Assistant Vice President Operations Manager Wealth Reconciliations

About the role

Manages and leads reconciliation operations supporting U.S. Bank's Wealth businesses and products, with responsibility for multiple reconciliation process areas and teams with varying levels of experience. This role will be an important leader within a changing and evolving operating environment, helping bring teams and processes together while supporting strong financial controls and operational performance. The ideal candidate brings strong leadership experience, comfort navigating change and ambiguity, and relevant financial services experience.

Key Responsibilities

• Manage and develop teams responsible for reconciliation activities across Wealth and other assigned process areas.
• Oversee day-to-day reconciliation operations to ensure quality service, strong financial controls, and effective operational performance.
• Bring currently dispersed reconciliation processes together and help build a cohesive team across different experience levels.
• Partner with Wealth, Finance, Operations, Risk, and Technology on reconciliation needs and initiatives.
• Drive process improvement, standardization, simplification, and automation across reconciliation activities.
• Support ongoing technology and transformation initiatives, including the evolution of reconciliation processes and operating models.
• Identify operational concerns and opportunities and provide recommendations and direction as processes evolve.
• Ensure reconciliation activities comply with applicable accounting practices, policies, regulations, and FINRA requirements.

Basic Qualifications

• Bachelor's degree or equivalent work experience
• Typically five or more years of relevant experience

Preferred Skills/Experience

• Several years of leadership experience, including experience leading operational teams through significant change and transformation.
• Strong knowledge of accounting, reconciliation, and financial control practices.
• FINRA Series 99 registration, or ability to obtain within six months of hire.
• Knowledge of Wealth and/or broker-dealer operations, securities, or related financial services.
• Understanding of FINRA and applicable regulatory requirements.
• Experience with process improvement, standardization, and automation.
• Strong communication, project management, and stakeholder-management skills.
• Experience operating in a changing or ambiguous environment and helping shape future-state processes.
• Accounting experience and knowledge of syndications and related tax considerations.
• BlackLine experience.

Location Expectations

• This role requires working from a U.S. Bank location three (3) 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.