Mutual Fund Relationship Manager 3

Us Bank; Milwaukee (WI); On-site; USD 75,820 - 89,200; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement plan

Paid vacation (2 to 5 weeks)

Up to 11 paid holiday opportunities

Job summary

U.S. Bank is seeking a Transfer Agent to provide professional support to mutual fund clients and ensure high levels of client satisfaction. This role involves managing inquiries and building relationships with clients, while educating them on new product offerings and regulatory requirements.

The ideal candidate will possess a Bachelor’s degree and 4-6 years of relevant experience. The position offers a hybrid work schedule with flexibility and a comprehensive benefits package including healthcare and retirement plans.

Qualifications

• Bachelor's degree in business administration or related field, or equivalent experience.
• Four to six years of experience in a mutual fund related or brokerage industry position.

Responsibilities

• Act as primary liaison for clients regarding transfer agent services.
• Build and maintain strong client relationships.
• Educate clients on new transfer agent product offerings.
• Evaluate pricing and support client adoption of new services.
• Partner with transfer agent teams for process improvements.
• Ensure adherence to internal standards and regulatory requirements.
• Demonstrate strong organizational skills and manage multiple tasks.
• Collaborate with cross-functional teams to deliver consistent service.

Skills

Excellent verbal and written communication

Strong organizational skills

Ability to manage multiple tasks

Understanding of financial services industry

Education

Bachelor's degree in business administration or related field

Four to six years of experience in mutual fund or brokerage

Tools

Office Suite products

Software programs specific to Fund Services

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

U.S. Bank Global Fund Services offers fund administration, compliance, legal administration, fund accounting, fulfillment, distribution and marketing, custody, securities lending, transfer agent and shareholder services and alternative investment product services. We provide the products and services necessary for fund sponsors to focus on investing while we protect their business interests and minimize risks.

As a Transfer Agent, we act as liaison and provide service to over 200 mutual fund/alternative investment companies and their shareholders. We have numerous opportunities for individuals, with excellent multitasking abilities to provide a superior level of service within the mutual fund industry to our growing group of high-profile clients and their shareholders. Efficient and detail-oriented individuals will be able to showcase their talents and develop long lasting relationships through excellent verbal, and written communications.

Job Descriptions:

• Act as the primary liaison for clients regarding transfer agent (TA) services, providing professional, timely support to mutual fund clients, shareholders, auditors, and internal partners
• Build and maintain strong client relationships by responding promptly to inquiries, understanding client priorities, and ensuring a high level of client satisfaction
• Educate clients on new transfer agent product offerings, industry updates, and enhancements, including promoting adoption of digital tools and solutions
• Evaluate pricing and support client adoption of new services in alignment with business goals and client needs
• Partner with transfer agent teams to identify and implement process improvements that enhance client experience and operational efficiency
• Ensure adherence to internal standards, client service level agreements (SLAs), and regulatory requirements, including SEC and IRS guidelines
• Demonstrate strong organizational skills by effectively prioritizing work, managing multiple tasks, and adapting to shifting client needs and deadlines
• Leverage in-depth knowledge of transfer agent functions and processes to support operations and resolve complex issues
• Produce high-quality work that is accurate, thorough, and detail-oriented
• Collaborate with cross-functional teams across the organization to deliver consistent and effective service
• Provide peer leadership by sharing knowledge, supporting team members, and reinforcing understanding of internal policies and procedures
• Contribute to a culture of continuous improvement, risk awareness, and employee engagement aligned with quality management standards

Basic Qualifications

• Bachelor's degree in business administration or related field, or equivalent experience
• Four to six years of experience in a mutual fund related or brokerage industry position

Preferred Skills/Experience

• Ability to perform multiple tasks in a dynamic working environment with minimal supervision.
• Advanced knowledge of the financial services industry and an understanding of operations, legal or accounting principles which impact the mutual fund industry.
• Working knowledge of applicable SEC and IRS regulations as well as understanding of mutual fund investment company concepts.
• Excellent oral and written communication skills, organizational and time management skills and problem-solving abilities.
• Excellent PC skills and working experience in Windows environment and Office Suite products.
• Working knowledge of software programs and applications specific to Fund Services.
• Manage client relationships and may assist TA Client Service Managers with client responsibilities and departmental initiatives.
• Interaction with the client and client visits and or presentations may be accompanied by Senior TA Client Services Manager.
• Flexibility with work hours as required meeting expectations of the client.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to disability accommodations for applicants.

Benefits

• 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.

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $75,820.00 - $89,200.00.

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 may be closed earlier due to high volume of applicants.

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.