Head of Strategic Finance & Resource Allocation

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. Bank is seeking a Head of Strategic Finance & Resource Allocation, a senior executive to build and lead enterprise capability for forward-looking financial strategy and resource allocation decisions. This role provides decision support that guides strategic priorities, aligns investment choices with long-term value creation, and partners to ensure capital and resources are deployed against the enterprise’s highest-priority opportunities. 

Essential Functions 

• Frame and influence enterprise trade-offs across capital, cost structure, and growth investments, serving as trusted counsel on MC- and BOD-ready decision inputs and narratives.
• Guide enterprise capital allocation and resource allocation analysis across growth, cost, risk, and balance sheet priorities, extensively partnering with relevant stakeholders. 
• Provide forward-looking enterprise decision support to guide strategic priorities, resource deployment, and executive decision-making. 
• Leverage enterprise quantitative models, scenario analysis, sensitivity analysis, and external risk perspectives to inform assumptions, options, and recommendations. 
• Deliver flexible and agile analytics solutions deployed to priority strategic problems, investment decisions, and emerging strategic questions. 
• In concert with Enterprise Strategy, provide strategic financial partnership to guide strategic initiatives and enterprise decision forums. 
• Deliver MC- and BOD-ready competitive and strategic financial insights, decision framing, executive materials, and recommendations that clarify choices, trade-offs, and implications.
• Synthesize competitive performance, market intelligence, economic context, and external risk perspectives into enterprise strategic insight.
• Translate external and competitive insight into capital allocation, enterprise trade‑offs, and strategic priorities.

What Success Looks Like 

• Trusted decision partner to the Managing Committee, CFO, and CEO — extending influence of Corporate FP&A on enterprise and BOD matters
• Forward-looking, scenario-based decision support is consistently used to guide enterprise priorities and leadership decisions. 
• Resource allocation choices are transparent, strategy-aligned, and grounded in clear trade-off analysis. 
• Executive teams spend more time making decisions and less time reconciling assumptions, options, or financial implications. 
• Priority strategic questions receive timely, agile analytics support that clarifies choices and accelerates action. 
• Competitive and external insight are embedded enterprise strategic choices that clearly connect strategy, financial outcomes, risks, and recommended actions. 

Preferred Skills/Experience

• Deep financial analysis, enterprise FP&A, capital allocation, and resource allocation expertise. 
• Strong executive decision-framing skills, including the ability to translate complex analysis into clear choices, trade-offs, and recommendations. 
• Experience leveraging scenario modeling, sensitivity analysis, stress testing, and external risk perspectives to inform strategic decisions. 
• Strategic vision and enterprise orientation, with the judgment to balance growth, cost, risk, and balance sheet priorities. 
• Proven ability to build collaborative relationships across Finance, Enterprise Strategy, business lines, and executive leadership forums. 
• Strong communication and executive presence, including experience developing MC- and BOD-ready materials. 
• Demonstrated ability to build, lead, and scale high-performing analytical teams. 
• MBA, CFA, or equivalent advanced finance, strategy, or quantitative credentials. 
• Experience spanning both strategy and finance, ideally in an enterprise or corporate finance leadership capacity. 
• Experience leading capital allocation, strategic finance, or resource allocation functions at a large financial institution. 
• Familiarity with bank balance sheet dynamics, regulatory expectations, economic outlooks, and enterprise risk considerations. 

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:

• 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

Review our full benefits available by employment status here.

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

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.

Posting may be closed earlier due to high volume of applicants.