Financial Risk & Strategy COO

About the role

U.S. Bancorp Fixed Income, Currencies & Commodities (FICC) is building out a newly created Financial Risk & Strategy function to provide dedicated front-line risk management, financial resource management, and strategic oversight across the FICC businesses, including Macro (Rates / FX), Structured Credit, Working Capital Finance, Debt Capital Markets, Credit, and Commodities. This build-out coincides with U.S. Bancorp's transition across the Category II regulatory asset threshold and the integration of BTIG LLC's equities and prime brokerage capabilities, creating a highly visible mandate at the intersection of risk, finance, and strategy within Global Capital Markets.

The Chief Operating Officer is an integral member of the FICC Financial Risk & Strategy leadership team. Reporting to the Head of FICC Financial Risk & Strategy, he / she will partner with internal constituents across strategy, infrastructure, technology, compliance and risk management, change management, and cost / expenses. In the process, this role will ensure the FICC business runs efficiently and grows responsibly across sales, trading, structuring, financing, and support functions spanning Macro (Rates / FX), Structured Credit, Working Capital Finance, Debt Capital Markets, Credit, Commodities.

Responsibilities

• Oversee technology, risk infrastructure, and system processes to support growth initiatives across FICC businesses
• Drive accountability for disciplined execution of FICC strategic priorities through KPI tracking, performance analytics, and management reporting
• Serve as primary execution partner to the Head of FICC Financial Risk & Strategy, translating strategic priorities — including the FICC Balance Sheet Council, New Business Initiatives, Financial Scorecards, Investment Planning, junior talent program, and BTIG integration
• FICC new product and initiative approval processes
• Perform client data analysis; create and maintain client onboarding pipeline across FICC lines of business
• Drive balance sheet and capital efficiency via effective partnership with Corporate Treasury, Finance, and Accounting Policy
• Manage expenses while ensuring optimal resourcing to foster growth, and in the process achieve cost-efficient and responsible scaling of the FICC business
• Partner with the Financial Resource Management team on funds transfer pricing, balance sheet allocation, and broker-dealer capital initiatives
• Continuously improve risk governance and control processes to ensure FICC is in full compliance with regulatory requirements and U.S. Bank company policies