U

U.S. Bank

Runs a national bank and processes card payments

TPS Strategy and Transformation Leader

Full-TimeUpdated on 10/23/2026Deadline 10/30/26
$149.5k - $175.9k+ Equity stock purchase + 401(k) contribution + Pension
Expert
Bachelor's, Master's
Minneapolis, MN, USA+1 moreMore locations: Atlanta, GA, USA
In Person
Business & StrategyCorporate Strategy

About the job

Requirements
  • Twelve or more years of experience in corporate strategy, enterprise strategy, or management consulting, supporting complex business and transformation agendas.
  • Experience in financial services, banking, payments, fintech, or a closely related industry.
  • Exceptional quantitative and analytical problem-solving skills.
  • Ability to develop executive-level narratives and communicate complex strategic recommendations clearly to senior leaders.
  • Excellent oral and written communication skills and ability to work effectively in cross-functional teams.
  • Strong leadership, stakeholder-management, and influencing skills, including the ability to operate effectively without direct authority.
  • Strong understanding of financial concepts, operating models, capital-allocation considerations, and industry and payments trends.
  • Ability to organize and prioritize critical issues to support timely and effective decision-making.
  • Experience coaching and developing junior talent, including team members who may not report directly, while overseeing high-priority projects.
Responsibilities
  • Own and lead a portfolio of business-wide strategic projects requiring cross-PMI collaboration.
  • Drive high-growth initiatives focused on increasing fee revenue and market share.
  • Develop trusted partnerships with senior leaders and collaborate with internal and external stakeholders.
  • Partner with Business Insights to conduct market and sector scans, industry trend analysis, and external benchmarking to identify disruptive forces.
  • Connect the dots across businesses to deliver optimal solutions to clients.
  • Lead the development of executive-level strategy narratives, deliverables, and analyses with TPS and PMI leadership, covering long-term value creation, strategy reviews, capital allocation, investment priorities, risk, competitive threats, and restructuring needs.
  • Develop insight-driven strategy narratives for executive audiences.
  • Translate complex strategic issues and analytical findings into concise recommendations that enable executive decision-making.
  • Lead annual and multi-year strategic planning activities, including Horizon 2 and Horizon 3 planning, aligned with enterprise and PMI priorities and capital-allocation parameters.
  • Manage a portfolio of strategic bets, including divestitures, new-market entry, adjacencies, and business-model innovations.
  • Identify growth opportunities across market expansion, customer segmentation, value-based pricing, new-product strategy, ecosystem partnerships, and line-of-business growth.
  • Develop a repeatable product-commercialization framework that supports initiatives from incubation through launch.
  • Partner with senior leaders to evaluate portfolio choices and translate long-range strategy into executable priorities.
  • Collaborate with the PMI CAO organization, Enterprise Strategy, Finance, Corporate Development, and business leaders to develop M&A theses, diligence frameworks, and integration strategies.
  • Assess build, buy, and partner options based on strategic fit and potential synergies, in partnership with Finance.
  • Represent TPS in strategic discussions involving potential M&A, partnership, and bolt-on opportunities.
  • Ensure the TPS operating model supports strategic priorities through effective governance, clear decision rights, and measurable KPIs.
  • Use OKRs selectively to translate strategy into measurable outcomes.
  • Partner with senior leaders across TPS, PMI, Enterprise Strategy, Corporate Development, and Finance to shape growth priorities, strategic investments, and transformation initiatives.
  • Influence decisions and advance complex initiatives across organizational boundaries without relying on direct reporting authority.
  • Develop and refine executive communications, strategic presentations, and recommendations for senior-leadership and governance forums.
  • Coach and guide analysts and junior team members supporting strategic initiatives, whether or not they report directly to the position.
Desired Qualifications
  • An undergraduate or graduate degree in Economics, Finance, Mathematics, Engineering, or a related field.
  • Experience in corporate or enterprise strategy within a bank or other financial-services organization.
  • Experience in a top-tier strategy-consulting environment.
  • Experience applying data analysis to solve business problems in fast-paced environments.
  • Cross-functional collaboration experience, including influencing stakeholders and working with diverse teams.
  • Experience advising senior leaders on growth strategy, market entry, product launches, partnership evaluations, portfolio choices, and operating-model design.
  • Experience applying structured problem-solving and design-thinking methods to strategic priorities.
  • Ability to gather, analyze, and present data, including financial modeling and industry research, to senior executives.
  • Experience developing strategic presentations and executive narratives for internal and external audiences.
  • Experience monitoring industry trends and sharing relevant insights across teams.
  • Experience collaborating across functions and businesses to deliver client-focused solutions.
  • Experience shaping three- to five-year business strategies, defining growth opportunities, and identifying sources of competitive advantage.
  • Twelve or more years of experience in corporate strategy, enterprise strategy, or top-tier management consulting.
  • A background combining strategy experience with knowledge of banking, financial services, or payments is strongly preferred.
  • Experience from a leading strategy-consulting firm is highly valued.
  • Proven experience in strategy formulation, market insights, portfolio strategy, and growth strategy.
  • Demonstrated ability to lead significant strategic initiatives and manage senior stakeholders in a complex, matrixed organization.
  • Ability to combine rigorous analysis with clear executive storytelling and practical execution.

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

Get referred to U.S. Bank

See people who can refer or advise you

Simplify Jobs

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.

Help us improve and share your feedback! Did you find this helpful?

Benefits

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

Company News

Sina Hong Kong
Oct 22nd, 2026
Watsco signs $750M five-year unsecured credit facility, extending existing revolver

Watsco, the largest distributor in the North American HVAC market, has signed a $750 million unsecured senior revolving credit facility. Bank of America led the deal, joined by JPMorgan Chase, PNC Bank, Wells Fargo, U.S. Bank and five other banks. The five-year facility amends and extends Watsco's existing credit line. An initial draw repaid $69.7 million owed under the prior facility. Further borrowings will fund working capital, acquisitions, dividends and other general purposes. The terms include more borrowing capacity, covenant flexibility and better fit with the seasonal nature of Watsco's working capital needs. "A committed source of low-cost debt is an important building block of our growth strategy," said Barry S. Logan, executive vice president.

Minichart
Oct 17th, 2026
Global Partners extends $1.5B credit facility maturity to 2031, swaps three lenders

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.

Business Wire
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.

Kizhakedath Media Services Pvt. Ltd.
Oct 13th, 2026
Renewables news: Clearway Energy, Tavion, Parapet, MetaWealth - GreentechLead

The latest renewable energy news includes announcements on Clearway Energy, Tavion, Parapet, MetaWealth, Battery Storage Expansion in Utah

Kalkine Media
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.