U.S. Bank

Fund Administrator

U.S. Bank

full-time

Posted on:

Location Type: Office

Location: Milwaukee • Wisconsin • United States

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Salary

💰 $60,435 - $71,100 per year

About the role

  • Monitoring a fund budget based on contractual agreements, fee proposals and expense activity trends
  • Helping prepare and assist with ETF and other fund client board of directors meeting materials
  • Helping prepare financial statements for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements
  • Testing portfolio compliance to ensure ETF and other fund adherence to the Investment Company Act of 1940, stated prospectus limitations and internal revenue code guidelines
  • Leading the financial reporting filing requirements for an ETF or other fund client’s fiscal year
  • Developing knowledge to empower you to mentor teammates and begin to communicate effectively with investment advisor clients
  • Assisting mid-level and senior-level Fund Administrators in the coordination of ad-hoc projects which can include ETF, trust and other fund launches, ETF and other fund M&A activity and ETF and other fund liquidations

Requirements

  • Bachelor's degree in accounting or finance, or equivalent work experience
  • One to two years of related work experience
  • General knowledge of ETFs, mutual funds, other investments and security types
  • Basic understanding of legal, regulatory and accounting principles
  • Acknowledgement of ethics and compliance
  • Organized and attentive to detail
  • Ability to manage multiple tasks, projects and deadlines simultaneously
  • Effective verbal and written communication skills
  • Proficient computer navigation skills
  • Experience with Microsoft Excel
  • Willingness to learn new and sometimes complex concepts
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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial statementsGAAPportfolio complianceInvestment Company Act of 1940accounting principlesregulatory reportingbudget monitoringfee proposalsexpense activity trendsad-hoc project coordination
Soft Skills
organizedattentive to detailability to manage multiple taskseffective verbal communicationeffective written communicationmentoringcommunication with clientswillingness to learn
Certifications
Bachelor's degree in accountingBachelor's degree in finance