Fund Administrator Jobs (NOW HIRING)

Your journey starts now.

U.S. Bank Global Fund Services is seeking a future team member for the role ofFund Administrator 1 and 2 to support our Fund Administration team.

As a Fund Administrator 1, you will be assigned to a servicing team who helps support 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. In Fund Administration, we value clients first and employees always. We take pride in doing the right thing each and every day in a fun, challenging and fulfilling environment. Our leadership and team mentors are committed to you and we will provide you with an array of resources and teaching methodologies to help you succeed and grow as a financial professional and future leader.

As a Fund Administrator, you will spend key time:

• 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 (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) for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements. This process involves being the liaison between internal departments, external legal counsel, fund auditors and our clients.

• 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.

Schedule: Monday through Friday 8:00 am to 5:00 pm (CT)

Location: 3 or more days in Milwaukee, WI or Oshkosh, WI location

Basic Qualifications

• Bachelor's degree in accounting or finance, or equivalent work experience

• One to two years of related work experience

Preferred Skills/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

As a Fund Administrator 2, you will be assigned to a servicing team who helps support 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. In Fund Administration, we value clients first and employees always. We take pride in doing the right thing each and every day in a fun, challenging and fulfilling environment. Our leadership and team mentors are committed to you, and we will provide you with an array of resources and teaching methodologies to help your continued succession as a financial professional and leader.

As a Fund Administrator 2, you will spend key time:

• Monitoring and reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends.

• Helping prepare and review ETF and other fund client board of directors meeting materials. This may involve attendance of virtual meetings and presentation of materials.

• Helping prepare and review 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) for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements. This process involves being a liaison between internal departments, external legal counsel, fund auditors and our clients.

• Testing and 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.

• Developing knowledge to empower you to mentor teammates and communicate effectively with investment advisor clients.

• Assisting 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.

Schedule: Monday through Friday 8:00 am to 5:00 pm (CT)

Location: 3 or more days in Milwaukee, WI or Oshkosh, WI location

Basic Qualifications

- Bachelor's degree in accounting or finance, or equivalent work experience
- Two to five years of related work experience

Preferred Skills/Experience

• Knowledge of ETFs, mutual funds, other investments and security types

• Understanding of legal, regulatory and accounting principles

• Acknowledgement of ethics and compliance

• Organized an attentive to detail

• Ability to manage multiple tasks, projects and deadlines simultaneously

• Effective verbal and written communication skills

• Proficient computer navigation skills

• Intermediate to expert Microsoft Excel ability

• Willingness to learn new and sometimes complex concepts

This position is not eligible for visa sponsorship.

This role requires working from a U.S. Bank location three (3) or more days per week.