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

We are seeking an experienced and highly skilled FINOP (Financial and Operations Principal) to join our team to lead the Finance division of both a wealth management/retail broker dealer and a capital markets/institutional broker dealer. The ideal candidate must possess extensive experience in both introducing and self-clearing firms, a robust background in regulatory requirements, and a proven track record in financial management and reporting.

Key Responsibilities include:

• Oversee financial operations and ensure reporting compliance with SEC regulations, particularly Rule 15c3-1 (Net Capital Rule) and Rule 15c3-3 (Customer Protection Rule)
• Manage daily Profit and Loss (PnL) reporting to the trading desk, ensuring accuracy and timeliness in all financial reports
• Coordinate with Treasury and Funding Departments to manage liquidity and capital requirements effectively
• Maintain and implement strong internal controls and adhere to Generally Accepted Accounting Principles (GAAP)
• Maintain and utilize broker dealer back office and settlement systems for financial management and reporting
• Ensure the firm's compliance with all applicable audits and reviews including the annual external accounting firm audit, regulatory reviews, and varying internal compliance programs
• Develop and challenge financial policies and procedures to enhance operational efficiency and regulatory compliance
• Advise and participate in new product and platform initiatives
• Lead a team of 10+ individuals, providing guidance, mentorship, and development opportunities to ensure optimal performance and professional growth

Basic Qualifications
- Bachelor's degree in accounting or finance, or equivalent work experience
- 15 or more years of relevant financial management experience

Preferred Qualifications

• Series 27 license is required. Series 24 license a plus.
• A minimum of 15 years of experience with increasing responsibility in various broker dealer finance roles
• In-depth knowledge of securities products, financial regulations, and compliance requirements
• Strong understanding of GAAP and internal controls.
• Experience with Phase 3 and NFS WealthScape systems is highly desirable
• Excellent leadership and team management skills
• Strong analytical, problem-solving, and decision-making abilities
• Ability to communicate complex financial information clearly and effectively
• Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of the organization
• Passion for working in a dynamic, fast-paced, and heavily regulated environment

The 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.

INDMO

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 (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

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: $164,390.00 - $193,400.00 - $212,740.00

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.