Liquidity Risk Manager Jobs in Illinois (NOW HIRING)

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

At U.S. Bank, Product Managers are customer-focused leaders who drive product vision, strategy, and execution to deliver meaningful client and business outcomes.

As a Treasury Product Manager within Treasury & Payment Solutions, you will lead and evolve a portfolio of liquidity and account management solutions, including Liquidity Manager, Zero Balance Accounts (ZBAs), and Focal Point Plus. This role is responsible for optimizing existing capabilities, enhancing client experience, and supporting growth across key treasury products.

Key Responsibilities

• Own and manage a portfolio of treasury products, including Cash forecasting and Zero Balance Accounts

• Partner with Sales, Relationship Managers, and clients to understand needs and identify enhancement opportunities

• Define and execute product strategy, roadmap, and priorities aligned to business goals

• Drive product lifecycle management from enhancements and releases through ongoing optimization

• Support go-to-market strategies, including positioning, training, and sales enablement

• Partner with technology, operations, and risk teams to deliver product enhancements and maintain strong controls

• Monitor product performance & financials, client adoption, and client feedback to inform improvements

• Lead issue resolution and coordinate with internal and external partners (including vendors where applicable)

• Identify opportunities to streamline processes and improve client and internal user experience

• Ensure alignment with regulatory, risk, and compliance requirements

Basic Qualifications

• 5-7 years of product management experience, preferably in financial services or treasury products

Preferred Qualifications & Skills

• Experience with treasury products, including liquidity and account structures (e.g., ZBAs)

• Familiarity with liquidity management solutions or treasury platforms

• Strong partnership and stakeholder management skills across sales, product, and technology teams

• Ability to translate client needs into clear product priorities and solutions

• Strong communication and presentation skills

• Experience supporting product enhancements, releases, client implementations and commercialization with customers

• Knowledge of Agile ways of working and product development lifecycle

• Understanding of risk and controls in a financial services environment

• Strong problem-solving and execution-oriented mindset

Preferred Experience Areas

• Product strategy and roadmap development

• Treasury and liquidity solutions

• Client engagement and discovery

• Go-to-market and sales partnership

• Operational efficiency and process improvement

• Product performance tracking and optimization

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: $119,765.00 - $140,900.00

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.