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Mutual Fund Processor Jobs (NOW HIRING)

US Bank

Fund Supervisor

Boston, MA

$75K - $102K/yr

... ETF"), mutual fund, closed end fund and/or business development company clients. In Fund ... Evaluate existing procedures and implement process improvements to enhance efficiency and ...

US Bank

Fund Supervisor

New York, NY

$75K - $103K/yr

... ETF"), mutual fund, closed end fund and/or business development company clients. In Fund ... Evaluate existing procedures and implement process improvements to enhance efficiency and ...

US Bank

Fund Supervisor

Tempe, AZ

$66K - $90K/yr

... ETF"), mutual fund, closed end fund and/or business development company clients. In Fund ... Evaluate existing procedures and implement process improvements to enhance efficiency and ...

US Bank

Fund Supervisor

Milwaukee, WI

$68K - $93K/yr

... ETF"), mutual fund, closed end fund and/or business development company clients. In Fund ... Evaluate existing procedures and implement process improvements to enhance efficiency and ...

US Bank

Fund Supervisor

Oshkosh, WI

$67K - $92K/yr

... ETF"), mutual fund, closed end fund and/or business development company clients. In Fund ... Evaluate existing procedures and implement process improvements to enhance efficiency and ...

U.S. Bank

Fund Supervisor

Milwaukee, WI · On-site

$68K - $93K/yr

... ETF"), mutual fund, closed end fund and/or business development company clients. In Fund ... Evaluate existing procedures and implement process improvements to enhance efficiency and ...

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Mutual Fund Processor information

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How much do mutual fund processor jobs pay per hour?

As of Jun 29, 2026, the average hourly pay for mutual fund processor in the United States is $18.31, according to ZipRecruiter salary data. Most workers in this role earn between $15.62 and $20.19 per hour, depending on experience, location, and employer.

What is the salary of a mutual fund officer?

The salary of a mutual fund officer typically ranges from $40,000 to $80,000 annually, depending on experience, location, and the size of the firm. Entry-level positions may start lower, while experienced professionals with certifications can earn higher salaries. Compensation often includes bonuses and benefits related to the financial services industry.

What jobs make $1,000,000 a year?

In the financial sector, high-level roles such as hedge fund managers, private equity partners, and senior investment bankers can earn $1,000,000 or more annually. These positions typically require extensive experience, advanced skills, and often involve performance-based bonuses and profit sharing. Other high-paying careers include CEOs of large corporations and successful entrepreneurs, but these are less common and often involve significant risk and responsibility.

What does a Mutual Fund Processor do?

A Mutual Fund Processor is responsible for handling the administrative and operational tasks associated with mutual fund transactions. This includes processing purchase and redemption orders, reconciling account statements, ensuring compliance with regulatory requirements, and maintaining accurate records of all transactions. They often act as a liaison between clients, financial advisors, and mutual fund companies to ensure that all transactions are executed smoothly and efficiently. Attention to detail and strong organizational skills are essential for this role.

What are the key skills and qualifications needed to thrive as a Mutual Fund Processor, and why are they important?

To thrive as a Mutual Fund Processor, you need strong attention to detail, organizational skills, and a background in finance or accounting, often supported by a relevant degree or experience in financial operations. Familiarity with fund accounting software, transaction processing platforms, and compliance systems is typically required, along with knowledge of industry regulations. Excellent communication, problem-solving abilities, and the capacity to work accurately under tight deadlines are valuable soft skills in this role. These skills ensure accurate transaction processing, regulatory compliance, and effective client service in a fast-paced financial environment.

How much does MFD earn?

A Mutual Fund Processor (MFD) typically earns between $35,000 and $60,000 annually, depending on experience, location, and the employer. Entry-level positions may start lower, while experienced processors or those in senior roles can earn higher salaries, often supplemented with bonuses or benefits.

What is the difference between Mutual Fund Processor vs Fund Accountant?

AspectMutual Fund ProcessorFund Accountant
Primary RoleProcessing transactions, maintaining records, and ensuring accurate fund dataPreparing financial statements, reconciling accounts, and ensuring compliance
Required SkillsAttention to detail, data entry, knowledge of fund operationsAccounting knowledge, analytical skills, familiarity with financial regulations
Work EnvironmentBack-office, data processing teams within asset management firmsFinance and accounting departments, often within investment firms or custodians
CertificationsTypically none required, but industry certifications helpfulCPA or similar accounting certifications often preferred

While both roles support fund operations, a Mutual Fund Processor primarily handles transaction processing and record maintenance, whereas a Fund Accountant focuses on financial reporting and reconciliation. Understanding these differences helps candidates identify the right career path within the fund industry.

What are some common challenges faced by Mutual Fund Processors, and how can they be managed effectively?

