ETF & Mutual Fund Distribution Leader

U.S. Bank; Milwaukee (WI); On-site; USD 98,000 - 116,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement!

Paid vacation and holidays

Adoption assistance

Job summary

U.S. Bank is seeking a Distribution and Expense Servicing Supervisor to support ETF and mutual fund operations, reviewing distributions, calculations, reconciliations, and tax classifications while coordinating with fund administrators and vendors.

The role requires a Bachelor's in accounting/finance, CPA or candidate, and 8+ years in fund administration or public accounting; strong Excel skills, attention to detail, and ability to manage multiple deadlines.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• CPA certified or candidate.
• Eight or more years of experience in Fund Administration or related field, i.e., public accounting.

Responsibilities

• Reviewing calculations, projected income and capital gain distribution estimates for clients.
• Monitoring and reviewing the overall distribution process for clients, comprising accurate and timely calculations, reconciliations and payment of dividends and capital gains for ETF and mutual fund products.
• Validate distribution rates, components, and tax classifications (e.g., ordinary income, qualified dividends, capital gains, return of capital) and review vendor reporting and income projections.
• Collaborating with fund administrators, tax administrators, fund accountants, transfer agents, custodians, index providers and exchanges.
• Support daily financial operations for ETF and mutual fund products by overseeing invoice processing, managing vendor relationships, and ensuring accurate allocation of fund expenses.
• Maintain organized records and ensure compliance with internal controls.
• Work closely with internal teams and external service providers.
• Helping lead the coordination of projects, mentor teammates, use problem-solving skills and communicate effectively with mid-level and senior-level Fund Administrators.

Skills

Analytical skills

Excel proficiency

Attention to detail

Problem-solving

Education

Bachelor's degree in accounting, finance or related field

CPA certified or candidate

Tools

Microsoft Excel

Job description

U.S. Bank is seeking a Distribution and Expense Servicing Supervisor to support ETF and mutual fund operations, reviewing distributions, calculations, reconciliations, and tax classifications while coordinating with fund administrators and vendors.

The role requires a Bachelor's in accounting/finance, CPA or candidate, and 8+ years in fund administration or public accounting; strong Excel skills, attention to detail, and ability to manage multiple deadlines.