Global Custody Strategy Manager

Jobtailor

Massachusetts

On-site

USD 180,000 - 260,000

Full time

7 days ago
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Job summary

U.S. Bank is seeking a senior strategist for Global Custody in the United States. This role owns the strategy, roadmap, pricing discipline, margin management, and competitive positioning of the custody offering.

You will drive growth, profitability, and modernization in collaboration with the Asset Managers and Product Office. The position requires leading cross-functional teams across Operations, Risk, Finance, and Technology to translate market needs into a prioritized investment plan and

Qualifications

  • Bachelor's degree in finance, business, economics or related field.
  • MBA or equivalent advanced credential preferred.
  • 10+ years in banking, custody, asset servicing, or related strategy roles.
  • Experience developing or managing custody strategy, pricing, and roadmaps.

Responsibilities

  • Own the strategy, commercial roadmap, pricing discipline, margin management, and competitive positioning for U.S. Bank's Global Custody offering.
  • Drive revenue growth, client profitability, modernization, and scalable growth as the dedicated commercial owner.
  • Partner with senior leaders on strategy roadmap, capability development, and investment priorities.
  • Translate client needs and market trends into a prioritized roadmap and investment cases.
  • Define and execute Global Custody strategy aligned with priorities and verticals.
  • Develop and monitor revenue and margin dashboards to inform decisions.
  • Identify cross-sell opportunities across custody-adjacent businesses.
  • Modernize custody capabilities and automate workflows for scalability.

Skills

Global Custody Strategy
Cross-Functional Leadership
Financial Analysis
Pricing Frameworks
Strategic Roadmapping
Stakeholder Influence
Operational Excellence

Education

Bachelor's Degree in Finance
MBA or Equivalent Advanced Credential

Tools

Dashboards for Revenue and Margin
Executive Scorecards
Financial Planning Tools

Job description

  • Own the strategy, commercial roadmap, pricing discipline, margin management, competitive positioning, and investment priorities for U.S. Bank's Global Custody offering
  • Serve as the dedicated commercial and strategic owner for custody, driving revenue growth, client profitability, modernization, and scalable growth
  • Partner with the Head of Custody for Asset Managers and the Product Office on strategy roadmap, capability development, and investment priorities
  • Collaborate across Operations, Network Management, Technology, Risk, Strategy Development, Finance, Relationship Management, and business-line leadership
  • Translate client needs, market trends, service issues, and financial performance into a prioritized roadmap, investment cases, pricing framework, and growth plan
  • Define and execute Global Custody strategy aligned with Global Investment Services priorities and the Custody Asset Management vertical
  • Build revenue, margin, and client profitability dashboards
  • Evaluate custody economics, pricing models, sub-custodian costs, deposit economics, and investment prioritization
  • Develop competitive intelligence, client-facing collateral, strategic positioning, and launch materials
  • Identify cross-sell opportunities across custody-adjacent businesses
  • Modernize custody capabilities, improve data quality, standardize workflows, and prepare for new products or regulatory change
  • Develop business cases for strategic enhancements, platform investments, market expansion, automation, and new custody capabilities
  • Establish product governance and align strategic decisions with service execution, operational resiliency, controls, and client-ready delivery
  • Provide strategic input into SLAs, KPIs, KRIs, issue tracking, executive scorecards, and operating forums
  • Ensure alignment with custody regulations, policies, risk appetite, and controls
  • Support strategy-level risk reviews, control assessments, and remediation planning
  • Partner on forecasting, budgeting, investment prioritization, vendor/third-party cost analysis, and strategy-level financial planning
  • Align revenue, margin, investment progress, service quality, and issue themes into executive scorecards
Requirements
  • Management/supervisory experience
  • 10 or more years of banking or other relevant experience
  • 10+ years of progressive experience in custody, asset servicing, securities services, strategy, financial services strategy, or related institutional banking roles
  • Demonstrated understanding of global custody, including safekeeping, settlement, asset servicing, cash, tax, market access, sub-custodian networks, and client service delivery
  • Experience developing or managing custody strategy, pricing frameworks, business cases, roadmaps, financial performance routines, or commercial growth plans
  • Strong financial acumen and ability to analyze revenue, margin, profitability, pricing, cost drivers, and investment returns
  • Ability to lead through influence across Strategy, Operations, Technology, Risk, Finance, Relationship Management, clients, industry participants, and senior leadership stakeholders
  • Bachelor's degree in finance, Business, Accounting, Economics, or a related field
  • Experience at a global custodian, asset servicer, bank, or institutional platform with exposure to cross-border custody, fund services, Corporate Trust / structured finance, ETFs, alternatives, CLOs, or asset-manager segments
  • Experience partnering with Technology and Operations to modernize platforms, automate workflows, improve reporting, and scale strategic custody capabilities
  • Familiarity with emerging custody trends including digital assets, tokenization, T+1 settlement, blockchain-based recordkeeping, and regulatory evolution
  • MBA or equivalent advanced credential (preferred)
Core Competencies

Demonstrates expertise in developing and executing Global Custody strategies, pricing frameworks, and financial performance analysis while ensuring compliance with custody regulations and enhancing client service delivery. Proven ability to lead cross-functional teams and drive revenue growth through strategic partnerships and modernization initiatives.

Highest-signal resume keywords
  • Global Custody Strategy Development
  • Financial Acumen and Analysis
  • Cross-Functional Leadership
  • Custody Regulations Compliance
  • Client Profitability Management
ATS Optimization Keywords
Hard Skills
  • Custody Economics Evaluation
  • Pricing Framework Development
  • Business Case Development
  • Revenue Growth Planning
  • Margin Management
  • Data Quality Improvement
  • Financial Performance Analysis
  • Investment Prioritization
  • Operational Resiliency
  • Automation of Workflows
Soft Skills
  • Influential Leadership
  • Strategic Collaboration
  • Client Relationship Management
Certifications & Qualifications
  • Bachelor's Degree in Finance
  • MBA or Equivalent Advanced Credential
Industry Keywords
  • Asset Servicing
  • Securities Services
  • Institutional Banking
  • Cross-Border Custody
  • Digital Assets
  • Tokenization
  • T+1 Settlement
  • Blockchain-Based Recordkeeping
Tools & Technologies
  • Dashboards for Revenue and Margin
  • Executive Scorecards
  • Financial Planning Tools
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