PCS Finance Director

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 finance leader will serve as a leader for our consumer and small business credit card segment within Payments. The role will provide strategic and financial leadership across the full credit card P&L, translating business performance, customer economics, market dynamics, and investment choices into clear recommendations that drive sustainable growth and attractive risk-adjusted returns.

The leader will partner closely with the General Manager in Product, Marketing, Risk, Credit, Operations, Technology, and other enterprise stakeholders to shape portfolio strategy, improve performance, and maintain strong financial governance. The position requires strong credit card finance expertise, strong executive communication, and the ability to influence cross-functional decisions in a complex and rapidly evolving payments environment.

Key Responsibilities

• Lead finance strategy, planning, forecasting, and decision support for Proprietary consumer and small business credit card products.
• Own financial performance management across revenue, balances, net interest income, interchange, fees, rewards, marketing, credit losses, fraud, servicing, and operating expenses.
• Develop annual plans, rolling forecasts, long-range outlooks, and scenario analyses; identify key drivers, risks, opportunities, and management actions.
• Build and evaluate business cases for new products, product refreshes, rewards propositions, pricing changes, marketing offers, digital capabilities, and other strategic investments.
• Apply rigorous financial modeling to assess return on investment, net present value, payback, customer lifetime value, cohort economics, and risk-adjusted returns.
• Partner with Product, Marketing, and Distribution leaders to improve acquisition, activation, engagement, spend, revolving balances, retention, and relationship deepening.
• Partner with Risk and Credit leaders to balance growth and profitability with credit quality, loss expectations, underwriting strategy, and established risk appetite.
• Evaluate portfolio performance by product, customer segment, channel, geography, and vintage; recommend actions to improve growth, profitability, and capital efficiency.
• Establish measurement frameworks for strategic initiatives and test-and-learn activity, including clear baselines, attribution methods, performance targets, and post-implementation reviews.
• Prepare concise, executive-ready insights and recommendations for senior business and finance leadership, clearly communicating trade-offs and required decisions.
• Maintain strong financial controls, data governance, documentation, and reporting practices that support accurate, timely, and auditable results.
• Lead the adoption of AI-enabled solutions to simplify processes, automate routine activities, enhance predictive and analytical capabilities, and improve the speed, quality, and business impact of financial decision-making.
• Lead, coach, and develop a high-performing finance team while fostering accountability, collaboration, curiosity, and strong business partnership.

Basic Qualifications

• Bachelor’s degree in finance, accounting, economics, business, or a related field, or equivalent work experience.
• 13 or more years of relevant financial management experience.
• Five or more years of leadership or management experience.
• Demonstrated experience leading complex financial planning, forecasting, performance management, and strategic decision support.

Preferred Skills and Experience

• Deep knowledge of consumer lending, payments, and credit card economics, including net interest margin, interchange, fees, rewards, acquisition costs, credit losses, fraud, and servicing.
• Experience supporting proprietary consumer and small business card portfolios and related product, pricing, marketing, or distribution strategies.
• Advanced financial modeling and valuation skills, including discounted cash flow, NPV, IRR, sensitivity analysis, scenario planning, and cohort or customer economics.
• Strong understanding of FP&A, portfolio profitability, investment prioritization, balance sheet management, and risk-adjusted performance measures.
• Experience partnering across Product, Marketing, Risk, Credit, Operations, Technology, Accounting, and Data or Analytics teams.
• Experience with rewards economics and liability methodologies, including earn, redemption, breakage, expiration, and product-level allocation.
• Strong command of financial systems, analytical tools, dashboards, and large data sets; experience with Essbase or similar planning platforms is beneficial.
• Excellent executive communication and influencing skills, with the ability to simplify complex analyses and frame clear choices for senior leaders.
• Proven success managing multiple priorities, operating effectively through ambiguity, and delivering high-quality work under tight deadlines.
• MBA, CPA, CFA, or other relevant advanced degree or professional designation is preferred.

Location Requirements

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.

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 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: $149,515.00 - $175,900.00

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.