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Mutual Fund Back Office Operations Jobs (NOW HIRING)

UMB Financial

Mutual Fund Accountant

Milwaukee, WI

$38K - $56K/yr

The UMB Registered Fund team manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients. The Registered Fund Accounting group is ...

SS&C

Manager, Middle Office Operations

New York, NY · Hybrid

BA in business/finance or related discipline * 7+ years' experience with Back Office Operations working for either a Prime Broker, Administrator, Hedge Fund, Mutual Fund, Investment Advisor or ...

U.S. Bank

Mutual Fund Relationship Manager 3

Milwaukee, WI · On-site

$68K - $93K/yr

Leverage in-depth knowledge of transfer agent functions and processes to support operations and ... Excellent PC skills and working experience in Windows environment & Office Suite products.

US Bank

Mutual Fund Relationship Manager 3

Milwaukee, WI · Hybrid

$68K - $93K/yr

Leverage in-depth knowledge of transfer agent functions and processes to support operations and ... Excellent PC skills and working experience in Windows environment & Office Suite products.

Americo

Mutual Fund Assistant

Kansas City, MO · On-site

... office location. Overview The Mutual Funds Assistant will directly support N.I.S. Financial ... Review and forward additional purchases to various mutual fund companies. * Process address changes ...

Hilltop Holdings

Operations Specialist

Dallas, TX · On-site

Direct Mutual Fund Specialist Job Summary At HilltopSecurities, we are committed to building ... The department provides back-office support and service for the entire firm. With well over 100 ...

Hilltop Holdings

Operations Specialist

Dallas, TX

Direct Mutual Fund Specialist Job Summary At HilltopSecurities, we are committed to building ... The department provides back-office support and service for the entire firm. With well over 100 ...

Prime Lending

Operations Specialist

Dallas, TX · On-site

Direct Mutual Fund Specialist Job Summary At HilltopSecurities, we are committed to building ... back-office systems is a plus. * Demonstrated customer service orientation with effective ...

AllianceBernstein

Mutual Fund Paralegal

Nashville, TN · On-site

We are looking for a Mutual Fund ('40 Act) Paralegal to join our Mutual Fund Legal Group in a fast ... Experience with Microsoft Office Suite and the ability to learn new databases/programs quickly

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All JobsMutual Fund Back Office Operations Jobs

Mutual Fund Back Office Operations information

See salary details

$60K

$89.8K

$161.5K

How much do mutual fund back office operations jobs pay per year?

As of Jul 14, 2026, the average yearly pay for mutual fund back office operations in the United States is $89,770.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $94,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced in Mutual Fund Back Office Operations, and how can new team members prepare for them?

One of the main challenges in Mutual Fund Back Office Operations is managing high volumes of transactions accurately and within tight deadlines, especially during peak reporting periods. New team members should be prepared to work with complex financial data, ensure regulatory compliance, and quickly adapt to evolving software systems. Attention to detail, strong organizational skills, and effective communication with both internal teams and external partners are essential for success. Proactively seeking training on industry regulations and back office platforms can help ease the transition and boost confidence in the role.

What is the difference between Mutual Fund Back Office Operations vs Mutual Fund Customer Service?

AspectMutual Fund Back Office OperationsMutual Fund Customer Service
Primary RoleProcessing transactions, maintaining records, complianceHandling investor inquiries, providing account information
Skills & CertificationsKnowledge of fund operations, compliance, relevant certificationsCustomer service skills, communication, basic financial knowledge
Work EnvironmentBack-end office, data processing centersCall centers, client-facing offices
Industry UsageFund companies, asset management firmsFund companies, third-party service providers

Mutual Fund Back Office Operations focuses on processing transactions and ensuring compliance, while Mutual Fund Customer Service emphasizes assisting investors directly. Both roles are essential in the mutual fund industry but differ in responsibilities and work environment.

What are Mutual Fund Back Office Operations?

Mutual Fund Back Office Operations refer to the administrative and support activities that take place behind the scenes in a mutual fund company. These operations include processing investor transactions, maintaining records, reconciling accounts, calculating net asset values (NAV), handling compliance requirements, and coordinating with custodians and registrars. The back office ensures that all transactions are accurately recorded and regulatory obligations are met, allowing the front office to focus on investment decisions and client relationships. Efficient back office operations are crucial for the smooth functioning and integrity of mutual fund services.

