Chief Financial Risk Officer

U.S. Bank • Minneapolis, MN

9d

About The Position

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 Chief Financial Risk Leader is a senior executive responsible for leading the second line oversight of financial risk disciplines across U.S. Bank. Responsible for the identification, assessment, and mitigation of financial risks across the organization. Reporting directly to the Chief Risk Officer, this role provides strategic and operational leadership for market risk, interest rate risk, liquidity risk and capital management. The leader collaborates with senior executives to align risk strategies with business objectives and regulatory expectations.

Requirements

• Deep expertise in market risk, interest rate risk, liquidity risk, and capital planning.
• Strong understanding of regulatory frameworks.
• Proven leadership in managing cross-functional teams and enterprise-wide risk programs.
• Excellent communication, analytical, and strategic planning skills.
• Strong leadership abilities and strategic management skills.
• Strong analytical, decision-making, and problem-solving skills.
• Considerable tact, diplomacy, and interpersonal skills.
• High ethical standards and sound judgement.
• Incumbent has a bachelor’s degree in finance, Economics, Risk management, or related field.
• 15+ years of experience in financial risk management within a large financial institution or GSIB

Nice To Haves

• Master’s degree preferred.

Responsibilities

• Develop and implement financial risk management strategies aligned with corporate strategies.
• Lead the identification, measurement, and management of market risk exposures across trading and investment portfolios.
• Oversee interest risk strategies, including asset-liability management and earnings-at-risk modeling.
• Ensure robust liquidity risk frameworks and capital adequacy planning, including stress testing and contingency funding strategies.
• Manage governance processes, committee engagement, and executive -level reporting for financial risk disciplines.
• Lead regulatory interactions and ensure compliance with financial risk-related requirements.
• Drive strategic initiatives, integrate financial risk programs across business lines, and ensure consistency in methodologies and controls
• Advise executive leadership on emerging financial risks and mitigation strategies.
• Monitor and analyze financial exposures across business units and enterprise wide.
• Implement financial risk tools and systems for real-time monitoring and reporting.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees