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Mutual Fund Management Jobs (NOW HIRING)

Phaxis

Mutual Fund Accountant

NY · On-site

$30 - $40/hr

Work in the Wealth Management/Investment Banking domain. * Handle various types of Mutual Funds ... Manage the Mutual Fund income cycle, including income pre-balancing and posting tasks. * Reconcile ...

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 ...

Russell Tobin

Mutual Fund Accountant

Tempe, AZ · Hybrid

... management processing, corporate action application, expense accrual/payment postings, daily net ... Fund Accounting functions are in compliance with SEC regulations and GAAP principles. Basic ...

US Bank

Mutual Fund Administrator

Minneapolis, MN · Hybrid

$60K - $71K/yr

Manage daily operational and compliance activities for assigned funds, ensuring accuracy ... the mutual fund industry and their clients - Ability to manage multiple tasks/projects and ...

US Bank

Mutual Fund Administrator

Philadelphia, PA · Hybrid

$60K - $71K/yr

Manage daily operational and compliance activities for assigned funds, ensuring accuracy ... the mutual fund industry and their clients - Ability to manage multiple tasks/projects and ...

US Bank

Mutual Fund Administrator

Harrisburg, PA · Hybrid

$60K - $71K/yr

Manage daily operational and compliance activities for assigned funds, ensuring accuracy ... the mutual fund industry and their clients - Ability to manage multiple tasks/projects and ...

LPL Financial

Mutual Fund Trader

Tempe, AZ · On-site

$29.71 - $49.52/hr

The Mutual Fund Trader will provide a high level of subject matter expertise with Mutual Fund, UIT ... Identify risk, analyze procedures, and work with managers to resolve procedural gaps. When ...

LPL Financial Holdings, Inc.

Mutual Fund Trader

Tempe, AZ · On-site

$29.71 - $49.52/hr

The Mutual Fund Trader will provide a high level of subject matter expertise with Mutual Fund, UIT ... Identify risk, analyze procedures, and work with managers to resolve procedural gaps. When ...

UBS

Mutual Fund Product Specialist

Weehawken, NJ · On-site

$90K - $120K/yr

Are you driven by a deep interest in investment product management, eager to shape and innovate our ... mutual fund and money market fund business as the primary subject matter expert, providing ...

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All JobsMutual Fund Management Jobs

Mutual Fund Management information

See salary details

$60K

$89.8K

$161.5K

How much do mutual fund management jobs pay per year?

As of Jun 15, 2026, the average yearly pay for mutual fund management 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 the key skills and qualifications needed to thrive in Mutual Fund Management, and why are they important?

To thrive in Mutual Fund Management, you need a strong grasp of financial analysis, portfolio management, and an advanced degree such as an MBA or CFA certification. Expertise in financial modeling tools, Bloomberg terminals, and portfolio management software is commonly required. Outstanding analytical thinking, decision-making, and effective communication set top-performing managers apart. These skills ensure sound investment strategies, regulatory compliance, and the ability to build trust with clients and stakeholders.

Is mutual funds a good career?

Mutual fund management is a viable career option for individuals interested in finance, investment analysis, and client advisory roles. It typically requires strong analytical skills, knowledge of financial markets, and relevant certifications such as the CFA. The industry offers opportunities for advancement and specialization but can be competitive and demanding in terms of workload and performance expectations.

What types of teams or departments do mutual fund managers typically collaborate with to achieve fund objectives?

Mutual fund managers regularly collaborate with research analysts, risk management teams, compliance officers, and sales or distribution departments. This teamwork is essential for gathering market intelligence, ensuring regulatory adherence, and aligning investment products with client needs. Effective communication and coordination with these groups help managers make informed investment decisions, manage portfolio risks, and respond to market changes efficiently. Such cross-functional collaboration is integral to both daily operations and long-term fund performance.

What is the 15 * 15 * 15 rule?

