Chief Compliance Officer - Multi-Trust Funds (MST)

U.S. Bank; Philadelphia (Philadelphia County); Hybrid; USD 170,000 - 200,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance (basic)

Disability insurance (short/long-term)

Parental leave

401(k) and retirement plan

Paid vacation

11 paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank seeks an experienced Compliance executive for the MST, overseeing compliance programs, policies, and regulatory guidance. You will supervise the CCO team, coordinate with MST Officers, and participate in Board meetings, while managing examinations and annual reports.

Ideal candidates have a decade of related experience, strong knowledge of securities regulations, and the ability to drive cross‑department collaboration. Hybrid work with in-office days is offered.

Qualifications

• Bachelor's degree, or equivalent experience
• Ten or more years of related experience
• Two or more years of managerial experience
• Strong knowledge of federal securities regulations (1940 Act, Advisers Act, AML)
• Prior experience with compliance or operational aspects of ETFs
• Strong organization, analytical, managerial and project management skills
• Ability to work independently and effectively manage priorities
• Team player who can adjust rapidly in response to critical business needs

Responsibilities

• Maintaining the MST’s compliance program, including the review and administration of compliance policies and procedures and the creation of new policies and procedures in response to newly issued regulatory guidance
• Compliance oversight of service providers to the MST, specifically numerous independent investment advisers, U.S. Bank Global Fund Services as Transfer Agent, Fund Administrator, and Fund Accountant, U.S. Bank as Custodian, and external parties such as Distributor(s) to the Funds
• Reviewing compliance programs and related documentation of the MST’s service providers and conducting site visits (on-site or virtually) to observe the compliance programs in place at the MST’s service providers
• Working closely with other MST Officers and actively participating in MST Board Meetings
• Overseeing, coaching, and providing feedback on the CCO Support Staff assigned to the MST
• Acting as the MST anti-money laundering (AML) Officer for their respective Trust
• Managing the MST’s regulatory examinations
• Preparing and delivering the MSTs compliance reports, including the 38a-1 annual report

Skills

Leadership

Communication skills

Analytical skills

Team management

Outlook

Teams

Word

Excel

Education

Bachelor's degree

Master’s degree / JD a plus

Tools

Outlook

Teams

Word

Excel

Job description

U.S. Bank seeks an experienced Compliance executive for the MST, overseeing compliance programs, policies, and regulatory guidance. You will supervise the CCO team, coordinate with MST Officers, and participate in Board meetings, while managing examinations and annual reports.

Ideal candidates have a decade of related experience, strong knowledge of securities regulations, and the ability to drive cross‑department collaboration. Hybrid work with in-office days is offered.