Finance Manager - Regulatory Policy

Socket.dev; Minneapolis (MN); On-site; USD 133,000 - 157,000; Full time

Benefits offered by this job

Healthcare

Life insurance

Disability insurance

Parental leave

401(k)

Paid vacation

Holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a seasoned Regulatory Policy professional to monitor and interpret domestic regulatory capital and liquidity rulemakings, and assess their impact on transactions, products, and enterprise initiatives.

You will collaborate with risk, finance, legal, and audit to communicate developments, prepare management materials, support governance processes, and contribute to capital optimization efforts.

Qualifications

• Bachelor's degree, or equivalent work experience.
• Eight or more years of related experience.
• Working knowledge of U.S. banking regulations and Basel III rules.

Responsibilities

• Monitor and summarize proposed and final regulatory capital and liquidity rule changes and assess their impact on the organization.
• Prepare presentations, memoranda, and educational materials to communicate regulatory developments to management and stakeholders.
• Partner with second-line and other review functions to support governance and control of regulatory interpretations.
• Evaluate capital implications of transactions, new products, and initiatives under current and proposed frameworks.
• Provide regulatory capital guidance to partners regarding treatment of products, transactions, and initiatives.

Skills

Regulatory knowledge

Regulatory capital frameworks

Liquidity regulations

Analytical skills

Communication skills

Cross-functional collaboration

Policy interpretation

Education

Bachelor's degree or equivalent

Professional designation (CFA, CPA, FRM) - to attain

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

The Regulatory Policy team is responsible for regulatory interpretation, advocacy, and advises senior management on how regulatory developments may impact the firm. The team also evaluates the impact of existing and potential regulation on specific business activity, supports implementation of certain regulations, and advises business leaders on the regulatory implications of transaction structuring. The team’s primary functions include rule interpretation, transaction advisory, preparation of management reporting materials, capital planning, advising internal stakeholders, advocacy with external stakeholders and competitor analysis.

Job Summary

The candidate will support the monitoring, analysis, interpretation, and communication of domestic regulatory developments, with a particular focus on regulatory capital and liquidity rulemakings. The role will involve evaluating the impact of regulatory changes on transactions, new products, business initiatives, and broader enterprise activities. The candidate will partner with corporate functions, business lines, risk, finance, and other stakeholders to assess regulatory implications and support consistent interpretation of applicable rules.

Additional responsibilities include supporting capital optimization initiatives, implementation of new regulatory requirements, analysis of industry developments, and ongoing monitoring of peer practices and regulatory trends.

Key Responsibilities

• Monitor and summarize proposed and final regulatory capital and liquidity rule changes and assist in assessing their impact on the organization.

• Support the preparation of presentations, memoranda, and educational materials to communicate regulatory developments to management, business lines, risk, finance, and other stakeholders.

• Partner with second-line and other review functions to support a well-controlled regulatory interpretation and governance process.

• Evaluate the capital implications of transactions, new products, and business initiatives under current and proposed regulatory frameworks.

• Provide regulatory capital guidance and support to business partners regarding the treatment of products, transactions, and strategic initiatives.

• Support projects related to the implementation of regulatory rule changes, including documenting requirements and assisting with execution activities.

• Conduct research on industry practices, peer disclosures, and regulatory developments to support policy positions and impact assessments.

• Assist with change management processes related to regulatory capital and liquidity reporting and disclosure requirements.

• Support responses to regulatory inquiries, examinations, continuous monitoring activities, and internal governance reviews.

• Assist broader Treasury functions, including capital management, liquidity risk management, recovery and resolution planning, and regulatory change initiatives, as needed.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• Eight or more years of related experience

Preferred Qualifications

• Working knowledge of U.S. banking regulations, regulatory capital frameworks, liquidity requirements, and supervisory expectations applicable to large financial institutions.

• Experience analyzing and interpreting regulatory guidance, supervisory communications, or policy requirements.

• Experience supporting assessments of the capital or liquidity implications of products, transactions, or business initiatives.

• Strong analytical and research skills with the ability to evaluate technical regulatory materials and identify key business impacts.

• Strong attention to detail, organizational skills, and ability to manage multiple priorities in a dynamic environment.

• Effective written and verbal communication skills with the ability to present technical concepts to diverse audiences.

• Demonstrated risk management mindset and strong focus on maintaining effective controls.

• Ability to collaborate across business, risk, finance, legal, compliance, and audit functions.

• Experience working in regulatory capital policy, treasury, finance, risk management, regulatory reporting, public accounting, or bank supervision.

• Familiarity with Basel III capital rules, liquidity regulations, stress testing, and related U.S. banking requirements.

• Progress toward, or attainment of, a professional designation such as CFA, CPA, FRM, or equivalent.

• Experience supporting regulatory change implementation or policy interpretation initiatives.

• Strong presentation and business writing skills.

• Ability to identify issues, develop recommendations, and influence outcomes through collaboration.

• Demonstrated ability to manage multiple projects and deadlines simultaneously.

• Understanding of internal controls, risk management principles, and governance processes within large financial institutions

Location Expectations

This role requires working from a U.S. Bank location three (3) 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 E-Verify program.

Pay Range: $133,365.00 - $156,900.00

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.