What are the key skills and qualifications needed to thrive in Mutual Fund Back Office Operations, and why are they important?

To excel in Mutual Fund Back Office Operations, you need strong analytical abilities, attention to detail, and a background in finance or accounting, often supported by a bachelor's degree in a related field. Familiarity with mutual fund accounting software, MS Excel, and knowledge of financial regulatory systems are typically required. Excellent organizational skills, problem-solving, and effective communication are vital soft skills for ensuring accurate processing and coordination. These competencies ensure the integrity and efficiency of financial transactions, regulatory compliance, and smooth operational workflows.
More about Mutual Fund Back Office Operations jobs
What cities are hiring for Mutual Fund Back Office Operations jobs? Cities with the most Mutual Fund Back Office Operations job openings:
What states have the most Mutual Fund Back Office Operations jobs? States with the most job openings for Mutual Fund Back Office Operations jobs include:
What job categories do people searching Mutual Fund Back Office Operations jobs look for? The top searched job categories for Mutual Fund Back Office Operations jobs are:
Mutual Fund Back Office Operations jobs near you
Infographic showing various Mutual Fund Back Office Operations job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 76% Full Time, 20% Part Time, and 3% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $89,770 per year, or $43.2 per hour.
Mutual Fund Accountant

Mutual Fund Accountant

UMB Financial Corporation

Milwaukee, WI • On-site

$38K - $56K/yr

Full-time

Re-posted 17 days ago

Job description

The UMB Registered Fund team manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.
The Registered Fund Accounting group is responsible for all functions related to the daily calculation of the net asset value for multiple mutual funds, as well as, performing the accounting, pricing, review and reconciliation functions for multiple funds such as U.S. and Foreign Equities, Bonds, Simple Derivatives, Advanced Derivatives, Bank Loans, Private Credit. The team is made up of Fund Accountant I's, II's, III's, Leads, and Managers, which handle more complex funds depending on the Fund Accountant level.
Due to growth, the Registered Fund Accounting group is hiring several new additional head count positions for Fund Accountants I, II, and III's.
Fund Accountant I: 43,000 - 62,800
Fund Accountant II: 49,510 - 72,330
Fund Accountant III: 56,890 - 83,080
How you will spend your time:
  • Oversee general ledger accounting functions for multiple funds
  • Prepare and review preliminary trial balance and NAV calculation for multiple funds
  • Monitor and analyze income and expense accruals to ensure GAAP compliance
  • Analyze corporate action application for GAAP compliance
  • Reconcile cash settlements to the custodian and prime broker records
  • Reconcile position quantity to the custodian and prime broker records
  • Investigate and resolve cash or position discrepancies by collaborating with the custodian, prime brokers, transfer agency, advisor, and/or portfolio managers/traders
  • Review and resolve trade detail exceptions to ensure transactions are accurately reflected by collaborating with the advisor/portfolio manager or trader.
  • Analyze security pricing exceptions to ensure proper prices are used in the calculation of the NAV
  • Partner with various internal/external parties to ensure compliance with SEC regulations, IRS, and GAAP reporting regulations
  • Coordinate audit materials as well as responses to audit inquiries
  • Other duties as assigned.

We're excited to talk with you if:
  • You possess a Bachelor's Degree in one of the following Accounting, Finance, Investment Banking, Economics, or International Business

* The hiring level and final pay will be based on the candidate's verified experience during the interview process
Compensation Ranges:
US Employees in California, Washington DC, New Jersey, and New York:
$47,100 - $68,600
US Employees in Colorado, Connecticut, Delaware, Illinois, Massachusetts, Maryland, Minnesota, Pennsylvania, Rhode Island, Texas, Washington, and Wisconsin:
$43,000 - $62,800
US Employees in all other states not listed above:
$38,910 - $56,990
The posted compensation range on this listing represents UMB's good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. Please see the description of benefits included with this job posting for additional information.
UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.
Are you ready to be part of something more?
You're more than a means to an end-a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.
UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to talentacquisition@umb.com to let us know the nature of your request.
If you are a California resident, please visit our Privacy Notice for California Job Candidates to understand how we collect and use your personal information when you apply for employment with UMB.
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