BL Regulatory Review Manager

U.S. Bank; Milwaukee (WI); Hybride; USD 112 000 - 131 000; Plein temps

Avantages offerts par ce poste

Healthcare

Retirement plan

Paid vacation

Paid holidays

Résumé du poste

U.S. Bank seeks a Senior Compliance Officer to provide high-level oversight of mutual fund and ETF compliance programs under the Investment Company Act. The role leads complex projects, mentors junior staff, and partners on technology-driven automation to improve efficiency.

The position requires extensive regulatory knowledge, senior-level leadership, and the ability to manage multiple priorities with a hybrid in-office schedule across the Milwaukee area.

Qualifications

• Bachelor's degree or equivalent experience.
• Ten or more years of related experience.
• Demonstrated experience interpreting regulatory requirements and leading reviews.

Responsabilités

• Assist CCO with risk-based reviews and monitoring of adviser compliance programs.
• Lead or provide senior-level support for onboarding/offboarding and certifications.
• Mentor junior Compliance Officers and lead cross-functional projects.
• Coordinate technology-related projects to automate manual processes.

Connaissances

Regulatory compliance

Leadership

Mentoring

Project management

Risk assessment

Formation

Bachelor's degree or equivalent

Outils

Microsoft Office

Adobe Acrobat

Description du poste

Job Description

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.

The Senior Compliance Officer serves as a senior individual contributor and leadership resource within the MST Compliance Officer team, while reporting to the Compliance Officer Manager. The role provides experienced compliance oversight and regulatory guidance for mutual funds and exchange-traded funds regulated under the Investment Company Act of 1940 and applicable Securities and Exchange Commission requirements. This position leads complex and special projects, supports technology and automation initiatives designed to increase team efficiency, and provides structured mentorship and day-to-day guidance to junior Compliance Officers. The Senior Compliance Officer focuses on higher-risk reviews, issue resolution, and process improvement.

Primary Responsibilities

Assist CCO with conducting ongoing, risk-based reviews and monitoring of investment adviser compliance programs, including compliance manuals, policies and procedures, regulatory reports, certifications, and other oversight materials; identify potential gaps, document conclusions, and elevate significant matters to the appropriate CCO. Assist the CCOs with planning and conducting annual adviser due diligence reviews, including risk assessment, document review, interview preparation, issue identification, written summaries, and follow-up tracking. Lead or provide senior-level support for adviser and service-provider onboarding and offboarding, quarterly adviser calls, recurring certifications, exception management, escalated concerns, and other material oversight activities. Maintain appropriate documentation of reviews, decisions, issues, and project outcomes; perform other complex compliance responsibilities and leadership assignments as directed by the Compliance Officer Manager or CCOs. Serve as a mentor and subject-matter resource for junior Compliance Officers, by providing practical guidance, reviewing work, reinforcing established standards, sharing knowledge, and supporting successful onboarding and continued development. Provide day-to-day leadership on assigned workstreams while reporting to the Compliance Officer Manager; coordinate activities, clarify expectations, monitor progress, and elevate staffing, performance, or material compliance matters to the manager or appropriate CCO. Take the lead on special projects that affect the Trust compliance program or broader team, including defining scope, organizing deliverables, coordinating stakeholders, identifying risks and dependencies, documenting decisions, and driving work through completion. Partner on technology-related projects that automate manual processes, improve data quality, strengthen documentation, and increase efficiency across the team. Assist with testing and implementation and help employees adopt new tools and workflows. Identify opportunities to shift appropriate recurring, tracking, and administrative activities to junior Compliance Officers; develop clear procedures, templates, job aids, or quality-control steps and provide oversight without duplicating the manager’s role.

Basic Qualifications

• Bachelor's degree, or equivalent experience
• Ten or more years of related experience

Preferred Skills/Experience

Demonstrated experience interpreting regulatory requirements, conducting complex compliance reviews, documenting conclusions, managing exceptions, and communicating issues to leadership. Demonstrated experience mentoring junior professionals and leading cross-functional projects or significant workstreams. Experience supporting process improvement, technology implementation, workflow automation, system testing, or operational efficiency initiatives. Extensive knowledge of federal and state securities laws and regulations, including the Investment Company Act of 1940 and the Investment Advisers Act of 1940. Comprehensive knowledge of registered fund products, adviser oversight, service-provider governance, and related policies, operations, and procedures. Ability to lead through influence, coach junior employees, delegate appropriately, and provide clear direction while respecting the formal responsibilities of the Compliance Officer Manager. Ability to analyze existing processes, distinguish administrative work from higher-risk compliance activities, and design scalable workflows with effective quality controls. Ability to translate compliance requirements into technology and automation solutions and collaborate effectively with business, operations, data, and technology partners. Strong analytical, risk-assessment, organization, planning, project management, implementation, and problem-solving skills. Sound judgment and the ability to determine when matters require escalation, additional investigation, or CCO involvement. Clear, concise, and professional written and verbal communication skills, including the ability to prepare Board- and executive-level materials. Ability to work independently, manage multiple priorities and recurring deadlines, and adapt quickly to changing business or regulatory needs. Proficiency with Microsoft Office applications and Adobe Acrobat; experience with Microsoft 365 workflow, collaboration, reporting, or automation tools is preferred.

Work Expectations

Approximately 10% travel may be 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. 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.

Equal Opportunity

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.

Pay Range

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: $111,605.00 - $131,300.00

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.

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.