Portfolio Growth Initiatives Manager

U.S. Bank; Chicago (IL); On-site; USD 120,000 - 141,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer‑funded retirement

Paid vacation

Paid holidays

Adoption assistance

Job summary

U.S. Bank is seeking a Director of Portfolio Growth Initiatives to lead commercialization of priority Business Banking growth opportunities, translating strategy into scalable operating models and go-to-market plans.

You will collaborate across business, product, channel, operations, technology, risk, and support to drive adoption, measure outcomes, and transition initiatives to long‑term ownership. The role requires eight plus years of strategic initiatives experience in commercialization,

Qualifications

• Bachelor's degree, or equivalent work experience.
• Eight or more years of experience leading strategic initiatives in commercialization, business transformation, product management, business development, consulting, program leadership, or related disciplines.

Responsibilities

• Lead commercialization of assigned growth opportunities from approval through launch, adoption, scaling, and transition to long‑term ownership.
• Develop commercialization plans, operating models, and execution approaches that support successful market adoption and business outcomes.
• Drive alignment across business, product, channel, operations, technology, risk, and support teams to achieve initiative objectives.
• Establish success measures, monitor performance, and recommend actions to maximize growth, adoption, and business value.
• Identify and resolve risks, barriers, and dependencies that could impact commercialization success.
• Provide strategic recommendations, executive communications, and decision support to initiative sponsors and senior leadership.
• Support transition of mature initiatives to permanent business owners by establishing governance, processes, performance measures, and operational readiness.

Skills

Cross-functional leadership

Analytical skills

Communication skills

Problem-solving

Stakeholder influence

Agile methodologies

Education

Bachelor's degree, or equivalent work experience

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 Product Managers at U.S. Bank are customer obsessed in driving product visioning, planning and development to deliver on our human + digital product strategy and staying one step ahead of evolving economic, technological, and customer needs.

The Director, Portfolio Growth Initiatives is responsible for leading the commercialization of priority Business Banking growth initiatives. This role serves as the bridge between strategy and ongoing business ownership, translating approved opportunities into scalable operating models, go‑to‑market plans, and measurable business outcomes. Working across business, product, channel, operations, technology, risk, and support teams, this leader drives execution, adoption, and scaling of growth initiatives from approval through successful transition to long‑term ownership.

Primary Responsibilities

• Lead commercialization of assigned growth opportunities from approval through launch, adoption, scaling, and transition to long‑term ownership.
• Develop commercialization plans, operating models, and execution approaches that support successful market adoption and business outcomes.
• Drive alignment across business, product, channel, operations, technology, risk, and support teams to achieve initiative objectives.
• Establish success measures, monitor performance, and recommend actions to maximize growth, adoption, and business value.
• Identify and resolve risks, barriers, and dependencies that could impact commercialization success.
• Provide strategic recommendations, executive communications, and decision support to initiative sponsors and senior leadership.
• Support transition of mature initiatives to permanent business owners by establishing governance, processes, performance measures, and operational readiness.

Basic Qualifications

• Bachelor's degree, or equivalent work experience.
• Eight or more years of experience leading strategic initiatives in commercialization, business transformation, product management, business development, consulting, program leadership, or related disciplines.

Preferred Qualifications

• Demonstrated experience leading complex cross‑functional initiatives and delivering business outcomes.
• Proven ability to influence stakeholders and drive execution in a matrixed environment.
• Strong analytical, organizational, communication, and problem‑solving skills.
• Experience in financial services, including business banking, payments, deposits, lending, treasury management, or merchant services.
• Experience developing executive presentations, business cases, recommendations, and decision support materials for senior leaders.
• Experience taking new products, capabilities, or growth initiatives from concept and approval through launch, adoption, and operationalization.
• Expertise on the critical interdependencies among product model system elements that help and hinder performance; ability to plan and design solutions that synchronize resources to achieve business results using business metrics, key performance indicators, design systems, service blueprints, and reusability.
• Ability to anticipate shifting market priorities, internal and external customer needs in a manner that consistently adds value.
• Strong customer centricity to implement strategies and techniques used to ensure that customers have a positive experience with the organization's products and services at every touch point.
• Knowledge of technical aspects of software products; ability to design, configure and integrate technical aspects of software products.
• Knowledge of Agile ways of working, knowledge of processes, tools and techniques for assessing and controlling an organization’s exposure to risks of various kinds; ability to apply knowledge of risk management appropriately to diverse situations.

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.

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: $119,765.00 - $140,900.00

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.

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.