U

U.S. Bank

Runs a national bank and processes card payments

Product Manager

Full-TimeUpdated on 10/19/2026Deadline 10/26/26
$105.4k - $124k+ Equity stock purchase + 401(k) contribution + Pension
Mid
Chicago, IL, USA+2 moreMore locations: Minneapolis, MN, USA | Cincinnati, OH, USA
In Person
ProductTechnical Product Management

About the job

Requirements
  • Ability to identify, analyze, and interpret business data using various techniques to meet business needs and requirements.
  • Ability to establish product vision, charter, and roadmap and prioritize product and portfolio opportunities.
  • Ability to define product outcomes and Objectives and Key Results (OKRs), prioritize features and epics, and break work into actionable steps across product discovery, design, development, and delivery.
  • Ability to manage the end-to-end product lifecycle and product roadmap using OKRs.
  • Ability to work with agile, experience design, technology, and risk partners to deliver business and customer outcomes.
  • For technical products, understanding of technical features, debt reduction, modernization, and the technology required by the product.
Responsibilities
  • Shape how commercial and corporate clients connect with Data Integration products and solutions.
  • Work directly with clients, partner with developers, influence product decisions, and coordinate across stakeholders.
  • Identify, analyze, and interpret business data using various techniques to meet business needs and requirements.
  • Connect customer experience, digital, technology, and business line strategy to identify and prioritize product and portfolio opportunities, and establish product vision, charter, and roadmap.
  • Define product outcomes and Objectives and Key Results (OKRs), prioritize features and epics, and break work into actionable steps for product discovery, design, development, and delivery.
  • Manage the end-to-end product lifecycle and drive the product roadmap using OKRs.
  • Create products in conjunction with agile, experience design, technology, and risk partners to achieve business and customer outcomes.
  • For technical products, understand and care for technical features, debt reduction, and modernization, applying expertise in the technology required by the product.
Desired Qualifications
  • Expertise in critical interdependencies among product model system elements that help or hinder performance, and ability to plan and design synchronized solutions using business metrics, key performance indicators, design systems, service blueprints, and reusability.
  • Ability to anticipate shifting market priorities and internal and external customer needs in ways that add value.
  • Customer-centricity strategies and techniques to ensure positive customer experiences with products and services at every touch point.
  • Knowledge of technical aspects of software products and ability to design, configure, and integrate them.
  • Knowledge of Agile ways of working and risk management processes, tools, and techniques, and ability to apply risk management appropriately in diverse situations.
  • Product P&L, product strategy, vision and planning, product discovery, product development, channel alignment and management, adoption, customer experience research, insight and execution, Agile ways of working, go-to-market and sales channels, performance measurement and optimization, marketing and analytics, and customer centricity.

About the company

U.S. Bank is one of the largest banks in the United States, serving consumers, small businesses, corporations, and government agencies with banking, lending, payments, and wealth management. Its Elavon subsidiary is one of the world's biggest processors of card payments for merchants, handling sales in the United States, Canada, and Europe. People and small businesses use its branches and mobile app for checking, savings, credit cards, mortgages, and loans, while companies use it for corporate cards and cash management, and the bank earns money from loan interest and fees. U.S. Bank received national bank charter No. 24 in 1863, under President Abraham Lincoln, and is based in Minneapolis as the main subsidiary of U.S. Bancorp.

Company Size

10,001+

Company Stage

IPO

Headquarters

Minneapolis, Minnesota

Founded

1863

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Simplify's Take

What believers are saying

  • Profits are climbing: net income rose 20% to $2.2 billion in the June 2026 quarter on record $7.7 billion revenue.
  • Room to grow: U.S. Bank listed 1,285 open roles in October 2026, led by 512 in branch banking.
  • Stability has a track record: U.S. Bancorp stayed profitable through the 2008 financial crisis, earning $2.9 billion that year.

What critics are saying

  • Its card-processing arm is slowing: after losing European sales partners, merchant revenue grew just 2.3% in the June 2026 quarter.
  • Headcount keeps falling: U.S. Bancorp's staff shrank 12% in three years, to 68,520 by December 2025.
  • Expect three office days a week: since March 2024, attendance counts in performance reviews for staff near its hub offices.

What makes U.S. Bank unique

  • Payments is unusually big for a bank: card issuing, merchant processing and corporate payments made 23% of revenue in mid-2026.
  • Washington pays with its cards: only U.S. Bank and Citibank issue federal SmartPay cards, about $40 billion a year.
  • Amazon chose it over American Express: U.S. Bank began issuing Amazon's small business credit cards in May 2026.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • Paid Vacation
  • Paid Holidays
  • Adoption Assistance
  • Paid Sick Leave

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Global Partners LP (NYSE: GLP) extended the maturity of its principal credit facility by more than three and a half years, from March 20, 2028 to October 16, 2031. The partnership amended the agreement on October 16, 2026. The facility keeps its $1.0 billion working capital commitment and $500 million revolver commitment, for $1.5 billion in total. The interim working capital commitment was cut to $0. Three lenders exited: Toronto-Dominion Bank, New York Branch, KeyBank, and ING Capital. TD Bank, PNC Bank, U.S. Bank, and Valley National Bank joined. Bank of America remains administrative agent. Global Hampton 95 Development LLC joined as a guarantor, pledging substantially all personal property as collateral.

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Oct 16th, 2026
Updation teams up with US Bank to modernise dealership payments with real-time options

U.S. Bank and Updation, an AI-powered accounts payable and vendor management platform for car, truck, RV, and powersports dealerships, have announced a collaboration to streamline dealers' payments and financial operations. Updation will use U.S. Bank Embedded Payment Solutions, including a for-benefit-of (FBO) account structure. Funds are held and moved within a bank-managed framework, which adds controls and means Updation does not directly handle customer funds. Updation clients can move beyond certified checks to options such as real-time payments. "That creates a faster, more efficient payment experience for dealerships," said Joe Voica, head of embedded payments at U.S. Bank. Updation chief executive officer Layton Judd said the deal brings accounting intelligence, workflow, and payments into one platform.

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Oct 5th, 2026
MGE Energy extends credit facility to 2031, boosts commitment to $210M

MGE Energy and its subsidiary Madison Gas and Electric announced on 5 October 2026 that they amended and restated three revolving credit agreements, extending maturity dates to 1 October 2031. The amendments include options for up to two additional one-year extensions, potentially pushing maturity to 2033. The MGE JPMorgan Chase credit facility's aggregate commitments increased from $90 million to $210 million. MGE Energy can borrow revolving funds and request letters of credit up to $50 million, with the option to seek an additional $25 million. Madison Gas and Electric's agreement with U.S. Bank National Association permits revolving borrowings up to $40 million. The agreements require borrowers to maintain a consolidated indebtedness to consolidated total capitalisation ratio not exceeding 65%. These amended agreements replace the original credit agreements established on 8 November 2022.