CFO Corporate Real Estate

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.

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The CFO, Corporate Real Estate (CRE) is the senior finance leader accountable for the financial strategy, planning, and analytics of one of the largest and most strategically important physical footprints in U.S. banking - a nationwide portfolio spanning bank branches, office hub locations, and a broad network of client centers and ancillary sites. Partnering directly with the Head of Corporate Real Estate, this role shapes the bank’s go-forward footprint by translating workforce strategy, location choices, and operating model shifts into clear, defensible financial tradeoffs.

It works in close partnership with Corporate Treasury and Corporate Accounting to ensure disciplined capital and lease decisioning, balance sheet and P&L integrity, and strong financial governance.

This is a build-and-transform mandate, not a caretaker role. The organization is executing a multi-year strategic real estate plan that encompasses branch network transformation - relocations, renovations, and de novo builds - alongside a restructuring of the corporate office footprint into strategic hubs. The CFO, Corporate Real Estate is the financial architect behind this strategy, modeling the full economics of every major decision and translating complex real estate and workforce trade-offs into recommendations the most senior audiences in the company can act on with confidence.

• Enterprise footprint strategy and scenario decisioning (hub/non-hub mix, consolidations, exits, renewals; owned vs. leased; flex/hybrid models) and branch network transformation.
• Portfolio performance management, forecasting, and value realization across the CRE portfolio.
• Investment discipline for major CRE initiatives through ROI/NPV/IRR/payback-based decision frameworks.
• Total-cost-of-location and transaction economics that integrate occupancy, capital, tax, and workforce trade-offs into a single decision framework.
• Alignment of real estate choices to corporate strategy, cost resilience, talent access, operational continuity, and risk posture.
• A high-impact finance team oriented to insight, influence, and execution.

• Strategic Partnership & Influence: Serve as the primary strategic finance partner to the Head of Corporate Real Estate, embedded in strategy development from inception rather than reviewing decisions after the fact. Deliver executive-ready narratives that simplify complex tradeoffs, and present real estate strategy and multi-year financial impact to the CEO, CFO, and Board-level committees with clarity and credibility.
• Go-Forward Footprint Decisioning: Lead multi-year footprint planning and own the financial modeling behind the strategic real estate plan - branch relocations, renovations, de novo builds, and consolidation of the corporate office footprint into strategic hubs. Build and maintain a dynamic, site-level portfolio model that supports rapid scenario analysis across occupancy, capital, tax, and workforce dimensions, and model economics for consolidations (lease buyouts, early termination, sublease recovery, and stranded-cost provisions).
  
  Quantify P&L, cash flow, and balance sheet impacts for major footprint actions and establish clear decision thresholds.
• Total-Cost-of-Location Analysis: Lead total-cost-of-location analysis for new sites, integrating occupancy, long-term labor and benefits costs, workforce transition economics, and tax considerations into a single, defensible decision framework.
• Portfolio Economics, Capital & Transaction Strategy: Own the financial evaluation of real estate investments and commitments, including sensitivity…