PFMAM Director - Minnesota

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 DescriptionPFM Asset Management (PFMAM), a division of U.S. Bancorp Asset Management (USBAM), is seeking a Director of Institutional Sales & Relationship Management to lead and expand its Minnesota and Upper Midwest business. This senior leadership role is responsible for driving asset growth, strengthening relationships across public sector and institutional clients, and overseeing a high-performing team of business development officers and relationship managers. The Director will play a key role in shaping regional strategy, advancing multi-product solutions (including liquidity, SMA, and OCIO), and partnering with cross-functional and executive leadership to support long-term growth.Key ResponsibilitiesLead, coach, and develop a team of institutional sales and relationship management professionals, establishing clear performance expectations and fostering a high-performing, client-focused cultureDevelop and execute regional sales and growth strategies aligned with firm objectives, with accountability for revenue generation, asset growth, and market penetrationIdentify, qualify, and pursue new business opportunities while expanding and retaining an established client baseServe as a senior relationship manager for key institutional clients and strategic prospects, including public entities, and lead high-impact presentations to governing boards and investment committeesLeverage deep knowledge of PFMAM’s investment capabilities (LGIPs, SMA, OCIO, liquidity solutions) to deliver tailored solutions and support client needsOversee pipeline management, including tracking, forecasting, and performance reporting, while ensuring disciplined sales practices across the teamPartner with investment, product, marketing, client service, and operations teams to ensure seamless client onboarding, delivery, and ongoing relationship managementEnsure adherence to compliance, legal, and risk standards, including supervisory responsibilities where applicableRepresent PFMAM at industry events, conferences, and client forums to strengthen brand presence and develop relationshipsProvide market insights and client feedback to inform product development, marketing strategy, and thought leadership initiativesBasic Qualifications- Typically a bachelor's degree or equivalent experience- Experience in portfolio management, sales, marketing, or relationship management with institutional clients (Business to Business environment)- Must be FINRA series 6 or 7, 63 licensed or complete 6 or 7, 63 testing within 90 days of start date- Typically has 10 or more years of experiencePreferred Skills/Experience5+ years of people leadership or team management experienceExtensive experience working with public sector clients, particularly Minnesota local governmentsStrong knowledge of institutional asset management solutions, including LGIPs, fixed income, SMA, and OCIOProven track record of leading teams to achieve revenue and asset growth targetsDemonstrated success operating in a matrixed organization and influencing cross-functional partnersExcellent presentation, communication, and executive presenceStrong analytical, strategic thinking, and problem-solving skillsCFA designation and/or MBA preferredFINRA Series 24 (or the ability to obtain) strongly preferred for supervisory responsibilitiesThe role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. 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 insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawReview 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-VerifyU.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 the E-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: $141,210.00 - 172,590.00U.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.SummaryLocation: Minneapolis, MNType: Full time