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U.S. Bank ICG Deposit Strategy Leader in Chicago, Illinois

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 Institutional Client Group (ICG) brings a full range of bank products and services to client segments across the U.S. Bank footprint, specifically, those with annual sales of $25 million and above.

The Institutional Client Group cultivates clients’ trust through customized service and access to the bank’s resources and expertise. This one U.S. Bank approach helps companies meet their business needs through expertise in capital markets, credit and financing, payables and receivables, liquidity and investments, and international services. The team also provides access to other financial products and services, available throughout U.S. Bank, that can help middle market and corporate companies work toward their financial and operational goals.

ICG is hiring for a new role of Head of Deposit Strategy which will partner with Treasury, Finance and Treasury Management to manage and grow corporate commercial deposits for U.S. Bank. Specifically, this leader will collaborate to define and manage a pricing decision framework that is efficient and balances balance sheet needs with client relationships. Additionally, this leader will recruit and manage a team of Deposit sales advisors that will support Relationship Managers with client conversations around liquidity needs with the goal of growing IB and NIB deposits for U.S. Bank.

The ideal candidate will have vast experience with deposit management with a focus on deposit gathering strategies, revenue growth and a proven ability to lead a high-performance team by implementing a people strategy that attracts, retains develops and motivates their team by using a coaching mindset and clearly communicating vision, values and business strategy.

QUALIFICATIONS

15+ years of banking experience

BA/MBA in finance, accounting, or other related field, MBA preferred

FINRA licenses required or demonstrated ability to obtain within 6 months of hire (series 63, 79 and 24)

Strong leadership abilities and strategic management skills

Knowledge of unit(s) and relation to industry

Strong verbal and written communication skills

Strong analytical, decision-making and problem-solving skills

Considerable tact, diplomacy and people skills.

SKILLS PROFILE

Transformation

· Demonstrated ability to build and lead a business development function within a top financial institution

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.

Data Analytics

· Ability to interpret data to evaluate the effectiveness of financial investments and performance to lead modernization efforts.

Problem Solving, Strategic Thinking & Curiosity

· Strategic thought leader that proactively responds to changing business needs and objectives, while considering implications of business or people related decisions and actions.

Leadership

· Strong verbal and written communication skills, with the ability to effectively build and articulate messages with story-telling technics and detailed points of view.

· Develop, invest, and elevate the talent within and across the finance team.

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 (https://careers.usbank.com/global/en/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 (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) 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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .

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: $208,505.00 - $245,300.00 - $269,830.00

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.

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.

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