Fund Administrator

U.S. Bank; Brea (CA); Hybrid; USD 69,000 - 81,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

11 paid holidays

Disability insurance

Parental leave

Adoption assistance

Job summary

U.S. Bank's Fund Administration team seeks a detail-oriented professional to support mutual funds, ETFs, closed-end funds, and related vehicles.

You will serve as a primary contact for fund clients and coordinate with investment advisors, custodians, transfer agents, and fund accountants. Responsibilities include monitoring budgets and expenses, reviewing financial statements, and helping ensure SEC, GAAP, and regulatory compliance.

Qualifications

• Bachelor's degree in accounting or finance or equivalent work experience.
• 1–2 years of related work experience.

Responsibilities

• Supports day-to-day financial and compliance operations for fund clients and service providers.
• Duties include monitoring budgets, reviewing financial statements, and ensuring SEC/GAAP compliance.

Skills

Accounting

Finance

Regulatory compliance

Financial reporting

Communication

Microsoft Office

Education

Bachelor's degree in accounting or finance

Tools

MS Office

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.

Job Description

Join our Fund Administration team and play a key role in supporting the financial, operational, and compliance activities of mutual funds, exchange-traded funds (ETFs), closed-end funds, and business development companies. In this client-facing position, you will serve as a primary contact for fund clients and coordinate with investment advisors, custodians, transfer agents, fund accountants, attorneys, and auditors. Responsibilities include monitoring fund budgets and expenses, reviewing financial statements, and helping ensure compliance with SEC, GAAP, and regulatory requirements. This opportunity is ideal for a detail-oriented professional with strong analytical, relationship management, and financial reporting skills who thrives in a collaborative, fast-paced environment.

Responsibilities

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
• One to two years of related work experience

Preferred Skills/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 simultaneouslyEffective verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Location

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.

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

Pay Range: $68,850.00 - $81,000.00

Background checks and other compliance details

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 Note

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.