U.S. CLO Middle Office Leader

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. CLO Middle Office Leader

The Middle Office business leader has responsibility for managing all aspects of the P&L for a $10mm plus business. This leader has oversight for client management, business operations, risk management, service delivery, strategy and a separate technology roadmap for a team consisting of approximately 50 plus staff members of various grades. The position reports to the head of the U.S. CLO business.

ESSENTIAL FUNCTIONS

• Develop and execute strategic plans, in conjunction with U.S. CLO leadership, to maximize new business generation, client growth, client retention, product depth, and client lifetime value on a client base
• Develops and implements business plans, financial policies, and marketing objectives for the group
• Manages the P&L to drive financial growth with direct ownership of the financial health & performance of the operation.
• Partners with technology teams to enhance applications supporting the business, including championing capex projects

• Enable and inspire leaders to the highest standards of execution, problem solving and sound decision making while setting a clear team vision
• Drive engagement and performance through hands-on leadership, coaching, performance management programs, engagement programs. Builds, attracts, inspires, and develops diverse and high-performing teams
• Serve as a member of U.S. CLO Senior Leadership team, contributing to strategy development and to the management of the business unit

Qualifications

• 10+ years of management/leadership experience in banking
• Strong interpersonal and communications skills with clear, concise and persuasive communication style that compels action
• Ability to provide clear direction, set measurable goals and give insight on industry trends
• Track record of successfully growing revenue through new business, expanding existing client accounts, pricing optimization, and marketing
• Thrives in a fast-paced, rapidly changing environment while maintaining high levels of operational rigor, risk management, and business excellence.
• Excellent political savvy and business acumen to work in a matrixed environment with an understanding of how to navigate the organization to clear obstacles and achieve business goals
• P&L management experience preferred
• Strong knowledge of the CLO industry preferred
• Proven ability to take balanced risks
• Degree in Business, or related field
• MBA, or advanced degree preferred

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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.

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.

Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.