Investment Services – Head of Financial Reporting

U.S. Bank • Boston, MA

1d • $214,795 - $252,700 • Onsite

About The Position

The Head of Financial & Regulatory Reporting is responsible for leading the strategy, governance, execution, and transformation of financial, regulatory, client, and management reporting across Investment Services. This executive leader is responsible for delivering accurate, timely, and compliant reporting while ensuring strong risk management, operational controls, and regulatory adherence.
The role partners closely with Operations, Finance, Risk, Compliance, Legal, Audit, Technology, Tax and senior business leaders to deliver reporting that supports business decisions, regulatory obligations, and client commitments. The leader will also be accountable, in conjunction with Transformation, for modernizing the reporting operating model through process simplification, automation, data governance, and the strategic utilization of global resources.
A key component of this role is providing leadership and governance across both domestic and offshore teams while advancing the Operating Model Transformation strategy. The successful candidate will balance operational excellence, regulatory rigor, talent leadership, and strategic transformation to build a scalable and sustainable reporting organization.

Requirements

• Bachelor's degree in Accounting, Finance, Business, Economics, or related field.
• 12+ years of progressive leadership experience in financial reporting, regulatory reporting, fund accounting, finance, operations, or related financial services functions.
• Significant experience leading managers and multi-functional teams.
• Strong understanding of financial controls, governance frameworks, risk management, and regulatory environments.
• Demonstrated success leading large-scale operational, technology, or process transformation initiatives.
• Exceptional executive communication and stakeholder management skills.

Nice To Haves

• CPA, CFA, MBA, or other advanced financial designation.
• Experience supporting asset servicing, fund services, custody, trust, asset management, or investment operations businesses.
• Experience leading global organizations and offshore operations.
• Experience implementing shared services, global operating models, or operating model transformation strategies.
• Knowledge of reporting automation, business intelligence platforms, and data governance frameworks.

Responsibilities

• Own end-to-end production and delivery of client financial reporting deliverables across Investment Services, ensuring accuracy, timeliness, quality, and adherence to client commitments.
• Establish clear accountability, controls, and governance across reporting processes from data intake through final client delivery.
• Partner with Operations, Finance, Technology, and business leaders to support reporting execution, issue resolution, and continuous improvement.
• Ensure regulatory reporting obligations are completed accurately, timely, and in accordance with all applicable regulatory and corporate requirements.
• Maintain robust governance, controls, and procedures supporting financial and regulatory reporting activities.
• Serve as a key partner during regulatory examinations, audits, risk assessments, and compliance reviews.
• Monitor emerging regulatory requirements and proactively implement necessary reporting and control enhancements.
• Establish clear accountability for reporting accuracy, issue management, and remediation activities.
• Lead the reporting control environment, including reconciliations, certifications, attestations, and reporting governance processes.
• Ensure compliance with enterprise risk, control, and operational excellence standards.
• Drive timely resolution of reporting exceptions, control gaps, audit findings, and regulatory matters.
• Promote a culture of accountability, transparency, and operational discipline.
• Lead a geographically dispersed reporting organization consisting of onshore and offshore teams.
• Establish performance standards, governance structures, and service-level expectations across global reporting functions.
• Ensure effective workforce planning, capacity management, talent development, and succession planning across locations.
• Drive knowledge transfer, cross-training, and operational consistency between domestic and offshore teams.
• Partner with enterprise shared services leaders to maximize effectiveness, resiliency, and scalability of global reporting operations.
• Develop and execute a long-term Operating Model Transformation strategy to simplify, standardize, and optimize reporting activities across the organization.
• Identify opportunities to migrate, standardize, and optimize reporting processes where appropriate while maintaining strong controls and service quality.
• Partner with Transformation, Technology, and Operations teams to implement scalable solutions that reduce operational risk and improve efficiency.
• Lead organizational change initiatives associated with process redesign, automation, workforce transformation, and operating model evolution, in conjunction with Transformation.
• Establish metrics and governance to measure effectiveness, service quality, and business outcomes associated with transformed operating model capabilities.
• Champion reporting modernization through automation, AI-enabled capabilities, workflow optimization, and advanced analytics.
• Partner with Technology and Data Management teams to improve reporting platforms, data quality, lineage, and governance practices.
• Drive continuous improvement initiatives focused on simplification, standardization, efficiency, and scalability.
• Leverage data insights to identify trends, risks, and opportunities for business improvement.
• Lead, coach, and develop a team of managers and reporting professionals.
• Build a high-performing culture focused on accountability, collaboration, innovation, and client service.
• Drive succession planning and leadership development across the organization.
• Foster an inclusive environment that attracts, retains, and develops top talent.

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