Head of Faster & Unified Payables

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

SUMMARY
The Head of Faster and Unified Payables will lead product strategy, commercialization, and business performance for U.S. Bank's Unified Payables offering and its instant payments portfolio. Unified Payables is a joint Treasury and Payment Solutions (TPS) and Corporate Payment Systems (CPS) priority. Its goal is to give middle-market clients one integrated, intelligent experience to manage, control, and optimize their payables from invoice through reconciliation.

This leader will be the dedicated product voice for Unified Payables. Responsibilities include defining the product construct and minimum viable offering, leading pricing and packaging, and working with Sales, Strategy, Technology, Operations, and Risk partners to bring differentiated solutions to market at pace. The role also leads the Faster Payments product team and is accountable for growing RTP® and FedNow® Service capabilities and advancing emerging digital payables solutions. This role requires strong vision, decisive execution, and the ability to lead independently in senior forums across business lines.

RESPONSIBILITIES

Unified Payables Strategy and Product Ownership.
- Own the Unified Payables product vision, roadmap, and success measures with CPS product leadership. Tie them to measurable client outcomes: working capital and days payable outstanding (DPO) optimization, straight-through processing, faster reconciliation, and paper-to-electronic conversion.
- Define the product construct, minimum viable offering, and target-state capabilities across AP workflow, ERP and accounting connectivity, supplier enablement, multi-rail payment execution and orchestration, controls, reconciliation, and data-driven insights, informed by client research and voice-of-customer findings.
- Manage the full product lifecycle. Combine existing TPS and CPS capabilities, such as supplier payment optimization, supplier management and assurance, virtual card, and a common client access point, into one coherent offering, and rationalize, or retire overlapping products and platforms.
- Lead build, buy, and partner analysis and the evaluation of fintech and vendor partners. Develop business cases, opportunity sizing, and investment requests with Strategy and Finance.

Commercialization, Pricing and Go-to-Market
- Own the P&L for Unified Payables and instant payments, including revenue, profitability, pricing, and investment prioritization. Set and report key performance indicators to senior leadership, including client acquisition, cross-sell penetration, wallet share, and adoption.
- Lead product packaging, bundled pricing, and contracting with Pricing, CPS, and Legal partners, and secure governance approvals. Partner with Sales to launch and scale cross-sell campaigns across the TPS and CPS client bases, equipping sellers with positioning, sales plays, and training.
- Build supplier acquisition, enablement, and retention strategies to grow electronic and card acceptance across the supplier network.

Emerging and Faster Payments Portfolio
- Lead the instant payments portfolio (RTP and FedNow) as a business. Grow client adoption and the use case pipeline, and deliver a commercialization and modernization roadmap with a consistent client experience across instant payment rails, partnering with sales, product, and embedded payments teams across U.S. Bank.
- Identify, evaluate, and incubate emerging payables capabilities and partnerships, and represent U.S. Bank with clients, partners, payment networks, and industry bodies.
Risk, Controls and Governance
- Make sure products operate within U.S. Bank's risk appetite and comply with applicable federal and state laws, regulations, and payment network operating rules. Manage product, vendor, and partner risk through established enterprise processes, including PRISM, BCI, and third-party risk management (TPRM), and coordinate legal review of all supporting collateral and documentation.
- Build fraud prevention, controls, and audit readiness into product design and client experiences from the start.

People Leadership
- Lead, coach, and develop a team of product managers. Set clear ownership, priorities, and performance expectations, build talent and succession depth, and create a culture of accountability, pace, and collaboration across TPS, CPS, and partner organizations.
- Represent the portfolio in senior leadership forums, steering committees, and product governance routines, and make and drive decisions independently.

BASIC QUALIFICATIONS

- Bachelor's degree, or equivalent work experience.
- Typically 10 or more years of product management experience.

PREFERRED SKILLS/EXPERIENCE

- Product leadership experience in accounts payable automation, integrated payables, commercial card, treasury management, or B2B payments at a financial institution, fintech, or payments software provider.
- Proven record of bringing new products or bundled solutions to market, including solution design, pricing, packaging, and go-to-market execution.
- Strong knowledge of payment rails (ACH, wires, check, virtual card, RTP, and FedNow) and of ERP and accounting system integration.
- Technical fluency in payments platforms, APIs, and embedded payments, with the ability to work closely with Engineering on platform architecture and integration design.
- Experience applying AI and automation to accounts payable workflows, such as invoice capture, exception handling, and payment optimization.
- Experience leading build, buy, and partner decisions and managing strategic vendor and fintech partnerships.
- Demonstrated management, leadership, and coaching skills, including leading teams of product managers.
- Ability to collaborate and influence at a senior level across multiple business lines and functions.
- Strong financial and competitive analysis skills, including business case development and product profitability management.
- Experience applying client research, personas, and experience design to product decisions.
- Working knowledge of Lean/Agile product delivery.
- Thorough knowledge of the regulatory, risk, and network rule requirements that apply to payments products.
- Excellent verbal and written communication and executive presentation skills.

LOCATION EXPECTATIONS

- This role requires working onsite from a U.S. Bank location three or more days per week.

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: $170,255.00 - $200,300.00

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.