Financial Risk & Strategy Director

U.S. Bank • Minneapolis, MN

2d • $152,370 - $186,230

About The Position

U.S. Bancorp Fixed Income, Currencies & Commodities (FICC) is establishing a new Financial Risk & Strategy function to manage financial risk, financial resources, and strategic oversight for its diverse businesses. This initiative is driven by U.S. Bancorp's growth and integration of new capabilities, making this a significant role at the nexus of risk, finance, and strategy within Global Capital Markets.

Requirements

• 8+ years of experience in financial resource management, treasury, corporate development, or strategy within capital markets or banking.
• Strong understanding of balance sheet management, funds transfer pricing, and regulatory capital/liquidity frameworks (LCR, NSFR, CET1).
• Strong analytical and financial modeling skills, with the ability to synthesize complex regulatory and financial topics into clear, decision-ready materials.
• Excellent written and verbal communication skills, with experience preparing materials for senior management and governance committees.
• FINRA Series 7 and 63 licenses required, or ability to obtain within a defined onboarding period.
• Bachelor's degree required.

Nice To Haves

• Experience with broker-dealer capital frameworks (SEC Rule 15c3-1) a plus.
• Advanced degree or CFA designation preferred.
• Experience with broker-dealer capital, funding, and liquidity frameworks.

Responsibilities

• Support the FICC Balance Sheet Council, including balance sheet allocation, funding/liquidity analysis, and cross-LOB governance.
• Drive the build-out of G-SIB-standard P&L attribution capabilities, including consistent desk- and product-level decomposition of revenues, carry, funding, hedging, valuation adjustments, and key risk drivers.
• Develop capital attribution and allocation methodologies across FICC desks and products to support transparent risk-adjusted performance measurement, resource optimization, and strategic decision-making.
• Drive broker-dealer capital and funding analysis, including net capital frameworks (SEC Rule 15c3-1) and unsecured funding strategy.
• Partner with Corporate Treasury on FTP methodology, Section 23A lending, and holdco term debt analysis.
• Support preparation of rating agency materials and BTIG integration workstreams from a strategy and financial resource lens.
• Lead or contribute to strategic initiatives such as the FICC Junior Talent Program and other franchise-building efforts.
• Prepare balance sheet planning submissions and cross-LOB dashboards for senior management and planning cycles.
• Analyze regulatory developments (Category II transition, LCR/NSFR, AOCI/CET1) for their impact on FICC's financial resources.

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: Director