Mutual Fund Administrator
U.S. Bank is dedicated to helping customers and businesses make informed financial decisions. The Mutual Fund Administrator will support the day-to-day financial and compliance operations of mutual funds and serve as a primary point of contact for assigned fund clients, coordinating activities among key fund service providers.
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
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