U.S. Bank · 23 hours ago
Lead AI Counsel
Washington, DC
Full-time
Hybrid
Lead/Staff
$194K/yr - $228K/yr
10+ years expU.S. Bank is seeking an experienced attorney to join their Operations, Technology and Regulatory Team as the Lead AI Counsel. This role focuses on providing legal and regulatory leadership for AI initiatives, ensuring compliance with financial services laws and standards while partnering with various teams across the organization.
LendingFinanceBankingProperty & Casualty InsuranceFinancial ServicesInsuranceMortgageWealth Management
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
Qualification
Required
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
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
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
At U.S.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$991MKey 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
John C Stern
CFO
C
Chris Lenhart
Executive Vice President & Deputy General Counsel
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