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Finance Director
U.S. Bank Minneapolis, MN
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$224k-304k (estimate)
Full Time 1 Day Ago
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U.S. Bank is Hiring a Finance Director Near Minneapolis, MN

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 hiring a premier talent to lead the finance function for our Global Corporate Trust & Custody (GCTC) business. As a member of the U.S. Bank Finance organization, this Director role leads all aspect of business segment for GCTC. By providing strong leadership to the GCTC Finance team and delivering exceptional financial capabilities, this role plays a key role in the success of the GCTC business. The position operates with a significant degree of autonomy and interacts directly with the senior level executives, including the Co-Heads of the GCTC business.
Primary Responsibilities
The Finance Director will manage all aspects of finance for the GCTC business. Primary responsibilities include:
  • Generate monthly, quarterly, and annual forecasts, as well as annual plan, with a high degree of complexity and accuracy, including sophisticated incorporation of interest rate and trust & custody industry dynamics.
  • Produce monthly financial reports with a focus on trends, variances, profitability, and performance measurement.
  • Partner closely with GCTC executive management, Treasury, Operations, Risk, Controllers, and other partners to manage financial performance, develop business projections, and calibrate deposit appetite and pricing.
  • Create profitability analyses and financial models as needed. Perform analysis and reporting for large projects, including capital expenditures.
  • Manage a team of Finance Managers and Finance Analysts, providing hands-on leadership and coaching to staff. Duties include talent acquisition, training, performance appraisals, delegating assignments, and oversight of work.
  • Provide written and verbal presentations to appropriate levels of management.
  • Manage the GCTC Finance Organization's risk environment effectively and in accordance with all bank governance and project management policies, including administration of stress testing requirements and end user controls (EUCs).
Skills and Preferred Qualifications
  • Bachelor's degree in accounting or finance, or equivalent work experience
  • 13 or more years of relevant financial management experience
  • Five or more years of management experience
  • Executive presentation experience
  • Considerable knowledge of accounting/finance principles
  • Advanced planning and analytical skills
  • Excellent communication skills and comfort interfacing with all levels of management
  • Expert MS Excel and financial modeling skills, including ability to effectively train staff
  • MBA or CPA preferred
  • Experience with Essbase and SQL considered a plus
  • The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
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 (some may vary based on role, location or hours):
  • 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
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company's status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
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: $145,180.00 - $170,800.00 - $187,880.00
Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.

Job Summary

JOB TYPE

Full Time

SALARY

$224k-304k (estimate)

POST DATE

05/03/2024

EXPIRATION DATE

05/16/2024

WEBSITE

usbank.com

HEADQUARTERS

GRAND JUNCTION, CO

SIZE

>50,000

FOUNDED

1863

CEO

LINDA OTBERG

REVENUE

$10B - $50B

INDUSTRY

Banking

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About U.S. Bank

U.S. Bancorp, with nearly 70,000 employees and $554 billion in assets as of December 31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial, corporate, and investment customers across the country and around the world as a trusted and responsible financial partn ... er. This commitment continues to earn a spot on the Ethisphere Institutes Worlds Most Ethical Companies list and puts U.S. Bank in the top 5% of global companies assessed on the CDP A List for climate change action. Visit usbank.com for more. More
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The following is the career advancement route for Finance Director positions, which can be used as a reference in future career path planning. As a Finance Director, it can be promoted into senior positions as a Top Division Financial Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Finance Director. You can explore the career advancement for a Finance Director below and select your interested title to get hiring information.

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