Fund Administrator
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Milwaukee • California • New Jersey • United States
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Salary
💰 $75,820 - $89,200 per year
About the role
- Help lead a servicing team who supports the day-to-day financial and compliance operations of an exchange-traded fund ("ETF"), mutual fund, closed end fund and/or business development company client.
- Monitoring and reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends.
- Reviewing ETF and other fund client board of directors meeting materials.
- Reviewing financial statements (e.g., statement of assets and liabilities, schedule of investments, statement of operations, statement of changes in net assets, statement of cash flows and accompanying financial footnotes).
- Reviewing 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.
- Mentoring teammates or in certain cases direct reports.
Requirements
- Bachelor's degree in accounting or finance, or equivalent work experience
- Five to seven years of related work experience
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 reportingbudget monitoringfinancial statement reviewportfolio compliancecontractual agreementsfee proposalsexpense activity analysisInvestment Company Act of 1940internal revenue code guidelines
Soft Skills
leadershipmentoringteam collaboration