Macro Chief Operating Officer

U.S. Bank • Charlotte, NC

1d

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 Operating Officer for the Macro division is an integral member of the Macro leadership team. He / she will partner with internal constituents in all aspects of business strategy, infrastructure, technology, compliance and risk management, change management, and cost / expenses. In the process, this role will ensure the Macro business runs efficiently and grows responsibly across sales, trading, structuring, and support functions.

Requirements

• Practical knowledge of Macro products, including Cash Rates, Rate Derivatives (both cleared and bilateral), Foreign Exchange, Commodities, and Secured Funding instruments, as well as associated execution workflows and market structure evolution
• 15+ Years of total experience in Macro (Rates, FX, Commodities, and Secured Funding), including 3+ Years in a sales, trading, or structuring function in Macro products
• FINRA Series 7 and 63 required, Series 24 or Equivalent Preferred
• Proven track record of collaboration with support partners including Corporate Treasury, Risk Functions, Operations, Regulatory Compliance, etc
• Experience in representing Macro lines of business in internal and external forums
• Ability and experience in leading change management and transformational initiatives

Nice To Haves

• Bachelor’s degree required
• Excellent communication skills
• Strategic, adaptive, and forward looking thinker
• Global experience a plus

Responsibilities

• Strategic Implementation Oversee technology, risk infrastructure, and system processes to support growth initiatives for Macro Division
• Drive accountability for disciplined execution through KPI tracking, performance analytics, and management reporting Product and Client Lead Macro new product and initiative approval processes
• Perform client data analysis, create and maintain client onboarding pipeline Resource Management Drive balance sheet and capital efficiency via effective partnership with Corporate Treasury, xVA functions, and Accounting Policy
• Manage expenses while ensuring optimal resourcing to foster growth, and in the process, achieve cost-efficient and responsible scaling of the Macro business Risk Management Continuously improve risk governance and control processes to ensure the Macro division is in full compliance with regulatory requirements and US Bank company policies
• Act as a key liaison amongst Macro leadership, sales and trading, technology, operations, and risk functions to identify, escalate, and mitigate risks, including market risk, counterparty risk, operational and technology resiliency, model governance, conduct and reputational risks, etc

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