Global Custody Strategy Manager

• Own the strategy, commercial roadmap, pricing discipline, margin management, competitive positioning, and investment priorities for U.S. Bank's Global Custody offering
• Serve as the dedicated commercial and strategic owner for custody, driving revenue growth, client profitability, modernization, and scalable growth
• Partner with the Head of Custody for Asset Managers and the Product Office on strategy roadmap, capability development, and investment priorities
• Collaborate across Operations, Network Management, Technology, Risk, Strategy Development, Finance, Relationship Management, and business-line leadership
• Translate client needs, market trends, service issues, and financial performance into a prioritized roadmap, investment cases, pricing framework, and growth plan
• Define and execute Global Custody strategy aligned with Global Investment Services priorities and the Custody Asset Management vertical
• Build revenue, margin, and client profitability dashboards
• Evaluate custody economics, pricing models, sub-custodian costs, deposit economics, and investment prioritization
• Develop competitive intelligence, client-facing collateral, strategic positioning, and launch materials
• Identify cross-sell opportunities across custody-adjacent businesses
• Modernize custody capabilities, improve data quality, standardize workflows, and prepare for new products or regulatory change
• Develop business cases for strategic enhancements, platform investments, market expansion, automation, and new custody capabilities
• Establish product governance and align strategic decisions with service execution, operational resiliency, controls, and client-ready delivery
• Provide strategic input into SLAs, KPIs, KRIs, issue tracking, executive scorecards, and operating forums
• Ensure alignment with custody regulations, policies, risk appetite, and controls
• Support strategy-level risk reviews, control assessments, and remediation planning
• Partner on forecasting, budgeting, investment prioritization, vendor/third-party cost analysis, and strategy-level financial planning
• Align revenue, margin, investment progress, service quality, and issue themes into executive scorecards

• Management/supervisory experience
• 10 or more years of banking or other relevant experience
• 10+ years of progressive experience in custody, asset servicing, securities services, strategy, financial services strategy, or related institutional banking roles
• Demonstrated understanding of global custody, including safekeeping, settlement, asset servicing, cash, tax, market access, sub-custodian networks, and client service delivery
• Experience developing or managing custody strategy, pricing frameworks, business cases, roadmaps, financial performance routines, or commercial growth plans
• Strong financial acumen and ability to analyze revenue, margin, profitability, pricing, cost drivers, and investment returns
• Ability to lead through influence across Strategy, Operations, Technology, Risk, Finance, Relationship Management, clients, industry participants, and senior leadership stakeholders
• Bachelor's degree in finance, Business, Accounting, Economics, or a related field
• Experience at a global custodian, asset servicer, bank, or institutional platform with exposure to cross-border custody, fund services, Corporate Trust / structured finance, ETFs, alternatives, CLOs, or asset-manager segments
• Experience partnering with Technology and Operations to modernize platforms, automate workflows, improve reporting, and scale strategic custody capabilities
• Familiarity with emerging custody trends including digital assets, tokenization, T+1 settlement, blockchain-based recordkeeping, and regulatory evolution
• MBA or equivalent advanced credential (preferred)

Demonstrates expertise in developing and executing Global Custody strategies, pricing frameworks, and financial performance analysis while ensuring compliance with custody regulations and enhancing client service delivery. Proven ability to lead cross-functional teams and drive revenue growth through strategic partnerships and modernization initiatives.

• Global Custody Strategy Development
• Financial…