Network Contracts and Strategic Support Manager - Payments

Posted Yesterday
Be an Early Applicant
7 Locations
In-Office
133K-157K Annually
Expert/Leader
Fintech
The Role
Owns strategy, governance, and optimization of the bank's payment network relationships (Visa, Mastercard, etc.). Leads enterprise initiatives on network economics, contract performance, interchange strategy, and regulatory impact. Advises executives, partners with Legal/Compliance, produces decision‑ready executive materials, and drives cross‑functional alignment and operating models to realize contractual value.
Summary Generated by Built In

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 Network Strategy & Governance Manager is accountable for the enterprise strategy, governance, and optimization of the Bank's payment network relationships, including Visa, Mastercard, and other strategic network partners. The role serves as the primary owner of network governance and contractual value realization, ensuring alignment between network relationships, business strategy, financial objectives, risk management, and regulatory requirements. 

This individual contributor role leads enterprise-wide initiatives impacting network economics, contractual performance, interchange strategy, and strategic partnerships. The role provides executive leadership with actionable insights and recommendations on network investments, business opportunities, financial performance, legal developments, and emerging industry trends that influence the Bank's competitive position and long-term growth strategy.

Key Responsibilities:

Network Contract Management & Governance

  • Own the development and execution of the PCS network contract governance.
  • Advise executive leadership on network-related opportunities, risks, investments, and strategic priorities.
  • Evaluate emerging industry developments and recommend strategies to enhance growth, profitability, customer value, and competitive positioning.
  • Lead strategic assessments of network partnerships and support enterprise decision-making related to payment network relationships.
  • Establish long-term strategic roadmaps aligned with business objectives and enterprise priorities.

Legal & Regulatory Monitoring

  • Monitor, analyze, and synthesize relevant legal, regulatory, and policy developments affecting the payments ecosystem, including any laws or regulations impacting interchange and state or federal legislation.
  • Partner with Legal, Compliance, and Government Relations to assess business impact, risks, and required responses.
  • Translate regulatory developments into clear implications for contracts, strategy, operations, and financial performance.

Executive Communications & Strategic Materials

  • Develop clear, concise, and decision‑ready executive decks, briefs, and presentations for senior management.
  • Frame complex contractual, regulatory, and strategic topics into structured narratives with key insights, risks, options, and recommendations.
  • Lead highly complex, enterprise-wide initiatives requiring cross-functional coordination and executive sponsorship.
  • Establish operating models, governance structures, and decision frameworks supporting strategic objectives.
  • Lead through influence across Finance, Product, Legal, Compliance, Risk, Operations, Technology, and executive leadership teams.
  • Create organizational alignment on strategic priorities where competing objectives, ambiguity, and significant business risk exist.
  • Operate with a high degree of autonomy and independent judgment while influencing outcomes across multiple business lines.
Basic Qualifications
  • Master's degree, or equivalent work experience
  • 10 or more years of experience in project management activities
  • Two or more years of managerial experience 

Preferred Skills/Experience
  • Expert knowledge of assigned business line or functional area
  • Demonstrated management and leadership skills
  • Strong organizational and analytical skills
  • Advanced knowledge of project management
  • Ability to identify and resolve exceptions and to analyze data
  • Excellent verbal and written communication skills

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.

Skills Required

  • Master's degree or equivalent work experience
  • 10 or more years of experience in project management activities
  • Two or more years of managerial experience
  • Expert knowledge of assigned business line or functional area
  • Demonstrated management and leadership skills
  • Strong organizational and analytical skills
  • Advanced knowledge of project management
  • Ability to identify and resolve exceptions and to analyze data
  • Excellent verbal and written communication skills

US Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about US Bank and has not been reviewed or approved by US Bank.

  • Retirement Support The package pairs a pension with a matched 401(k), strengthening long‑term financial security. Retirement programs and other financial safeguards are presented as comprehensive.
  • Leave & Time Off Breadth Paid vacation, sick time, numerous holidays, and dedicated volunteer hours provide meaningful time away. Additional time off with tenure and options to expand PTO bolster flexibility.
  • Healthcare Strength Medical, dental, and vision coverage with HSA/FSA options and wellness resources are described as robust. Health insurance is characterized as top‑notch in multiple descriptions.

US Bank Insights

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The Company
HQ: Minneapolis, MN

What We Do

We believe in putting people first, and our dedication to making ethical decisions and doing the right thing is at the heart of what we do. We're proud to be named by Ethisphere as a 2018 World's Most Ethical Company.

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