours):
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: $28.27 - $37.69 - $41.46U.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.
Salary : $28 - $38
