1940 Act Attorney

at  US 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

The Regulatory Administration group supports fund clients through preparation of registered investment company regulatory filings, fund governance documents, and oversight materials in support of the fund’s legal counsel. Responsible for drafting, reviewing and preparing fund registration statements to be filed with the U.S. Securities and Exchange Commission (SEC), including new fund registrations and annual updates. Drafs, reviews and prepares, supplements, exchange listing applications, exemptive relief applications proxy statements and related filings to be filed with the SEC. Communicates with the SEC and other regulatory agencies and self-regulatory organizations (e.g., New York Stock Exchange) on behalf of fund clients. Prepares agendas, resolutions, agreements, policies and procedures and other materials for investment company board meetings and preparing related minutes. Serves as a resource on regulations and industry developments for fund clients in support of legal counsel and as a resource for internal related business lines with regard to matters concerning regulation of investment companies and industry developments

Basic Qualifications

• Law Degree
• Licensed to practice in the applicable jurisdiction
• Two to four or more years of related experience

Preferred Skills/Experience

• Legal experience in the investment management practice of a law firm, fund complex or fund servicing organization dealing with the Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, and related rules, regulations, guidance and practices
• Current knowledge of investment company regulations
• Strong verbal and written communication skills with strong attention to detail
• Strong research skills
• Ability to manage multiple tasks simultaneously in a deadline driven environment as well as contribute to department and organizational special projects
• Ability to work well independently and as a member of a team, which includes the ability to be flexible and adaptable
• Strong proficiency in computer skills, specifically including document preparation and review in Word or similar applications; strong knowledge of Excel, Outlook and Teams

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.
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.

• 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 la