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U.S. Bank

ALM Loans Forecast Manager

U.S. Bank, Minneapolis, Minnesota, United States, 55400

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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 Loans Forecast Manager is a key member of the Asset Liability Management (ALM) team, responsible for developing and managing the baseline balance sheet and net interest income forecast across all loan products and line of business categories. This role requires a strong understanding of balance sheet dynamics, capital, and interest rate risk, as well as the ability to lead cross‑functional initiatives and collaborate with business partners across Treasury, Finance, and Risk.

Key Responsibilities

Develop, maintain, and enhance the balance sheet and NII forecast for lending products, including:

Commercial Loans (including NDFI and non‑NDFI lending), Commercial Real Estate (including Construction loans), Residential Mortgage, Installment, Credit Card, and Home Equity

Partner with line‑of‑business leaders, Corporate Finance, and Quantitative Finance teams to incorporate assumptions on contractual features, new business volumes, and pricing into the forecast

Provide actionable insights into trade‑offs across return metrics (ROE, ROA), capital allocation, and interest rate risk among different lending categories

Collaborate with the ALM forecast team, liquidity management, and capital management to drive short‑term and long‑term balance sheet composition

Drive continuous improvement in forecasting tools, data quality, and documentation

Leadership:

Drive the vision and strategy for loan forecasting within ALM, ensuring alignment recommendations

Lead, mentor, and develop a high‑performing team of analysts, fostering a culture of accountability, innovation, and continuous improvement

Serve as a trusted advisor to Treasury, Finance, Risk, and business leaders, building consensus and driving execution on complex initiatives

Champion process enhancements and technology adoption to improve forecasting accuracy and efficiency

Present forecasts and scenario analyses to executive leadership in a clear, actionable manner

Basic Qualifications

Bachelor's degree, or equivalent work experience

Eight or more years of related experience

Preferred Skills / Experience

Advanced knowledge of financial analysis concepts and methodologies

Considerable knowledge of accounting theory practice, regulatory requirements and reporting

Well‑developed financial analysis, forecasting and planning skills

Management experience required

The role offers a hybrid/flexible schedule, which means there's an in‑office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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

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 E‑Verify program.

Pay Range: $126,820.00 – $149,200.00.

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.

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.

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

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