Controller - Capital Markets & Brokerage

U.S. Bank; Chicago (IL); Hybrid; USD 144,000 - 169,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) and retirement plan

Paid vacation (2–5 weeks)

Paid holidays (up to 11)

Adoption assistance

Job summary

U.S. Bank seeks a strategic finance leader to serve as Controller - Capital Markets & Brokerage. You will oversee accounting, financial reporting, and controls across broker-dealer entities, partnering with executive leadership on growth initiatives and regulatory compliance.

This role leads audits, drives process improvements, and mentors a high-performing team in a highly complex trading environment with exposure to senior finance stakeholders.

Qualifications

• Bachelor's degree in Accounting, Finance, or related discipline.
• Extensive experience leading accounting and financial reporting within a broker-dealer or capital markets environment.
• Deep knowledge of U.S. GAAP, financial instruments, broker-dealer operations, and regulatory reporting.
• Proven experience managing PCAOB audits and audited financial statements.
• Strong understanding of SEC Rule 17a-5, Rule 15c3-1, and Rule 15c3-3.

Responsibilities

• Provide executive leadership for accounting, financial reporting, and control activities across broker-dealer entities.
• Direct monthly, quarterly, and annual close processes with accuracy and timeliness.
• Oversee preparation and review of GAAP financial statements and regulatory reporting.
• Support businesses in fixed income trading, underwriting, securities financing, and brokerage operations.
• Evaluate new products, growth initiatives, and acquisitions from a financial perspective.
• Lead external/internal audits and regulatory examinations with stakeholders.
• Drive improvements in accounting processes, automation, governance, and controls.
• Develop and mentor a high-performing accounting team.

Skills

Executive leadership

GAAP knowledge

Regulatory reporting

Audit management

Cross-functional collaboration

Financial leadership

Education

Bachelor’s degree in Accounting/Finance

Tools

CPA designation

FINRA Series 27

Job description

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 seeking an accomplished and strategic finance executive to serve as Controller -Capital Markets & Brokerage, reporting directly to the Broker-Dealer CFO. This highly visible leadership role offers the opportunity to oversee accounting, financial reporting, regulatory compliance, and control environment for both introducing retail brokerage broker-dealer and a self-clearing capital markets broker-dealer. This position is ideal for a leader who thrives in complex trading and brokerage environments and wants to influence business growth, product innovation, acquisitions, and enterprise-wide strategic initiatives. The successful candidate will partner closely with executive leadership, business line leaders, risk, treasury, regulatory, and finance teams to support one of the industry's most sophisticated broker-dealer platforms.

Responsibilities

• Provide executive leadership for all accounting, financial reporting, and control activities across multiple broker-dealer entities.
• Direct monthly, quarterly, and annual close processes, ensuring accuracy, transparency, and timely reporting.
• Oversee the preparation and review of GAAP financial statements, regulatory reporting, and related disclosures.
• Serve as the primary accounting leader supporting businesses involved in fixed income trading, underwriting, securities financing, advisory services, and brokerage operations.
• Partner with senior business leaders to evaluate new products, strategic growth initiatives, and acquisitions from an accounting and financial reporting perspective.
• Lead external and internal audit activities, regulatory examinations, and interactions with key stakeholders.
• Drive continuous improvement across accounting processes, automation initiatives, governance practices, and control frameworks.
• Develop and mentor a high-performing team of accounting professionals while fostering a culture of excellence, accountability, and innovation.

Why This Opportunity Stands Out

Significant exposure to executive leadership, including direct partnership with the Broker-Dealer CFO and senior capital markets leaders. Oversight of both introducing and self-clearing broker-dealer operations, creating exceptional breadth and complexity. Opportunity to influence strategic growth initiatives, new products, acquisitions, and platform expansion. Ability to work across a diverse range of capital markets activities, including fixed income trading, underwriting, securities financing, and brokerage operations. Leadership role within one of the nation's largest and most respected financial institutions.

Qualifications

Required Bachelor's degree in Accounting, Finance, or related discipline. Extensive experience leading accounting and financial reporting functions within a broker-dealer, investment banking, capital markets, or securities organization. Deep knowledge of U.S. GAAP, financial instruments, broker-dealer operations, and regulatory reporting requirements. Proven experience managing PCAOB audits and audited financial statements. Strong understanding of SEC Rule 17a-5, SEC Rule 15c3-1, and SEC Rule 15c3-3. Demonstrated success leading teams and building high-performing finance organizations.

Preferred Experience

• Supporting both introducing and self-clearing broker-dealers.
• Expertise in fixed income trading, underwriting, repo/reverse repo, securities financing, or related capital markets activities.
• Experience supporting acquisitions, integrations, and complex business transformations.
• Exposure to equity trading, equity underwriting, prime brokerage, or institutional markets businesses.
• Active CPA designation.
• FINRA Series 27 license.

Location

This role follows U.S. Bank's hybrid work model and requires working from a designated U.S. Bank office location three or more days per week. 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:

• 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
• Review our full benefits available by employment status here.

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: $143,905.00 - $169,300.00

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.

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 you excel at—all from Day One.