Custody Network Manager
Core
Strategy, selection, governance, and oversight of U.S. Bank's global network of sub-custodian banks, cash correspondent banks, central securities depositories, and market infrastructure providers.
Role type
Senior IC network manager (global custody & market infrastructure)
Builds
Resilient, risk-managed global custody and cash services network enabling client investment activity across global markets
Domain
Global financial services, custody, securities settlement, and market infrastructure
Required skills
Global custody network management, RFI/RFP execution, provider due diligence, contract negotiation, regulatory compliance, market intelligence, stakeholder management, risk assessment, strategic planning, client advisory
Preferred skills
Advanced degree, fluency in additional languages, experience with digital assets and settlement reform
Technologies
Market infrastructure systems, regulatory reporting tools, risk management platforms
Responsibilities
Develop and manage relationships with sub-custodian banks and market infrastructures; Lead RFI/RFP processes and provider evaluations; Negotiate custody agreements and fee schedules; Monitor provider performance and regulatory standing; Conduct ongoing risk assessments and support audits; Serve as subject matter expert on assigned markets and deliver client presentations; Represent U.S. Bank in industry forums and provider governance meetings
Seniority
Senior, hands-on IC