Head of PCS Portfolio Prioritization

 

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

The Head of PCS Portfolio Prioritization will drive strategic decision-making, project intake, and collaborative business-driven prioritization for all development initiatives within PCS, spanning our entire suite of credit and debit products (Consumer and Small Business; USB-branded and partner-branded). This individual contributor role will manage the technology investment journey for PCS—from Strategic Investment Committee (SIC CapEx) to Product Council prioritization and investment portfolio review.

The role requires close collaboration with the Head of PCS, Head of Product, PCS GMs, PCS Centers of Excellence, and enterprise-wide strategy, product, and technology leaders to ensure visibility and alignment in the prioritization process. The individual will be accountable for ensuring that our $250MM+ annual technology investment delivers maximum return and that stakeholders have transparency and input into key decisions.

Key Responsibilities

• Drive Strategic Prioritization: Oversee and refine the intake and prioritization process for PCS initiatives, ensuring alignment with strategic objectives and business priorities.
• Process Improvement: Continuously enhance planning and intake processes using data and insights to inform decisions and improve operational efficiency. Implement governance procedures to maintain alignment with enterprise strategy and capital allocation.
• Roadmap Ownership: Create and maintain an integrated investment roadmap aligned to PCS strategic objectives, covering all credit and debit products and channels.
• Strategic Partnership: Collaborate with senior leadership across PCS and enterprise teams to establish clear priorities and transparent trade-offs.
• Framework Development: Define and evolve the methodology for prioritization, ensuring consistency with enterprise strategy and goals.
• Investment Oversight: Manage the PCS technology investment portfolio, ensuring visibility and accountability for decisions impacting resource allocation.

Basic Qualifications

• Bachelor’s degree in Business, Management, or related field required; Master’s preferred.
• 8+ years of experience in strategic planning, portfolio management, or enterprise program management, preferably within financial services or a large, matrixed organization.

Preferred Skills/Experience

• Experience managing large-scale prioritization processes and working with both agile and waterfall teams.
• Proven ability to influence senior leaders and develop governance frameworks that guide resource allocation and investment decisions.
• Highly organized, innovative, and able to synthesize complex data into actionable insights.
• Deep expertise in strategic planning, prioritization frameworks, and portfolio management.
• Skilled at driving organizational change and building consensus in matrixed environments.
• Strong analytical and executive communication skills.
• Continuous improvement mindset and ability to bring a fresh perspective to established processes.

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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: $149,515.00 - $175,900.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.