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
Domain
Global financial services, custody, securities settlement, and market infrastructure
Required skills
Global custody network management, RFI/RFP processes, provider due diligence, contract negotiation, regulatory compliance, market intelligence, risk assessment, stakeholder management, strategic planning
Preferred skills
Advanced degree, fluency in additional languages, digital assets knowledge, settlement reform expertise
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; Serve as escalation point for operational issues; Conduct risk assessments and support audits; Publish market updates and regulatory notifications; Represent the bank in industry forums and client events
Seniority
Senior, hands-on IC