Lead AI Counsel
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 U.S. Bank Law Division is seeking an experienced attorney to join our Operations, Technology and Regulatory Team to act as Lead AI counsel supporting the AI Center of Excellence on enterprise AI efforts. This unique role will put you at the center of U.S. Bank’s AI initiatives, with a focus on advising and empowering our AI Center of Excellence and our enterprise AI efforts.
This role provides legal and regulatory leadership for the development, deployment, and oversight of AI systems across the enterprise, ensuring compliance, ethical use, and alignment with financial services laws and standards. The role will partner closely with other Law Division subject matter experts, technology teams, risk functions, and product owners. This position rewards a curious, collaborative, and entrepreneurial person who is eager to dive in, get to know U.S. Bank’s business and technology, and then identify and solve problems.
Primary Responsibilities
- Interpret and advise on emerging AI-related laws, regulations, and guidance (e.g., banking regulations, consumer protection, data privacy, algorithmic accountability, AI safety requirements).
- Monitor global regulatory developments related to AI and machine learning and assess impact on enterprise strategy and operations.
- Partner with risk and technology teams to advise on legal risks associated with training data, model transparency, bias mitigation, and system outputs.
- Provide practical legal guidance in the design and deployment of generative AI and automated decisioning systems.
- Provide assistance to the Procurement team with review and negotiating contracts with AI vendors, cloud providers, and data licensors.
- Educate Law Division and business leaders on AI-related legal risks and opportunities.
- Work with Legal Operations to develop strategy for Law Division’s use of AI.
Basic Qualifications
- Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority.
- 10+ years of legal experience, with significant experience in financial services, technology, or regulatory counseling.
- Expertise in AI/ML technology issues, privacy law, and data governance.
- Demonstrated ability to lead complex, cross-functional initiatives in highly regulated environments.
- Exceptional communication skills with the ability to convey technical concepts to non-technical stakeholders.
Preferred Skills/Experience
- Experience advising on generative AI, large language models, and advanced analytics.
- Experience working in-house at a major bank, fintech, payments company, or regulatory agency.
- Familiarity with global AI frameworks (e.g., EU AI Act, UK AI regulations, emerging U.S. federal and state AI legislation).
- Technical fluency or advanced comfort with data science concepts.
- Prior leadership of a legal team focused on technology or AI governance.
Location Expectations
The role offers a hybrid schedule with an in-office expectation of 3 or more days per week at a U.S. Bank hub and the flexibility to work outside the office location for the other days. May require occasional business travel to meet with clients in other locations.
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:
- 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
Review our full benefits available by employment status here.
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: $194,225.00 - $228,500.00
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). 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.
