Fund Compliance & Regulatory Supervisor

U.S. Bank; Boston (MA); Hybrid; USD 98,000 - 116,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Retirement plan (401(k))

Paid vacation

Job summary

U.S. Bank is seeking a Fund Administration Compliance & Regulatory Supervisor to lead a team ensuring ETF, mutual fund, and other registered funds meet regulatory requirements, policy limits, and client guidelines. You will oversee testing, reporting, and audits while guiding staff on regulatory changes.

The role emphasizes accuracy, accountability, and collaboration with clients and internal teams, including leading training and improvements in compliance processes.

Qualifications

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

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

Regulatory compliance

Fund administration

Leadership

Education

Bachelor's degree in accounting, finance or related field

Job description

U.S. Bank is seeking a Fund Administration Compliance & Regulatory Supervisor to lead a team ensuring ETF, mutual fund, and other registered funds meet regulatory requirements, policy limits, and client guidelines. You will oversee testing, reporting, and audits while guiding staff on regulatory changes.

The role emphasizes accuracy, accountability, and collaboration with clients and internal teams, including leading training and improvements in compliance processes.