Commercial Equipment Finance Attorney jobs in United States
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U.S. Bank · 1 day ago

Commercial Equipment Finance Attorney

U.S. Bank is a leading financial institution seeking a Commercial Equipment Finance Attorney to join their Equipment Finance Legal Team. The attorney will provide legal support on various issues related to commercial equipment leases, loans, and software financing, while serving as a trusted advisor within the organization.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Providing legal counsel to loss mitigation, recovery specialists and the EF business line in interpreting contract language, considering strategic alternatives, and advising on workout and recourse 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, including those involved in bankruptcy proceedings
Creating and maintaining standard commercial lease and loan workout documents
Preparing and negotiating 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
Identify and assist with regulatory compliance requirements and management of legal and operational risk
Working with EF's team of quality assurance and risk review specialists to resolve customer complaints
Providing counsel to EF on perfection, collateralization and other legal issues covered by Articles 2A and 9 of the Uniform Commercial Code
Preparing general advice memoranda, training materials and other legal resources for use by EF personnel; and
Interpretation, application, review and revision of various EF, Law Division and U.S. Bank policies and procedures

Qualification

Licensed attorneyCommercial equipment financeRegulatory complianceAnalytical skillsClient serviceOrganizational skillsCommunication skills

Required

Licensed by and in good standing with the appropriate state bar association or other appropriate state attorney licensing authority

Preferred

Relevant law firm or in-house experience, with a preference for at least five years' experience supporting commercial equipment lease and loan collections, workout, and dispute resolution functions for a bank-owned, captive or independent equipment finance company
Thorough and current knowledge of laws and regulations impacting the subject matter and/or business line supported by the attorney
Strong analytical, organizational and communication skills
Strong commitment to 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

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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Daniel Crozier
Senior Vice President Operations
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Company data provided by crunchbase