In mutual fund management, the 15 * 15 * 15 rule refers to a guideline for portfolio diversification, suggesting that an investor should hold at least 15 different mutual funds, each with a minimum of 15 different holdings, and maintain this structure over a 15-year period to reduce risk. This rule emphasizes diversification and long-term planning to optimize investment performance. However, it is a general guideline and not a strict requirement in the industry.

How much do mutual fund managers make?

Mutual fund managers typically earn a median annual salary of around $125,000, with experienced managers earning significantly more, often exceeding $200,000. Compensation can include base salary, bonuses, and performance-based incentives, and often depends on the size of the fund and the manager's experience and performance.

What is the difference between Mutual Fund Management vs Financial Advisor?

AspectMutual Fund ManagementFinancial Advisor
Primary RoleOversees and manages mutual fund portfolios for clients or institutionsProvides personalized financial planning and investment advice to individual clients
Required CredentialsSeries 6/7, CFA often preferredSeries 7, Series 66, CFP certification often preferred
Work EnvironmentAsset management firms, investment companiesFinancial planning firms, banks, independent practice
Industry UsagePart of asset management and investment firmsPart of financial planning and wealth management services

While mutual fund management focuses on managing investment funds on behalf of clients, financial advisors provide personalized financial planning and investment advice. Both roles require financial certifications and work within the financial services industry, but their primary functions and client interactions differ.

What do mutual fund managers do?

Mutual fund managers are responsible for selecting and managing the investments within a mutual fund to meet its investment objectives. They analyze market trends, evaluate securities, and make buy or sell decisions, often using financial analysis tools and research. Their goal is to maximize returns for investors while managing risk according to the fund's strategy.

What is mutual fund management?

Mutual fund management involves overseeing and making investment decisions for a pool of funds collected from multiple investors. A mutual fund manager is responsible for selecting securities such as stocks, bonds, or other assets to align with the fund’s objectives and risk profile. The goal is to maximize returns for investors while managing risk and adhering to regulatory requirements. Mutual fund management also includes monitoring portfolio performance, rebalancing assets, and providing transparent reports to investors.
More about Mutual Fund Management jobs
What job categories do people searching Mutual Fund Management jobs look for? The top searched job categories for Mutual Fund Management jobs are:
Mutual Fund Management jobs near you
Mutual Fund Accountant

Mutual Fund Accountant

Phaxis

NY • On-site

$30 - $40/hr

Contractor

Posted 15 days ago

Job description

Job Description
Day-to-Day Duties
  • Work in the Wealth Management/Investment Banking domain.
  • Handle various types of Mutual Funds, including Unitised, Private Equity, Monthly series, and daily and monthly funds.
  • Manage the Mutual Fund income cycle, including income pre-balancing and posting tasks.
  • Reconcile internal books/accounts with Transfer agents, Custodians, and Third Party Investment Managers.
  • Address and resolve client queries in a timely manner.
  • Participate in audits (internal and external) and contribute to the Risk and Control framework.
  • Implement automation and transformation ideas and initiatives.
Skills Required
  • Strong knowledge of all types of Mutual Funds.
  • Understanding of the risks associated with the Mutual Fund Income process.
  • Hands-on experience with Mutual Fund Income, equalisation, and required documentation.
  • Proficiency in MS Excel.
  • Ability to work independently within strict deadlines and Service Level Agreements (SLAs).
  • Experience with applications like Trust Desk and Addvantage is an added advantage.

Meet Your Recruiter
Ashley Maldonado
Phaxis logo

About Phaxis

Sourced by ZipRecruiter

Phaxis has been working on behalf of amazing clients and candidates for over 20 years, with much success. We have filled over 94,000 roles across our actively serviced clients. Our team understands how to deliver for our clients while guiding our candidates through their career journey and we all want to get you where you want to be. Your goals are our goals, and we treat them as such. Once you work with us, you’re a part of the team! How can we help you? We’re dedicated to helping you find yours.

Industry

Recruiting and staffing services

Company size

51 - 200 Employees

Headquarters location

Melville , NY, US

Year founded

2002

Social media

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