Business Line CFO-Technology
U.S. Bank
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 Technology Business Line Chief Financial Officer (BL CFO) will be a key partner with the Head of Technology in setting the strategy and related financial strategy’s performance metrics. As a report to the CFO – Technology & Operations of U.S. Bank, this role will also be a key leader for the finance organization, the Technology BL CFO will work with the Technology business line to ensure that financial performance against the strategy metrics and other financial goals are achieved. The position will also be accountable for corporate finance activities in multiple business units within the business line that will flow directly into the financial performance of the business.
The selected leader will own the strategic finance direction for the technology business line to ensure it achieves its strategic objectives and changing course when necessary. The leader will be accountable to deliver financial outcomes with transparency into enterprise performance and objectives. They will act as a strategic advisor and primary contact to the Head of Technology providing decision support aligned with business specific strategic objectives. This role is responsible for providing clear decision support including strategic and financial forecasting, performance, and alignment to corporate and business line objectives.
JOB FUNCTION & RESPONSIBILITIES
- Long and sort-term strategic financial planning, performance analytics and forecasting
- Aligning to corporate financial and strategic goals
- Capital investment and mergers & acquisitions (M&A)
- Ensure ongoing alignment of business line financials to multi-year strategic plan
- Provide direction, strategic decisions, and leadership to pursue objectives
- Act as a single finance point of contact for the Head of Technology with clear decision rights and forecast/projection accountability
- Decision making support on business specific strategic objectives such as performance analytics, capital investments, planning and forecasting
- Sustain and improve expense management and profitability while plotting the direction of long-term growth via management of business line expenses and investment, in alignment with business line strategy and corporate financial goals
- Lead the development of Total Cost of Ownership for Technology Applications to include unit costing of infrastructure products
- Lead the development and reporting of resource management optimization metrics including developer productivity, contractor utilization and location analysis
- Align with other CFOs to standardized strategic planning metrics and performance analytics
- Actively ensure compliance with all U. S. Bank policies and procedures such as Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, all financial policies, and processes such as SOX
- Lead the team that is aligned to business line strategic planning, forecasting, performance analytics, capital investment and M&A
- Engage with shared services finance for transactional activities
- Commit to development of talent within the Finance team and the rest of the organization
- Engage with shared services finance for transactional activities
SKILLS PROFILE
Transformation
- Demonstrated ability to lead and modernize internal finance function within a financial services environment
- Drive innovation and transformation by identifying technology investments and operational efficiency
Influence
- Proven ability to execute results across multiple stakeholders and strategic priorities through excellent leadership in action
Collaboration
- Highly collaborative in style, drives results with purpose, speed, and agility delivering against organization and business specific needs, while championing a broader One U.S. Bank approach
- Drive solutions-oriented leadership to meet the objectives of all stakeholders
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
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: $214,795.00 - $252,700.00 - $277,970.00U.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.