Director of Balance Sheet & Capital Management

U.S. Bank National Association • New York, NY

4d

About The Position

The Director of Balance Sheet & Capital Management will serve as a senior strategic partner to U.S. Bank’s broker-dealer, responsible for optimizing balance sheet usage, regulatory capital efficiency, and liquidity deployment across trading, financing, and client-facing businesses. This role sits at the intersection of Capital Markets, Finance, Risk, Treasury, and Front Office, providing leadership on capital allocation, leverage optimization, and regulatory balance sheet strategy.
The individual will help drive disciplined growth by ensuring that capital is deployed to its highest-return use while remaining compliant with regulatory constraints, internal risk appetite, and liquidity requirements.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or a related field (MBA or CFA preferred).
• 10+ years of experience in capital markets finance, balance sheet management, treasury, or risk, preferably within a broker-dealer environment.
• Strong understanding of regulatory capital frameworks, leverage metrics, and liquidity concepts.
• Proven experience partnering with front office trading and sales teams.
• Strong analytical skills with the ability to synthesize complex information into executive-level insights.
• Excellent communication skills with the ability to influence senior stakeholders.

Nice To Haves

• Direct experience supporting a U.S. broker-dealer.
• Hands-on exposure to repo, securities financing, derivatives, or prime brokerage.
• Experience with capital optimization initiatives or balance sheet re-engineering.
• Familiarity with regulatory reporting (e.g., net capital, liquidity reporting, stress testing).

Responsibilities

• Balance Sheet Strategy & Optimization
• Lead balance sheet strategy for the broker-dealer, including asset/liability optimization, leverage utilization, and funding efficiency.
• Partner with trading desks, financing businesses, and sales leadership to evaluate balance sheet consumption and return on capital.
• Develop frameworks to measure and optimize RWA, leverage exposure, and capital usage across products and clients.
• Support strategic initiatives such as balance sheet re-allocation, client pricing adjustments, and product design to improve capital efficiency.
• Capital Management & Regulatory Support
• Oversee capital planning activities for the broker-dealer, including stress testing, capital forecasting, and regulatory submissions.
• Act as a subject-matter expert on regulatory capital rules (e.g., Basel III, SLR, net capital, liquidity requirements).
• Partner with Market Risk, Credit Risk, and Treasury to assess capital impacts of new products, client structures, and market events.
• Support internal governance forums, capital committees, and senior management discussions related to balance sheet and capital decisions.
• Front Office & Business Partnership
• Serve as a trusted advisor to front-office leaders, providing transparency into capital costs, balance sheet constraints, and trade economics.
• Translate regulatory and financial metrics into actionable insights for trading and sales teams.
• Support deal structuring, client onboarding, and financing transactions with a focus on capital efficiency and profitability.
• Analytics, Reporting & Insights
• Develop and maintain reporting on balance sheet usage, capital consumption, ROE, and liquidity metrics at a desk, product, and client level.
• Identify trends, constraints, and opportunities through data-driven analysis.
• Drive enhancements to management reporting and analytics platforms related to balance sheet and capital.
• Leadership & Governance
• Lead and mentor a team of balance sheet and capital professionals
• Establish strong cross-functional partnerships across Finance, Risk, Treasury, Operations, and Technology.
• Support regulatory exams, internal audits, and model reviews related to capital and balance sheet management.

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: Mid Level
• Number of Employees: 1,001-5,000 employees