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
Overview
The Portfolio Manager is responsible for overseeing a portfolio of products and initiatives to ensure alignment with organizational strategy, financial targets, and customer needs. This role manages intake, prioritization, approvals, and ongoing tracking of products and investments through their full lifecycle. Acting as a central point of coordination, the Portfolio Manager ensures that dependencies, risks, progress, and outcomes are communicated effectively across product teams, leaders, and business partners.
This leader works closely with Product Owners, cross-functional delivery teams, and executive stakeholders to balance demand, capacity, and strategic objectives. The Portfolio Manager is accountable for ensuring business cases are rigorous, value is measurable, and products remain aligned to enterprise OKRs, KPIs, and financial forecasts. Leveraging Agile, Product Management, and DevOps best practices, the Portfolio Manager helps teams deliver consistently, adapt quickly, and make decisions grounded in data.
Responsibility:
Oversee a portfolio of products and initiatives to ensure alignment with organizational strategy, customer needs, and financial targets.
Manage end‑to‑end intake, prioritization, approval, and lifecycle tracking of portfolio investments.
Partner with Product Owners, delivery teams, and leaders to balance demand, capacity, and strategic objectives.
Ensure business cases are rigorous, value is measurable, and outcomes align to enterprise OKRs, KPIs, and financial forecasts.
Identify and manage cross‑team dependencies, risks, and mitigation plans to support successful delivery.
Develop and maintain portfolio reporting, dashboards, and artifacts to enable transparency and data‑driven decisions.
Apply Agile, Product Management, and DevOps best practices to drive consistent execution and continuous improvement.
Basic Qualifications:
Bachelor’s degree or equivalent work experience
Three to five years of relevant experience in product, portfolio, or program management
Preferred Skills & Experience:
Deep understanding of organizational processes, customer needs, and business operations
10+ years of experience as technical portfolio manager.
Recent experience with Clarity, a Project Portfolio Management (PPM)
Experience using Microsoft tools such as Power BI and/or Automate
Excel experience – advance knowledge of financial data analysis and use of PivotTables
Hands-on knowledge of Agile methodologies, Product Management frameworks, and DevOps principles
Ability to solve complex problems with minimal guidance and drive decisions through influence
Proven ability to collaborate with diverse stakeholders, including engineers, product leaders, third‑party partners, and end users
Strong verbal and written communication skills, including the ability to present to senior leadership
Demonstrated ability to manage multiple priorities and navigate complex organizational environments
Strong analytical skills with the ability to evaluate business cases, financial data, and performance metrics
Experience in developing portfolio reporting, dashboards, and financial or operational artifacts
Skilled in identifying and managing cross-team dependencies, risks, and mitigation plans
Ability to coach teams on best practices in planning, prioritization, and value measurement
Familiarity with strategic planning processes, including OKR formulation and roadmap alignment
Proficiency with portfolio or product management tools (e.g., Jira, Smartsheet, or similar)
Demonstrated ability to influence outcomes without direct authority and foster strong partnerships across business and technology teams
Location Expectations
This role requires working from a U.S. Bank location three (3) or more days per week
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:
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
Review our full benefits available by employment status here.
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: $133,365.00 - $156,900.00
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.