Head Of Financial Reporting Jobs (NOW HIRING)

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Job Description

The Head of Financial & Regulatory Reporting is responsible for leading the strategy, governance, execution, and transformation of financial, regulatory, client, and management reporting across Investment Services. This executive leader is responsible for delivering accurate, timely, and compliant reporting while ensuring strong risk management, operational controls, and regulatory adherence.

The role partners closely with Operations, Finance, Risk, Compliance, Legal, Audit, Technology, Tax and senior business leaders to deliver reporting that supports business decisions, regulatory obligations, and client commitments. The leader will also be accountable, in conjunction with Transformation, for modernizing the reporting operating model through process simplification, automation, data governance, and the strategic utilization of global resources.

A key component of this role is providing leadership and governance across both domestic and offshore teams while advancing the Operating Model Transformation strategy. The successful candidate will balance operational excellence, regulatory rigor, talent leadership, and strategic transformation to build a scalable and sustainable reporting organization.

Essential Functions:

Financial & Management Reporting

• Own end-to-end production and delivery of client financial reporting deliverables across Investment Services, ensuring accuracy, timeliness, quality, and adherence to client commitments.

• Establish clear accountability, controls, and governance across reporting processes from data intake through final client delivery.

• Partner with Operations, Finance, Technology, and business leaders to support reporting execution, issue resolution, and continuous improvement.

Regulatory Reporting & Governance

• Ensure regulatory reporting obligations are completed accurately, timely, and in accordance with all applicable regulatory and corporate requirements.

• Maintain robust governance, controls, and procedures supporting financial and regulatory reporting activities.

• Serve as a key partner during regulatory examinations, audits, risk assessments, and compliance reviews.

• Monitor emerging regulatory requirements and proactively implement necessary reporting and control enhancements.

• Establish clear accountability for reporting accuracy, issue management, and remediation activities.

Risk Management & Controls

• Lead the reporting control environment, including reconciliations, certifications, attestations, and reporting governance processes.

• Ensure compliance with enterprise risk, control, and operational excellence standards.

• Drive timely resolution of reporting exceptions, control gaps, audit findings, and regulatory matters.

• Promote a culture of accountability, transparency, and operational discipline.

Global Operations & Offshore Leadership

• Lead a geographically dispersed reporting organization consisting of onshore and offshore teams.

• Establish performance standards, governance structures, and service-level expectations across global reporting functions.

• Ensure effective workforce planning, capacity management, talent development, and succession planning across locations.

• Drive knowledge transfer, cross-training, and operational consistency between domestic and offshore teams.

• Partner with enterprise shared services leaders to maximize effectiveness, resiliency, and scalability of global reporting operations.

Operating Model Transformation

• Develop and execute a long-term Operating Model Transformation strategy to simplify, standardize, and optimize reporting activities across the organization.

• Identify opportunities to migrate, standardize, and optimize reporting processes where appropriate while maintaining strong controls and service quality.

• Partner with Transformation, Technology, and Operations teams to implement scalable solutions that reduce operational risk and improve efficiency.

• Lead organizational change initiatives associated with process redesign, automation, workforce transformation, and operating model evolution, in conjunction with Transformation.

• Establish metrics and governance to measure effectiveness, service quality, and business outcomes associated with transformed operating model capabilities.

Data, Technology & Continuous Improvement

• Champion reporting modernization through automation, AI-enabled capabilities, workflow optimization, and advanced analytics.

• Partner with Technology and Data Management teams to improve reporting platforms, data quality, lineage, and governance practices.

• Drive continuous improvement initiatives focused on simplification, standardization, efficiency, and scalability.

• Leverage data insights to identify trends, risks, and opportunities for business improvement.

Leadership & Talent Development

• Lead, coach, and develop a team of managers and reporting professionals.

• Build a high-performing culture focused on accountability, collaboration, innovation, and client service.

• Drive succession planning and leadership development across the organization.

• Foster an inclusive environment that attracts, retains, and develops top talent.

It is the individual responsibility of every employee to maintain a current awareness and understanding of and to fully comply with U.S. Bancorp's "Code of Ethics". Each employee is also expected to maintain an awareness of the laws, regulations, internal policies and procedures that are appropriate for his/her position.

Required

Bachelor's degree in Accounting, Finance, Business, Economics, or related field.

12+ years of progressive leadership experience in financial reporting, regulatory reporting, fund accounting, finance, operations, or related financial services functions.

Significant experience leading managers and multi-functional teams.

Strong understanding of financial controls, governance frameworks, risk management, and regulatory environments.

Demonstrated success leading large-scale operational, technology, or process transformation initiatives.

Exceptional executive communication and stakeholder management skills.

Preferred

CPA, CFA, MBA, or other advanced financial designation.

Experience supporting asset servicing, fund services, custody, trust, asset management, or investment operations businesses.

Experience leading global organizations and offshore operations.

Experience implementing shared services, global operating models, or operating model transformation strategies.

Knowledge of reporting automation, business intelligence platforms, and data governance frameworks.

Leadership Competencies

• Strategic Leadership

• Enterprise Influence & Collaboration

• Financial & Business Acumen

• Risk & Control Discipline

• Client-Centric Leadership

• Change & Transformation Leadership

• Talent Development

• Operational Excellence

• Innovation & Continuous Improvement

Success Measures

• Accuracy, timeliness, and quality of financial and regulatory reporting.

• Successful regulatory examinations, audits, and control outcomes.

• Achievement of operational efficiency and reporting transformation objectives.

• Increased automation and simplification of reporting processes.

• Effective utilization and integration of offshore capabilities within the broader Operating Model Transformation strategy.

• Strong employee engagement, talent retention, and succession readiness.

• Delivery of actionable business insights that support Investment Services growth, profitability, and strategic priorities.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability 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 theE-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.