Financial Risk & Strategy Director

BTIG; Chicago (IL); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Healthcare

Life Insurance

Disability Insurance

Parental Leave

401(k) Plan

Paid Vacation

Paid Holidays

Adoption Assistance

Sick Leave

Job summary

U.S. Bank is seeking a Director to lead strategic analysis and financial resource management for FICC, with responsibilities spanning balance sheet allocation, funds transfer pricing, and broker-dealer capital and funding.

You will collaborate with Corporate Treasury to deploy capital efficiently against strategic priorities. The role requires 8+ years in financial resource management or treasury within capital markets, strong modeling skills, and relevant licenses.

Qualifications

• 8+ years of experience in financial resource management, treasury, corporate development, or strategy within capital markets or banking.
• Strong understanding of balance sheet management, funds transfer pricing, and regulatory capital/liquidity frameworks (LCR, NSFR, CET1).
• Experience with broker-dealer capital frameworks (SEC Rule 15c3-1) a plus.
• Bachelor's degree required; advanced degree or CFA designation preferred.
• FINRA Series 7 and 63 licenses required, or ability to obtain within onboarding.

Responsibilities

• Support the Balance Sheet Council with balance sheet allocation and liquidity analysis.
• Drive P&L attribution capabilities with desk- and product-level decomposition of revenues and funding.
• Develop capital attribution and allocation methodologies for risk-adjusted performance and resource optimization.
• Lead broker-dealer capital and funding analysis, including unsecured funding strategy.
• Partner with Corporate Treasury on FTP, lending, and holdco debt analysis.
• Support rating agency materials and BTIG integration from strategy and resource perspectives.
• Lead initiatives like the FICC Junior Talent Program and other franchise-building efforts.

Skills

Financial analysis

Financial modeling

Treasury

Balance sheet management

Regulatory capital

Broker-dealer rules

Education

Bachelor's degree

Advanced degree

CFA designation

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

BUSINESS OVERVIEW

U.S. Bancorp Fixed Income, Currencies & Commodities (FICC) is building out a newly created Financial Risk & Strategy function to provide dedicated front-line risk management, financial resource management, and strategic oversight across the FICC businesses, including Macro (Rates / FX), Structured Credit, Working Capital Finance, Debt Capital Markets, Credit, and Commodities. This build-out coincides with U.S. Bancorp's transition across the Category II regulatory asset threshold and the integration of BTIG LLC's equities and prime brokerage capabilities, creating a highly visible mandate at the intersection of risk, finance, and strategy within Global Capital Markets.

Position Overview

Reporting to the Head of FICC Financial Risk & Strategy, the Director will lead strategic analysis and financial resource management initiatives across FICC businesses, including balance sheet allocation, funds transfer pricing, and broker-dealer capital and funding. This role partners closely with Corporate Treasury and Finance to ensure FICC's capital, funding, and liquidity resources are deployed efficiently against strategic priorities.

Key Responsibilities

Capital, Funding & Strategic Analysis

• Support the FICC Balance Sheet Council, including balance sheet allocation, funding/liquidity analysis, and cross-LOB governance
• Drive the build-out of G-SIB-standard P&L attribution capabilities, including consistent desk- and product-level decomposition of revenues, carry, funding, hedging, valuation adjustments, and key risk drivers
• Develop capital attribution and allocation methodologies across FICC desks and products to support transparent risk-adjusted performance measurement, resource optimization, and strategic decision-making
• Drive broker-dealer capital and funding analysis, including net capital frameworks (SEC Rule 15c3-1) and unsecured funding strategy
• Partner with Corporate Treasury on FTP methodology, Section 23A lending, and holdco term debt analysis
• Support preparation of rating agency materials and BTIG integration workstreams from a strategy and financial resource lens
• Lead or contribute to strategic initiatives such as the FICC Junior Talent Program and other franchise-building efforts

Planning, Reporting & Regulatory Impact

• Prepare balance sheet planning submissions and cross-LOB dashboards for senior management and planning cycles
• Analyze regulatory developments (Category II transition, LCR/NSFR, AOCI/CET1) for their impact on FICC's financial resources

Qualifications

Basic Qualifications

• 8+ years of experience in financial resource management, treasury, corporate development, or strategy within capital markets or banking
• Strong understanding of balance sheet management, funds transfer pricing, and regulatory capital/liquidity frameworks (LCR, NSFR, CET1)
• Experience with broker-dealer capital frameworks (SEC Rule 15c3-1) a plus
• Bachelor's degree required; advanced degree or CFA designation preferred
• Strong analytical and financial modeling skills, with the ability to synthesize complex regulatory and financial topics into clear, decision-ready materials
• FINRA Series 7 and 63 licenses required, or ability to obtain within a defined onboarding period
• Excellent written and verbal communication skills, with experience preparing materials for senior management and governance committees

Preferred Skills / Experience

• Advanced degree or CFA designation
• Experience with broker-dealer capital, funding, and liquidity frameworks

Compensation & Benefits

Base pay for this role usually falls within $250,000 to $300,000. Additional considerations regarding base pay levels are based on candidate qualifications. Your compensation expectations will be discussed with a U.S. Bank recruiter if you are contacted to discuss the role further.

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:

• 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.

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: $152,370.00 - 186,230.00

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.