Chief Financial Risk Officer
U.S. Bank
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 Financial Risk Leader is a senior executive responsible for leading the second line oversight of financial risk disciplines across U.S. Bank. Responsible for the identification, assessment, and mitigation of financial risks across the organization. Reporting directly to the Chief Risk Officer, this role provides strategic and operational leadership for market risk, interest rate risk, liquidity risk and capital management. The leader collaborates with senior executives to align risk strategies with business objectives and regulatory expectations.
ESSENTIAL FUNCTIONS
Develop and implement financial risk management strategies aligned with corporate strategies.
Lead the identification, measurement, and management of market risk exposures across trading and investment portfolios.
Oversee interest risk strategies, including asset-liability management and earnings-at-risk modeling.
Ensure robust liquidity risk frameworks and capital adequacy planning, including stress testing and contingency funding strategies.
Manage governance processes, committee engagement, and executive -level reporting for financial risk disciplines.
Lead regulatory interactions and ensure compliance with financial risk-related requirements.
Drive strategic initiatives, integrate financial risk programs across business lines, and ensure consistency in methodologies and controls
Advise executive leadership on emerging financial risks and mitigation strategies.
Monitor and analyze financial exposures across business units and enterprise wide.
Implement financial risk tools and systems for real-time monitoring and reporting.
PREFERRED SKILLS/QUALIFICATIONS
Deep expertise in market risk, interest rate risk, liquidity risk, and capital planning.
Strong understanding of regulatory frameworks.
Proven leadership in managing cross-functional teams and enterprise-wide risk programs. Excellent communication, analytical, and strategic planning skills.
Strong leadership abilities and strategic management skills.
Strong analytical, decision-making, and problem-solving skills.
Considerable tact, diplomacy, and interpersonal skills.
High ethical standards and sound judgement.
Incumbent has a bachelor’s degree in finance, Economics, Risk management, or related field.
Master’s degree preferred.
15+ years of experience in financial risk management within a large financial institution or GSIB
LEADERSHIP CAPABILITIES
Builds Teams and Talent: Embraces developing talent; builds and develops teams; strengthens organizational capabilities via talent
Drives for Results: Drives execution, continuously improves the core, and reallocates resources at pace
Disrupts & Challenges: Creates possibilities from new and innovative thinking; generates disruptive change; leads change
Leads Innovation: Encourages innovative thought; challenges the status quo; scales and invests in new ideas
Drives Vision and Purpose: Paints a compelling picture of the vision and strategy that motivates others to action
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
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
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $304,045.00 - $357,700.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.