Mutual Fund Processors often encounter challenges such as tight deadlines for trade settlements, handling high transaction volumes, and ensuring accuracy under pressure. Managing these challenges requires strong attention to detail, effective time-management skills, and a thorough understanding of compliance regulations. Collaboration with portfolio managers, custodians, and internal operations teams is essential to resolve discrepancies quickly and maintain service quality. Leveraging robust workflow systems and regularly updating knowledge about market rules can also help mitigate common issues.

What is the 15 * 15 * 30 rule?

The 15 * 15 * 30 rule is a guideline used in mutual fund processing to estimate the time frame for completing transactions, suggesting that processing typically takes around 15 business days, with a buffer of 15 days for review and 30 days for settlement. Mutual fund processors often rely on this rule to manage expectations and ensure timely processing of fund transactions, especially when coordinating with fund companies and custodians.
More about Mutual Fund Processor jobs
What job categories do people searching Mutual Fund Processor jobs look for? The top searched job categories for Mutual Fund Processor jobs are:
Mutual Fund Processor jobs near you
Infographic showing various Mutual Fund Processor job openings in the United States as of June 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $38,088 per year, or $18.3 per hour.
Mutual Fund Trader

Mutual Fund Trader

First Command Financial Services, Inc.

Fort Worth, TX • On-site

Full-time

Posted 13 days ago

First Command Financial Services rating

7.5

Company rating: 7.5 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

Job description


How will your role impact First Command?
The Client Service Center (CSC) is the primary support center for First Command's clients and field partners and has a deep culture of client-obsessed service and the highest ethical standards. The Trader role supports our clients, employees, and field partners, with a full range of servicing by responding to inbound calls, performing trade executions, money movement requests, account corrections, problem-solving, offline report monitoring, and acting as a client advocate in all situations.
This position supports investment trade execution and requires knowledge of brokerage and investment operational functions as well as regulatory rules and reporting requirements. The TRADER must accurately execute trades via First Command's brokerage platform and/or ticketing system. This position requires a consultative approach to ensure advisor and client requests are accomplished while meeting industry and/or First Command regulations, policies, and procedures. Acting as a Subject Matter Expert, the TRADER will participate, both individually and collaboratively, in divisional projects of varying service and operational nature, including but not limited to report monitoring, relationship development, training, documentation, and process improvement.
What will you be doing?
  • Demonstrated passion for people, having a strong client focus, and desire to provide a superior level of service
  • Demonstrate integrity and high ethical standards
  • Strong ability to successfully balance competing priorities in a fast-paced environment
  • Superior customer service skills with the ability to diffuse situations and solve conflicts in a cordial manner
  • Specific operational knowledge of investment products (specifically mutual funds, variable annuities, and mutual fund wrap programs)
  • Thorough understanding of the financial industry and policies, procedures, and regulatory requirements related to investment trading
  • Ability to partner and collaborate in cross-functional teams for client support and issue resolution
  • Strong interpersonal, communication, and time management skills
  • Strong analytical and problem-solving skills

What value will you provide?
  • Assist clients and advisors with trading strategies, executing investment trades, and money movement transactions
  • Assist with questions and education for employees, clients, and field partners regarding investment trading policies and procedures
  • Partner with Quality Management (QM) to resolve client concerns; involves speaking directly with clients to better understand the situation and working with Support Staff, outside Business Partners, and/or QM to reach a resolution
  • Conducts insightful problem solving for clients taking the time to investigate the client's current situation and ask questions to learn what course of action is in the client's best interests
  • Follow up with clients when necessary to provide status updates and to close out service requests
  • Required to document details of all client and advisor interactions

What skills/qualifications do you need?
Education
  • Bachelor's degree or equivalent work experience required

Work Experience
  • 2+ years of brokerage industry or equivalent experience required
  • 1+ years of contact center experience preferred
  • 1+ years of experience in brokerage and investment trading preferred

Certifications
  • Series 7 and 66 (or equivalent) required and/or must be obtained within 180 days from licensing start date
  • Life & Health Insurance License required and/or must be obtained within 180 days from licensing start date

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#LI-Hybrid

What First Command Financial Services employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

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About First Command Financial Services

Sourced by ZipRecruiter

First Command Financial Services, based in Fort Worth, TX, US, operates within the financial services industry. Established in 1958, this company's mission is to "coach those who serve in their pursuit of financial security." With its suite of services and products, including investment management and financial planning, the firm is dedicated to helping military families and federal employees achieve financial security. Over the years, First Command has made a name for itself through integrity, commitment, and an approach built upon trust, resulting in substantial client loyalty. Featured among its notable achievements is the company's consistent placement among the top 1% of all wealth management firms in the USA in terms of long-term investment results, confirming their commitment to providing exceptional financial services.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Fort Worth, TX, US

Year founded

1958

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