Distribution & Expense Analyst

U.S. Bank; Milwaukee (WI); Presencial; USD 67 000 - 78 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k)

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Resumo da oferta

U.S. Bank seeks a fund operations professional to support daily financial and compliance activities for mutual funds, ETFs, closed-end funds, and related clients.

You will coordinate with investment advisors, custodians, transfer agents, fund accountants, attorneys and auditors to ensure accurate reporting and timely communication. The role emphasizes adherence to accounting principles, SEC/GAAP compliance, and the ability to manage multiple tasks within regulatory deadlines while delivering

Qualificações

• Bachelor's degree in accounting or finance, or equivalent work experience.
• Two to five years of related work experience.

Responsabilidades

• Supports the day-to-day financial and compliance operations of a mutual fund, exchange-traded fund, closed-end fund and/or business development company client.
• Responsible for primary contact with fund clients including coordination of activities and communications of fund operations and service providers such as investment advisor, custodian, transfer agent, fund accountant, attorneys and auditors.
• Duties may include monitoring and/or reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends.
• Help prepare and/or review financial statements for client shareholders and test/review portfolio compliance with SEC, GAAP and regulatory reporting requirements.

Conhecimentos

Mutual fund knowledge

Communication skills

Attention to detail

Formação académica

Bachelor's degree in accounting or finance or equivalent experience

Ferramentas

Microsoft Office

Descrição da oferta de emprego

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

Join a dynamic team supporting the day-to-day financial and compliance operations of mutual funds, exchange-traded funds, closed-end funds, and business development company clients. You’ll serve as a key point of contact for fund clients, coordinating activities and communications with investment advisors, custodians, transfer agents, fund accountants, attorneys, and auditors. You’ll also have the opportunity to monitor fund budgets and expenses, assist with financial statement preparation and review, and support portfolio compliance with SEC, GAAP, and regulatory reporting requirements.

Job Description:

• Supports the day-to-day financial and compliance operations of a mutual fund, exchange-traded fund, closed-end fund and/or business development company client.
• Responsible for primary contact with fund clients including coordination of activities and communications of fund operations and service providers such as investment advisor, custodian, transfer agent, fund accountant, attorneys and auditors.
• Duties may include monitoring and/or reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends.
• Help prepare and/or review financial statements for client shareholders and test/review portfolio compliance with SEC, GAAP and regulatory reporting requirements.

Basic Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience
• Two to five years of related work experience

Preferred Skills/Experience

• General knowledge and understanding of legal, regulatory and accounting principles which directly affect the mutual fund industry and their clients
• Experience in Mutual Fund Administration or related field
• 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

This role requires working from a U.S. Bank location three (3) or more days per week.

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.

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.

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

Review our full benefits available by employment status here.

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: $66,640.00 - $78,400.00

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.