Director of Balance Sheet & Capital Management

Overview

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 Director of Balance Sheet & Capital Management will serve as a senior strategic partner to U.S. Bank’s broker-dealer, responsible for optimizing balance sheet usage, regulatory capital efficiency, and liquidity deployment across trading, financing, and client-facing businesses. This role sits at the intersection of Capital Markets, Finance, Risk, Treasury, and Front Office, providing leadership on capital allocation, leverage optimization, and regulatory balance sheet strategy.

The individual will help drive disciplined growth by ensuring that capital is deployed to its highest-return use while remaining compliant with regulatory constraints, internal risk appetite, and liquidity requirements.

Key Responsibilities

Balance Sheet Strategy & Optimization

• Lead balance sheet strategy for the broker-dealer, including asset/liability optimization, leverage utilization, and funding efficiency.

• Partner with trading desks, financing businesses, and sales leadership to evaluate balance sheet consumption and return on capital.

• Develop frameworks to measure and optimize RWA, leverage exposure, and capital usage across products and clients.

• Support strategic initiatives such as balance sheet re-allocation, client pricing adjustments, and product design to improve capital efficiency.

Capital Management & Regulatory Support

• Oversee capital planning activities for the broker-dealer, including stress testing, capital forecasting, and regulatory submissions.

• Act as a subject-matter expert on regulatory capital rules (e.g., Basel III, SLR, net capital, liquidity requirements).

• Partner with Market Risk, Credit Risk, and Treasury to assess capital impacts of new products, client structures, and market events.

• Support internal governance forums, capital committees, and senior management discussions related to balance sheet and capital decisions.

Front Office & Business Partnership

• Serve as a trusted advisor to front-office leaders, providing transparency into capital costs, balance sheet constraints, and trade economics.

• Translate regulatory and financial metrics into actionable insights for trading and sales teams.

• Support deal structuring, client onboarding, and financing transactions with a focus on capital efficiency and profitability.

Analytics, Reporting & Insights

• Develop and maintain reporting on balance sheet usage, capital consumption, ROE, and liquidity metrics at a desk, product, and client level.

• Identify trends, constraints, and opportunities through data-driven analysis.

• Drive enhancements to management reporting and analytics platforms related to balance sheet and capital.

Leadership & Governance

• Lead and mentor a team of balance sheet and capital professionals

• Establish strong cross-functional partnerships across Finance, Risk, Treasury, Operations, and Technology.

• Support regulatory exams, internal audits, and model reviews related to capital and balance sheet management.

Required Qualifications

• Bachelor’s degree in Finance, Economics, Accounting, or a related field (MBA or CFA preferred).

• 10+ years of experience in capital markets finance, balance sheet management, treasury, or risk, preferably within a broker-dealer environment.

• Strong understanding of regulatory capital frameworks, leverage metrics, and liquidity concepts.

• Proven experience partnering with front office trading and sales teams.

• Strong analytical skills with the ability to synthesize complex information into executive-level insights.

• Excellent communication skills with the ability to influence senior stakeholders.

Preferred Experience

• Direct experience supporting a U.S. broker-dealer.

• Hands-on exposure to repo, securities financing, derivatives, or prime brokerage.

• Experience with capital optimization initiatives or balance sheet re-engineering.

• Familiarity with regulatory reporting (e.g., net capital, liquidity reporting, stress testing).

Why This Role Matters

• This role is critical to ensuring U.S. Bank’s broker-dealer can grow responsibly, deploy capital efficiently, and remain resilient through market cycles, while maintaining strong regulatory standing and front-office partnership.

Disability accommodations for applicants are available upon request during the application or hiring process.

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. 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 the E-Verify program.

#J-18808-Ljbffr