Project Manager - Investment Services

U.S. Bank • Minneapolis, MN

1d • Hybrid

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 Participates in the identification, design, development and implementation of assigned projects. Assigned projects may be general or systems related in nature. Interfaces with internal and external resources to ensure successful and timely completion in accordance with user needs. Participates in training users and evaluating the project. Manages performance of the project team and evaluates overall team performance.

Requirements

• Bachelor's degree, or equivalent work experience
• Eight to ten years of experience in project management activities

Nice To Haves

• Knowledge of capital markets, post‑trade processing, custody, or settlements
• Experience delivering regulatory or industry‑wide change initiatives
• Demonstrated knowledge of European markets and sub-custodian relationships
• Considerable knowledge of assigned business line or functional area
• Demonstrated management and leadership skills
• Strong organizational and analytical skills
• Advanced knowledge of project management
• Ability to identify and resolve exceptions and to analyze data
• Excellent verbal and written communication skills
• Master’s degree preferred

Responsibilities

• Understanding of end‑to‑end delivery of T+1 regulatory initiatives, including project planning, milestone tracking, risk management, and issue resolution
• Establish and manage project governance, including steering committees, working groups, and executive reporting
• Coordinate cross‑functional workstreams spanning Operations, Technology, Product, Risk, Compliance, and external market participants
• Partner with internal and external stakeholders to ensure alignment on regulatory requirements, timelines, and readiness
• Oversee development of business readiness plans, operational procedures, controls, and post‑implementation stabilization
• Identify, assess, and escalate key risks impacting settlement performance, client experience, and regulatory compliance
• Prepare executive‑level status updates, materials, and communications supporting decision‑making and change enablement
• Work with Product leaders to provide industry knowledge and direction to clients
• Assist in making difficult decisions and escalations depending on industry direction and technological availability
• Drive engagement with external market participants (e.g., sub‑custodians, brokers, industry utilities) to confirm readiness, testing plans, and operational cut‑offs
• Support alignment across U.S., UK, and European stakeholders where applicable, recognizing regional regulatory nuances

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: Manager
• Number of Employees: 5,001-10,000 employees