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Net Zero Transition Program Manager

U.S. Bancorp

U.S. Bancorp

Multiple locations
Posted on Monday, October 23, 2023

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 role is hybrid. Team members who are in a hybrid role typically spend three days a week at the listed U.S. Bank location(s), while having flexibility on their work location for the other working days. This position is not eligible for visa sponsorship.

The Environmental, Social and Governance (ESG) Program Office is part of U.S. Bank’s Corporate Social Responsibility Team and works to meet stakeholder expectations and set a strong standard amongst peers. The ESG Program Office team is responsible for delivering in three critical areas: (1) Enterprise-Wide ESG strategy, transformation, and integration (2) reporting and disclosures (3) external partnerships and engagement.

The Net Zero Transition Program Manager is responsible for partnering with client-facing banking teams, operational facilities management, risk and other colleagues to provide subject matter expertise to facilitate the development and execution of US Bank’s enterprise-wide net zero transition plan and operational road map.

This individual will have deep subject-matter expertise in climate science and scenario analysis coupled with practical engagement with various sector decarbonization approaches and how they intersect with corporate finance, risk management, financed emissions accounting and knowledge of sustainability/ESG-linked products. They will help define approaches to client engagement, reputational risk review and net zero progress alignment and advise banking teams in supporting clients on net zero financing strategies and specific commercial opportunities. The Net Zero Program Manager will have experience representing firms with major clients and outside parties, and demonstrated capacity for strategic leadership, exercising significant independent judgment and discretion and working towards strategic goals with limited oversight.

Essential Functions:

  • Net zero transition planning and execution: Supports Net Zero Strategy Working Group Lead and Head of ESG Program Office in developing and executing enterprise-wide net zero transition plan and operational roadmap, including serving as program manager for coordinating with consultants in strategic planning process and liaising with Business Lines, Reputation Risk, Climate Risk and other functions

  • Net zero data strategy and execution: Further operationalizing net zero target-setting and reporting processes for Scope 1, Scope 2 and Scope 3 commitments, with an initial focus on Scope 3 financed emissions commitments, including coordination with Climate Risk team, Corporate Real Estate Team and internal Technology teams for developing data systems and processes and ensuring for proper data governance

  • TCFD Report: Guiding data analyst in preparing data for annual Taskforce on Climate-related Financial Disclosures (TCFD) reporting in alignment with Partnership for Carbon Accounting Financials (PCAF) standards

  • Net zero commercial advisory support: Provides subject matter expertise in partnership with Business Lines, Reputation Risk and Climate Risk in development of client segmentation analysis, transition preparedness review and engagement strategies, as well as participation in transactional development and review

  • Corporate Real Estate advisory for Scopes 1 & 2: Partners with Corporate Real Estate Team to enhance strategy for meeting Scope 1 and Scope 2 emissions goals

  • Procurement: Partners with Procurement and data providers to develop Scope 3 (supply chain) emissions analysis and reporting processes

Basic Qualifications

  • Bachelor’s degree in earth sciences, engineering, sustainability, natural resource management, environmental economics, finance or other related field (master’s degree/MBA preferred).

  • Six (6) or more years of experience in climate science, decarbonization strategies, renewable energy infrastructure development or related industries (intersection with financial services or management consulting strongly preferred).

  • Work experience in in the practical application of greenhouse gas accounting methodologies

  • Practical experience with application of leading ESG reporting frameworks, including TCFD, PCAF, SASB, CDP, GRI and working knowledge of different data providers and sources (S&P, TPI, WBA, etc) and other impact reporting frameworks (IFC Performance Standards, Equator Principles, GIRS/IRIS, Impact Management Platform) and industry guidance (SBTi, etc)

  • Familiarity with ESG-linked financing structures and related international guidelines (Green Bond Principles, the Social Bond Principles, the Sustainability Bond Guidelines and the Sustainability-Linked Bond Principles) and evolving market best practices, as well as methodologies of ratings agencies and second-party opinion providers

  • Familiarity with emerging best practice in net zero transition planning in the financial sector and relevant norms and standard-setting bodies

  • Familiarity with international carbon markets and the information systems used for generating and transacting carbon assets, in particular carbon accounting methodologies and validation and verification processes

Preferred Skills/Experience

  • Strong leadership skills and proven ability in motivating employees and promoting teamwork.

  • Excellent interpersonal, leadership, management, and teamwork skills.

  • Highly motivated self-starter with excellent time management skills and the ability to effectively manage multiple priorities and timelines.

  • High level of independent significant decision-making ability.

  • Ability to quickly identify risks and determine reasonable solutions.

  • Demonstrated ability to motivate others in a high-stress environment to achieve goal.

  • Ability to effectively communicate and resolve conflicts by both oral and written communication to both internal and external clients.

  • Ability to adapt to a dynamic and evolving work environment.

  • Well-developed analytical and problem-solving skills.

  • Experience and knowledge of the principles and practices of management and employee development.

  • Ability to think critically to solve problems with rational solutions.

  • Ability to react and make decisions quickly under pressure with good judgment.

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.

Learn how the way we work at U.S. Bank drives meaningful relationships with our customers and collaboration across the company.


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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.


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, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $124,695.00 - $146,700.00 - $161,370.00U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.