Sustainable Finance Product Strategist

Posted:
8/29/2024, 6:57:12 AM

Location(s):
Los Angeles, California, United States ⋅ Missouri, United States ⋅ Colorado, United States ⋅ Denver, Colorado, United States ⋅ Illinois, United States ⋅ Charlotte, North Carolina, United States ⋅ San Francisco, California, United States ⋅ New York, United States ⋅ California, United States ⋅ New York, New York, United States ⋅ Chicago, Illinois, United States ⋅ Minneapolis, Minnesota, United States ⋅ North Carolina, United States ⋅ Minnesota, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Product

Workplace Type:
Hybrid

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. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

At U.S. Bank, we are 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. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

U.S. Bank is looking for a Sustainable Finance Product Strategist, to join our new and growing Sustainable Finance Team. The Sustainable Finance Product Strategist will report to the Managing Director of Sustainable Finance.

The bank's Sustainable Finance team – which sits in U.S. Bancorp Impact Finance – takes an interconnected approach, collaborating with leaders from around the company to help identify the most viable products and services to bring to market that empower communities, support inclusive growth, and help clients transition to a low-carbon economy. This work not only helps us meet client needs and market demand, it helps us grow revenue for U.S. Bank – a core a pillar of our strategy.

This multifaceted Product Strategist role requires someone who excels in a dynamic environment, has strong analytical and project management skills, is a creative problem solver and a strong communicator. The ideal candidate is fluent with sustainability megatrends and experienced in banking product development and sustainable finance principles and instruments. The candidate will join a dynamic, strategically important team and contribute to the development of a full suite of sustainable finance products/services to meet current client needs and drive new client acquisition.

Objectives

  • Execute on highest priority business areas of U.S. Bank through sustainable finance product development and go-to-market / pilot planning.
  • Conducting capabilities gap assessment to identify new required capabilities to capture revenue potential and inform business cases.
  • Enhance and build products/services to meet current client needs and drive new client acquisition.

Responsibilities

  • Work closely with the Managing Director of Sustainable Finance to develop new/enhanced Sustainable Finance product roadmaps, collaborating with internal stakeholders (Credit, P&L owners, ESG Program Office, Product Leads, Risk, etc.), to ensure a competitive offering that aligns with evolving market needs and corporate sustainability priorities, including U.S. Bank’s 2030 $50 billion Environmental Finance goal, as well as the bank’s Access and Net Zero Commitments.
  • Provide insights on the sustainable finance market landscape and work with commercial teams to understand commercial capabilities, priorities and client needs in order to inform new product strategy development; translate insights into actionable new and/or enhanced products.
  • Develop technical business opportunity cases including value proposition, high-level market opportunity sizing, product channels, high level cost structures, projected revenue streams, ROE, etc.
  • Keep abreast of the competitive landscape and market trends.
  • Ensure compliance with the bank’s sustainable finance framework and environmental and social risk management policies.

Basic Qualifications

  • Bachelor’s degree in related discipline (business, economics, finance, sustainability)
  • 10 years of relevant banking product development/management work experience: especially related to sustainable finance, sustainability, and/or impact investing.

Preferred Qualifications

  • Strong knowledge of the sustainable finance standards, instruments, and financing solutions (ICMA - GBP, SBP, SLBP, Tax equity, Project finance, etc.)
  • Strong quantitative and benchmarking analysis skills
  • Experience developing and executing an implementation plan for a product vision or strategy.
  • Experience working in the banking sector or in a strategic consulting role is an asset.
  • Strong communication and presentation skills
  • Proven ability to work cross-functionally to deliver strategic projects efficiently.
  • Highly skilled in creation of briefing materials, report writing and preparation of presentations.
  • Knowledge of and experience across multiple banking products, notably structured finance
  • Knowledge of banking environmental and social risks and ESRM policies
  • Comfortable with ambiguity
  • Travel expectations: 20%.

The role offers a hybrid/flexible schedule, which means there is an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.  

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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 (some may vary based on role, location or hours):

  • 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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS EEO poster.  

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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: $165,325.00 - $194,500.00 - $213,950.00

U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.