Operations Manager, Private Capital Systems (Investran)

039 U.S. Bancorp Fund Services, LLC; Boston (MA); Presencial; USD 148 000 - 175 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Healthcare (medical, dental, vision)

Life insurance

Disability insurance

Pregnancy disability and parentalleave

401(k) and employer-funded retirement

Paid vacation

Up to 11 paid holidays

Adoption assistance

Sick and Safe Leave

Resumo da oferta

U.S. Bank is seeking a senior leader to manage and optimize private capital accounting and investment operations, with a focus on Investran.

You will oversee teams handling fund and investor accounting, reporting, and platform conversions, ensuring data integrity and compliant controls. Ideal candidates bring deep Investran experience, strong project and stakeholder management, and ability to drive process improvements across accounting and operations.

Qualificações

• Bachelor's degree or equivalent work experience.
• 8+ years of relevant experience in private capital, fund administration, fund accounting, or investment operations.

Responsabilidades

• Directly and through staff, manages and coordinates operational activities supporting private capital accounting and investment operations platforms, with focus on Investran.
• Leads operational readiness, conversion activities, and ongoing support for fund accounting, investor accounting, reporting, and related business functions.
• Partners with Accounting, Operations, Technology, Conversion, and Business stakeholders to ensure data integrity, efficient processes, successful platform implementations, and high-quality service delivery.

Conhecimentos

Investran PCS

Fund accounting

Investor accounting

Portfolio accounting

Reporting

Data mapping

Data validation

Data migration

Private equity

Private credit

Real estate

Infrastructure

Alternative investments

UAT

Go-live support

Capital calls

Distributions

Waterfalls

NAV calculations

Investor reporting

Power BI

SSRS

Crystal Reports

Investran Reports

Operational risk

Process improvement

Project management

Stakeholder management

Communication

Formação académica

Bachelor's degree

Ferramentas

Investran Reports

SSRS

Crystal Reports

Power BI

Descrição da oferta de emprego

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 its 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

Directly and through staff, manages and coordinates operational activities supporting the organization's private capital accounting and investment operations platforms, with a primary focus on FIS Investran. Leads operational readiness, process optimization, conversion activities, and ongoing support for fund accounting, investor accounting, reporting, and related business functions. Partners closely with Accounting, Operations, Technology, Conversion, and Business stakeholders to ensure data integrity, efficient processes, successful platform implementations, and high-quality service delivery. Provides leadership to teams responsible for Investran operations, conversion support, onboarding activities, reconciliation processes, reporting oversight, and business process execution. Establishes performance expectations, drives accountability, and ensures adherence to corporate policies, regulatory requirements, and operational controls.

Basic Qualifications

• Bachelor's degree or equivalent work experience
• 8+ years of relevant experience in private capital, fund administration, fund accounting, or investment operations

Preferred Skills & Experience

• Hands-on experience with FIS Investran (PCS), including fund accounting, investor accounting, portfolio accounting, and reporting
• Experience leading or supporting Investran implementations, migrations, conversions, or large-scale onboarding initiatives
• Strong understanding of private equity, private credit, real estate, infrastructure, and alternative investment fund structures
• Experience with conversion activities including: Data mapping and validation
• Historical data migration
• Parallel accounting and reconciliation
• User acceptance testing (UAT)
• Business readiness and go-live support
• Thorough understanding of fund accounting concepts including: Capital calls, Distributions, Waterfalls, Allocations, NAV calculations, Investor reporting
• Experience partnering with business, operations, technology, and vendor teams to resolve complex accounting and operational issues
• Working knowledge of reporting tools such as Investran Reports, SSRS, Crystal Reports, Power BI, or equivalent reporting platforms
• Experience managing operational risk, controls, and process improvement initiatives within a private capital environment
• Strong project management and stakeholder management skills
• Excellent communication skills with the ability to engage effectively with senior leadership, clients, and cross-functional teams
• Proven experience building and leading high-performing operations and accounting teams

Ideal Candidate Profile

The ideal candidate will have direct experience with Investran fund accounting and/or Investran conversion programs, including participation in platform implementations, operating model transformations, fund onboarding, or large-scale data migration initiatives. Candidates with experience at fund administrators, asset managers, or financial institutions utilizing Investran will be strongly preferred.

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

Equal Opportunity Employer

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: $148,495.00 - $174,700.00

Background Checks

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 Status

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 its potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what you excel at all from Day One.