U.S. Bank is seeking an experienced attorney to join the Equipment Finance Legal Team to support U.S. Bank’s Commercial Equipment Finance (EF) business line. This attorney will provide legal support related to the administration of troubled or defaulted commercial equipment leases, loans and software financing products originated by EF or third party financing sources such as equipment vendors, technology licensors and other financial institutions, resolution of complaints and disputed matters, and transactional support for asset management issues. The position offers candidates a career with exposure to a variety of legal issues, while working with various departments and individuals at U.S. Bank throughout the United States to serve as a trusted legal and business advisor. Ideal candidates will have at least five years law firm or in-house experience supporting commercial equipment lease and loan collections, workout, and dispute resolution functions for a bank-owned, captive or independent equipment finance company.
Providing legal counsel to loss mitigation and recovery specialists in interpreting contract language, considering strategic alternatives, and advising on workout options;
Working with loss mitigation and recovery specialists as they interact with outside legal counsel, appraisers, and other professional advisors regarding troubled or defaulted commercial equipment leases and loans;
Preparing and revising standard commercial lease and loan workout documents;
Preparing and revising settlement agreements for matters which are not in litigation;
Consulting with outside counsel conducting litigation on behalf of EF to enforce commercial equipment leases and loans;
Assisting the EF business line in responding to legal discovery requests, garnishment orders and other subpoenas;
Working with asset management specialists to develop programs and documentation to remarket returned and recovered assets;
Working with EF’s team of quality assurance and risk review specialists to resolve customer complaints; and
Interpretation, application, review and revision of various EF, Law Division and U.S. Bank policies and procedures
The position may be located in Marshall or Minneapolis, Minnesota, Portland, Oregon or Charlotte, North Carolina and will report to the Associate General Counsel who heads up the EF Legal team. Other locations may be considered for highly qualified candidates.
To apply: https://usbank.taleo.net/careersection/10000/jobdetail.ftl?lang=en&job=190017849
An equal opportunity employer/disability/veteran
Law degree; and
Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority
Five years law firm or in-house experience supporting commercial equipment lease and loan collections, workout, and dispute resolution functions for a bank-owned, captive or independent equipment finance company;
Thorough knowledge of laws and regulations impacting the subject matter and/or business line supported;
Strong public speaking skills; and
Excellent writing and communication skills
About U.S. Bank Equipment Finance, a division of U.S. Bank National Association
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. We are committed to our purpose: we invest our hearts and minds to power human potential. Part of this commitment, and one of our core values, is the creation of a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status.
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, participation in the community, and investment in the development of the Law Division are all expected from candidates.
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