Financial Risk & Strategy Director

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U.S. Bancorp Fixed Income, Currencies & Commodities (FICC) is building out a newly created Financial Risk & Strategy function to provide dedicated front-line risk management, financial resource management, and strategic oversight across the FICC businesses, including Macro (Rates / FX), Structured Credit, Working Capital Finance, Debt Capital Markets, Credit, and Commodities. This build-out coincides with U.S. Bancorp's transition across the Category II regulatory asset threshold and the integration of BTIG LLC's equities and prime brokerage capabilities, creating a highly visible mandate at the intersection of risk, finance, and strategy within Global Capital Markets.

Reporting to the Head of FICC Financial Risk & Strategy, the Director will serve as a front-line financial risk partner to Fixed Income, Currencies & Commodities (FICC) businesses, providing oversight of market, counter party, and credit risk exposures, limits, concentrations, and risk-adjusted returns. This role operates within the first line of defense and works in close partnership with the respective second-line Market Risk, Counter party Risk, and Credit Risk teams to establish clear, well-governed risk boundaries, escalation protocols, and governance standards.

• Provide first-line oversight of market, counter party, and credit risk exposures across FICC trading desks, including limit utilization, sensitivities, VaR, stress testing, current exposure, potential future exposure, collateralization, and portfolio concentrations

• Analyze and challenge desk-level risk-taking, counter party exposures, and credit concentrations against approved limits and risk appetite; elevate breaches, deteriorating credit quality, and emerging concentrations to senior management

• Partner with the respective second-line Market Risk, Counter party Risk, and Credit Risk teams to establish and maintain clear first-line/second-line boundaries, escalation protocols, approval standards, and governance cadence

• Support the FICC Balance Sheet Council with risk-adjusted return analysis and capital decomposition by desk and product

• Partner with Finance on P&L attribution and risk-driven variance analysis

• Prepare risk commentary and materials for senior management, Finance teams, and governance forums

• Contribute to FRTB, SA-CCR, and CVA capital framework implementation as they affect FICC trading books

• Support BTIG LLC integration work streams.

• 8+ years of experience in financial risk management, trading risk, counter party risk, credit risk, or a related front-line risk function at a broker-dealer or bank

• Strong grounding in financial risk frameworks, including VaR, sensitivities, stress testing, limits, counter party exposure measurement, collateral and netting concepts, and credit assessment across rates, credit, or securitized products

• Working knowledge of FRTB, SA-CCR, CVA, and related regulatory capital frameworks

• Bachelor's degree required; advanced degree or CFA / FRM / PRM designation preferred

• Demonstrated ability to operate across first- and…