Head of Public Funds

Role Overview

• Define and communicate the vision, operating strategy, and multi-year roadmap for Registered Fund Operations.
• Translate strategy into measurable outcomes through disciplined planning, governance, and execution across multiple functions, locations, and teams.
• Design, build, and lead a scalable, enterprise-ready commercial organization.
• Serve as a champion of U.S. Bank’s interconnected operating model by building horizontal partnerships with Product, Client Coverage, Technology, Finance, Risk, Compliance, Legal, and Operations leaders.
• Own client-centered operating model and governance, ensuring effective management control, clear escalation paths, and alignment across regions, products, and enterprise partners.
• Provide day-to-day executive oversight of end-to-end fee-based servicing delivery, ensuring operational excellence, risk discipline, and consistent execution across the client lifecycle.
• Drive automation and re-engineering to reduce manual work and improve accuracy, leveraging various technologies as appropriate.
• Ensure the organization operates within U.S. Bank’s risk appetite and meets regulatory expectations applicable to registered fund and asset servicing activities.
• Own operational planning, productivity, and cost management, ensuring controls, performance standards, and value realization.
• Attract, hire, develop, and retain top talent, and strengthen organizational capability through workforce planning and targeted leadership development.

Requirements

• Global executive role with enterprise-wide commercial accountability.
• Oversight of large, distributed, multi-product operations.
• Operates within a matrixed, highly regulated financial services environment.
• Regular interaction with senior leaders, executive clients, and external partners.
• Balances growth and organizational scale objectives with strong governance, compliance, and risk management to ensure sustainable, well-controlled expansion.

Benefits

• 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