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The Chief Operating Officer for the Macro division is an integral member of the Macro leadership team. He / she will partner with internal constituents in all aspects of business strategy, infrastructure, technology, compliance and risk management, change management, and cost / expenses. In the process, this role will ensure the Macro business runs efficiently and grows responsibly across sales, trading, structuring, and support functions.
Job Responsibility:
Oversee technology, risk infrastructure, and system processes to support growth initiatives for Macro Division
Drive accountability for disciplined execution through KPI tracking, performance analytics, and management reporting
Lead Macro new product and initiative approval processes
Perform client data analysis, create and maintain client onboarding pipeline
Drive balance sheet and capital efficiency via effective partnership with Corporate Treasury, xVA functions, and Accounting Policy
Manage expenses while ensuring optimal resourcing to foster growth, and in the process, achieve cost-efficient and responsible scaling of the Macro business
Continuously improve risk governance and control processes to ensure the Macro division is in full compliance with regulatory requirements and US Bank company policies
Act as a key liaison amongst Macro leadership, sales and trading, technology, operations, and risk functions to identify, escalate, and mitigate risks, including market risk, counterparty risk, operational and technology resiliency, model governance, conduct and reputational risks, etc
Requirements:
Practical knowledge of Macro products, including Cash Rates, Rate Derivatives (both cleared and bilateral), Foreign Exchange, Commodities, and Secured Funding instruments, as well as associated execution workflows and market structure evolution
15+ Years of total experience in Macro (Rates, FX, Commodities, and Secured Funding), including 3+ Years in a sales, trading, or structuring function in Macro products
FINRA Series 7 and 63 required, Series 24 or Equivalent Preferred
Proven track record of collaboration with support partners including Corporate Treasury, Risk Functions, Operations, Regulatory Compliance, etc
Experience in representing Macro lines of business in internal and external forums
Ability and experience in leading change management and transformational initiatives
Nice to have:
Bachelor’s degree required
Excellent communication skills
Strategic, adaptive, and forward looking thinker
Global experience a plus
What we offer:
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