Fund Compliance Lead for ETFs & Mutual Funds

Usbank; Milwaukee (WI); Hybrid; USD 112,000 - 131,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k)

Paid vacation

Holiday opportunities

Parental leave

Sick and Safe Leave

Job summary

U.S. Bank is seeking a Fund Administration Compliance & Regulatory Supervisor to lead a team ensuring registered investment funds meet regulatory requirements, policies, and client guidelines.

The role oversees testing, reporting, and audit support while serving as a subject matter expert on ETF, mutual fund, and other registered funds. The ideal candidate has extensive fund compliance knowledge, experience managing staff, and strong communication skills.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• CPA certification or candidate.
• Nine or more 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 fund, 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

Regulatory compliance

Fund compliance

Team leadership

Regulatory reporting

Audit support

Microsoft Office

Education

Bachelor's degree in accounting, finance or related field

Tools

Microsoft Office

Job description

U.S. Bank is seeking a Fund Administration Compliance & Regulatory Supervisor to lead a team ensuring registered investment funds meet regulatory requirements, policies, and client guidelines.

The role oversees testing, reporting, and audit support while serving as a subject matter expert on ETF, mutual fund, and other registered funds. The ideal candidate has extensive fund compliance knowledge, experience managing staff, and strong communication skills.