Fund Compliance Lead for ETFs & Mutual Funds

U.S. Bank; Boston (MA); On-site; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Parental leave

401(k) retirement plan

Paid vacation

11 paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank is seeking a Fund Administration Compliance Supervisor to lead a team ensuring registered funds meet regulatory requirements and internal policies. You will oversee monitoring, reporting, and audits across ETFs, mutual funds, and similar products, guiding staff on regulatory changes.

The role emphasizes technical compliance knowledge, staff development, and process improvements while supporting growth initiatives and client activities. This position requires working from a U.S.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• CPA certification or candidate.
• Nine+ years of experience in Mutual Fund Administration or related field.

Responsibilities

• Lead and supervise a team responsible for monitoring compliance with regulatory requirements, prospectus restrictions, investment policies, and internal controls, including fund compliance programs, regulatory filings, and board reporting.
• Oversee daily, weekly, and periodic compliance testing for mutual funds, ETFs, closed-end funds, and other registered investment products.
• Review and approve compliance reporting deliverables, exception reports, and regulatory monitoring results.
• Ensure timely identification, escalation, documentation, and resolution of compliance exceptions and regulatory breaches.
• Maintain documentation supporting compliance testing methodologies, procedures, and controls.
• Provide training and technical guidance to staff regarding regulatory and procedural changes.
• Evaluate existing procedures and implement process improvements to enhance efficiency and compliance.
• Support business growth initiatives, including participation in new client or product activities.

Skills

Team leadership

Regulatory compliance

Strong communication

Project management

Education

Bachelor's degree in accounting, finance or related field

CPA certification or candidate

Tools

Microsoft Office

Job description

U.S. Bank is seeking a Fund Administration Compliance Supervisor to lead a team ensuring registered funds meet regulatory requirements and internal policies. You will oversee monitoring, reporting, and audits across ETFs, mutual funds, and similar products, guiding staff on regulatory changes.

The role emphasizes technical compliance knowledge, staff development, and process improvements while supporting growth initiatives and client activities. This position requires working from a U.S.