Senior Corporate Counsel – Prepaid Card Business
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Minneapolis • California • Minnesota • United States
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Salary
💰 $133,365 - $156,900 per year
Job Level
About the role
- Monitor, interpret, and apply prepaid- and payments‑specific consumer regulations, including Reg. E, CFPB prepaid account rules, UDAAP standards, and network operating regulations, to ensure compliant product features, disclosures, and customer communications.
- Draft, review, and enhance consumer‑facing materials for prepaid and payments products, translating complex regulatory and network requirements into clear, accurate, and accessible disclosures, marketing content, and customer education resources.
- Deliver legal counsel on the negotiation, drafting and review of contracts with U.S. Bank’s and FSV’s customers, vendors and partners
- Advise Prepaid relationship managers on contract interpretation, strategic options, product and process changes, and potential defaults and remediation paths
- Partner with outside legal counsel and other professional advisors to support new product development and technology driven advancements
- Interpret, apply and update Prepaid policies and procedures to ensure compliance, operational clarity, and alignment with business objectives.
Requirements
- Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
- Five years of experience at either a law firm or in-house corporate environment
- Deep knowledge of commercial contracts, financial services and the operating environment of financial institutions
- Prior experience in the payments or card product sectors, with knowledge of regulatory regime governing consumer cards and payment network operating rules is strongly preferred
- Interest in and ability to advise on emerging payment technologies and innovative product offerings
- Capacity to manage a diverse portfolio of legal matters with minimal supervision
- Demonstrated ability to exercise sound, independent legal judgment to recommend solutions that balance business objectives and risk-considerations
- Excellent written, oral and interpersonal communication skills
- Strong commitment to providing responsive, practical, and business-focused client service.
Benefits
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
contract negotiationcontract draftingregulatory complianceconsumer regulationspayments regulationsprepaid account rulesUDAAP standardslegal counselpolicy interpretationproduct development
Soft Skills
independent legal judgmentclient servicecommunication skillsstrategic advisingproblem-solvinginterpersonal skillsorganizational skillsadaptabilityattention to detailcollaboration
Certifications
licensed attorney