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

U.S. Bank is one of the nation’s most respected financial institutions, delivering personalized wealth management solutions to individuals, families, and institutions. We combine deep expertise with advanced technology to help clients achieve their financial goals with confidence and integrity.

The Asset Management Group Chief Investment Officer (CIO) is a key executive responsible for shaping and executing the investment strategy for U.S. Bank Wealth Management. This role provides visionary leadership across portfolio management, research, and product development, ensuring alignment with client objectives and regulatory standards. The CIO serves as a public-facing thought leader, elevating U.S. Bank’s investment capabilities and driving innovation to meet the evolving needs of high-net-worth and ultra-high-net-worth clients.

KEY RESPONSIBILITIES

• Define and lead investment strategy across Wealth Management, ensuring consistent execution and risk management

• Oversee all portfolio management activities and investment policy development

• Drive product innovation and research to address client needs and market opportunities

• Collaborate with senior leaders across Wealth Management and Asset Management to deliver integrated solutions

• Represent U.S. Bank externally through media engagement, industry forums, and client events

• Participate in select client and prospect discussions to articulate investment philosophy and capabilities

• Lead investment committees and maintain awareness of emerging strategies and market trends

• Manage capital and expense budgets for the investment function

PREFERRED SKILLS/QUALIFICATIONS

• Proven track record of leadership in investment management within a wealth management or private banking environment

• Deep expertise in portfolio construction, asset allocation, and investment strategy

• Strong understanding of regulatory and compliance requirements

• Exceptional communication skills, including media and public speaking experience

• Ability to lead through influence in a matrixed organization and develop high-performing teams

• Advanced degree and/or CFA designation strongly preferred

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: $274,295.00 - $322,700.00

U.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.