U.S. Bank

FICC COO - Business Manager

U.S. Bank$143K — $169K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in finance, economics, business, mathematics, engineering, computer science, or a related discipline.
  • Ten or more years of relevant experience in capital markets, trading business management, product development, or related function.
  • Strong understanding of FICC products and the front-to-back trading lifecycle.
  • Experience coordinating complex initiatives across Front Office and control function partners.
  • Familiarity with new-product governance and controlled technology deployment.
  • Demonstrated ability to translate strategic objectives into structured plans and concise executive reporting.
  • Strong judgment and organizational discipline with the ability to influence senior stakeholders.

Responsibilities

  • Maintain integrated roadmaps across strategic initiatives and control priorities.
  • Track deliverables, milestones, dependencies, and executive reporting.
  • Support business planning, resource prioritization, and performance reporting.
  • Coordinate new-product and business-expansion readiness across key functions.
  • Establish readiness criteria for launching or expanding products and client capabilities.
  • Coordinate first-line governance activities including testing and approvals.
  • Identify front-to-back operating gaps and implement sustainable solutions.

Benefits

  • Healthcare (medical, dental, vision)
  • Basic 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 (two to five weeks based on tenure)
  • Up to 11 paid holidays
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked.
Full Job Description
Job Description

The Director, COO / Business Manager will provide first-line business management, governance coordination, execution discipline, and operating structure for new and expanding FICC initiatives.

The role will partner with Trading, Sales, Quantitative Analytics, Technology, Risk, Finance, Operations, Legal, Compliance, Model Governance, and other control functions to support business growth, product development, analytical and risk capabilities, electronic trading, and front-to-back operating readiness.

The purpose of the role is to translate FICC strategy into coordinated execution and ensure that new capabilities are developed and scaled through a controlled, sustainable, and well-governed operating model.

Specific Responsibilities

  • Maintain integrated roadmaps across strategic initiatives, product development, trading capabilities, analytics, risk infrastructure, electronic trading, operating processes, and control priorities.

  • Track deliverables, milestones, dependencies, accountable owners, key decisions, open issues, risks, remediation items, and executive reporting.

  • Support business planning, expense and headcount management, resource prioritization, performance reporting, and materials for senior management and governance forums.

  • Coordinate new-product and business-expansion readiness across the Front Office, Technology, Risk, Finance, Operations, Legal, Compliance, Accounting, Market Data, and other relevant partners.

  • Establish readiness criteria for launching or expanding products, client capabilities, books, markets, venues, trading workflows, analytical tools, and supporting infrastructure.

  • Coordinate first-line governance activities, including ownership, intended use, implementation readiness, testing, approvals, change control, issue remediation, ongoing monitoring, and evidence retention.

  • Support the controlled rollout of pricing, analytics, risk, scenario, P&L explain, trading, and management-reporting capabilities, including testing, parallel runs, reconciliation, adoption, and issue resolution.

  • Coordinate electronic and algorithmic trading readiness, including pricing and risk dependencies, trader configuration, limits, monitoring, escalation protocols, execution connectivity, and downstream operating impacts.

  • Identify front-to-back operating gaps and work with business and functional partners to address root causes rather than rely on recurring manual workarounds.

  • Provide management visibility into business performance, delivery status, operating risks, control readiness, resource requirements, and decisions requiring escalation.

Role Mandate

The mandate of the Director, FICC COO / Business Management is to convert business strategy into controlled execution. The role will ensure that new products, trading capabilities, analytical and risk infrastructure, electronic workflows, and related business initiatives are coordinated across the Front Office and its functional partners and are ready to scale commercially, operationally, and within the firm’s control framework.

This is a first-line business management role. The position will not independently approve models, perform model validation, authorize production technology releases, establish accounting policy, make trading decisions, or replace independent risk and control functions.

Qualifications

  • Bachelor’s degree in finance, economics, business, mathematics, engineering, computer science, or a related discipline.

  • Ten or more years of relevant experience in capital markets, trading business management, product development, platform delivery, risk, finance, operations, technology, or a related function.

  • Strong understanding of FICC products and the front-to-back trading lifecycle, including pricing, execution, booking, risk, P&L, controls, and post-trade processes.

  • Experience coordinating complex initiatives across Front Office businesses, Technology, Risk, Finance, Operations, Compliance, and other control partners.

  • Familiarity with new-product governance, electronic trading, analytical and risk infrastructure, model governance, or controlled technology deployment.

  • Demonstrated ability to translate strategic objectives into structured plans, clear ownership, measurable deliverables, readiness criteria, and concise executive reporting.

  • Strong judgment, organizational discipline, written communication, and ability to influence senior stakeholders across business and functional organizations.

  • Ability to operate effectively in a developing environment where commercial growth, product expansion, infrastructure development, operating-model design, and control requirements must advance together.

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.

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: $143,905.00 - $169,300.00

About U.S. Bank

U.S. Department of the Treasury is a government agency responsible for promoting economic prosperity and ensuring financial security. The department is responsible for a wide range of activities such as advising on economic and financial issues, encouraging sustainable economic growth, and fostering improved governance in financial institutions.

U.S. Bank Careers

Join the dynamic team at U.S. Bank, one of the nation's top banking institutions, where your career journey is as promising as the services we provide to our customers. At U.S. Bank, we are committed to fostering a culture of innovation, leadership, and diversity that is unmatched in the industry.

Explore Job Opportunities and Growth

At U.S. Bank, we offer a variety of job opportunities that cater to a range of skills and professional interests. Whether you are looking for a position in finance, technology, customer service, or management, U.S. Bank is hiring talented individuals who are eager to contribute to our mission and grow with us.

Internship Programs

Kickstart your career with U.S. Bank’s internship programs. These opportunities are designed for ambitious students who want to gain hands-on experience and develop essential skills in a real-world setting. Our internships provide a platform to engage with experienced professionals and explore potential career paths within the company.

Benefits and Employment Perks

Choosing a career at U.S. Bank means more than just employment. We offer comprehensive benefits designed to enhance your life and well-being. From health and wellness programs to retirement plans, we ensure our team members are supported both personally and professionally.

Our Commitment to Diversity and Inclusion

Diversity and inclusion are at the core of our values at U.S. Bank. We are dedicated to creating an environment where all employees feel valued and included. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone can thrive.

Leadership and Professional Development

Leadership at U.S. Bank is about more than guiding teams – it's about inspiring them. We invest in leadership training and professional development programs that help our employees become the best in their fields. By fostering a culture of learning and growth, we prepare our team members to take on new challenges and leadership roles.

Networking and Innovation

Networking at U.S. Bank goes hand in hand with innovation. Our employees are encouraged to connect with colleagues and industry leaders through various networking events and professional groups. This collaborative environment fuels innovation and allows us to stay ahead in a competitive industry.

Join Our Team

Are you ready to take the next step in your career? Explore the open positions at U.S. Bank and find where your skills and passions align with our needs. Prepare your resume, sharpen your interview skills, and get ready to join a team where your career can flourish.

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READ CAREERS BLOG

Stay ahead in your career with U.S. Bank – where your growth is our priority.
Learn more about U.S. Bank
Size
68,796 employees
Market Cap
$66.2 billion
Industry
Net Income
$4.9 billion
5 Year Trend
+0.5%
NASDAQ

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