Mutual Fund Administrator
U.S. Bank is committed to helping customers and communities succeed. The Mutual Fund Administrator role involves supporting the financial and compliance operations of mutual funds and serving as a primary point of contact for assigned fund clients, ensuring accurate and timely management of daily operations and compliance activities.
Responsibilities
- Manage daily operational and compliance activities for assigned funds, ensuring accuracy, timeliness, and adherence to regulatory requirements
- Act as the main liaison for fund clients by coordinating communications and deliverables across internal teams and external service providers
- Monitor and review fund budgets in alignment with contractual agreements, fee proposals, and expense trends
- Assist in the preparation and/or review of financial statements for client shareholders, ensuring compliance with GAAP, SEC regulations, and other applicable reporting standards
- Conduct or support portfolio compliance testing and reviews to ensure adherence to regulatory requirements and prospectus guidelines
Skills
- Bachelor's degree in accounting or finance, or equivalent work experience
- One to two years of related work experience
- Some knowledge and understanding of legal, regulatory and accounting principles which directly affect the mutual fund industry and their clients
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Effective verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
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
Company Overview