Payments Business Line Controller

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

This is an exciting new role to the enterprise at U.S. Bank and is part of the finance transformation initiative. The goal with this role is to establish a trusted leader who will be responsible for the following duties with respect to the Payments business line:

• Line of business (LOB) financial operations accounting and reporting
• Prepare and review LOB financial statements in support external reporting, business reviews, and regulatory reporting
• Transaction processing oversight including settlement accounting
• Deal evaluation and support of M&A with a focus on accounting impacts
• Routine financial reporting including, but not limited to, daily volumes, outstanding balances, merger related costs, business driven reserves, etc.
• LOB month-end close accounting and related reporting compilation
• Understand Company allocation results (e.g., FTP, revenue, and expense sharing)
• Ensure control environment is appropriate and operating effectively
• Serve as a data steward for financial data (works with data owner)
• Account owner for certain LOB accounts (reserves)
• Coordinate across Finance with LOB CFO's, External Reporting, Corporate Accounting, Financial Risk Management, and others

This role will be included as a member of the broader business line controller team and will report to the Director of Business Line Controllers. There are many senior domestic and European stakeholders this leader will be collaborating with including Business Line Leaders, Operations, Risk, and the Payments CFO. This leader will be building a team up to twenty plus professionals. There could be approximately 20% travel during the team building phase with less in future years.

SKILLS PROFILE

Transformation

• Drive innovation and transformation

Influence

• Proven ability to execute results across multiple stakeholders and strategic priorities through excellent leadership in action

Collaboration

• Highly collaborative in style, drives results with purpose, speed, and agility, delivering against organization and business specific needs, while championing a broader One U.S. Bank approach
• Drive solutions-oriented leadership to meet the objectives of all stakeholders

Problem Solving, Strategic Thinking & Curiosity

• Strategic thought leader that proactively responds to changing business needs and objectives, while considering implications of business or people related decisions and actions

Leadership

• Strong verbal and written communication skills, with the ability to effectively build and articulate messages with story-telling technics and detailed

Basic Qualifications

• Bachelor's degree in accounting or equivalent work experience
• Fifteen or more years of accounting experience
• Minimum of ten years of management and leadership experience

Preferred Skills/Experience

• Experience in Payments, Corporate/Retail Card Programs, Merchant Processing, and FX/non-US considerations is highly recommended
• Thorough knowledge of GAAP and internal control/risk programs such as SOX
• Audit experience in a Big 4 Local Large CPA firm is a plus
• Thorough knowledge of applicable financial laws, regulations, and reporting requirements
• CPA preferred

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 (some may vary based on role, location or hours):

• 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

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.

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 - $220,330.00

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.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.