Mutual Fund Administrator

U.S. Bank is on a journey to help customers and businesses make better financial decisions. The Mutual Fund Administrator will support the day-to-day financial and compliance operations of mutual funds and serve as a primary point of contact for assigned fund clients, coordinating activities and communications among key fund service providers.

Responsibilities

• Manage daily operational and compliance activities for assigned funds, ensuring accuracy, timeliness, and adherence to regulatory requirements
• Act as the main liaison for fund clients by coordinating communications and deliverables across internal teams and external service providers
• Monitor and review fund budgets in alignment with contractual agreements, fee proposals, and expense trends
• Assist in the preparation and/or review of financial statements for client shareholders, ensuring compliance with GAAP, SEC regulations, and other applicable reporting standards
• Conduct or support portfolio compliance testing and reviews to ensure adherence to regulatory requirements and prospectus guidelines

Skills

• Bachelor's degree in accounting or finance, or equivalent work experience
• One to two years of related work experience
• Some knowledge and understanding of legal, regulatory and accounting principles which directly affect the mutual fund industry and their clients
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Effective verbal and written communication skills
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

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
• Incentive and recognition programs
• Equity stock purchase
• 401(k) contribution
• Pension (all benefits are subject to eligibility requirements)
• 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

Company Overview