Job DescriptionJoin our team as a
Closed End Fund Administrator, where you will support the day-to-day financial, operational, and compliance activities of closed-end funds and other investment products. In this client-facing role, you will serve as a key liaison between fund stakeholders and service providers, coordinating fund operations, financial reporting, audits, and regulatory compliance. Responsibilities include monitoring fund budgets and expenses, reviewing financial statements, and ensuring adherence to SEC, GAAP, and other regulatory requirements. This is an excellent opportunity for a detail-oriented professional with strong fund administration, accounting, and client relationship management skills.
Job Description:
- Supports the day-to-day financial and compliance operations of a mutual fund, exchange-traded fund, closed-end fund and/or business development company client.
- Responsible for primary contact with fund clients including coordination of activities and communications of fund operations and service providers such as investment advisor, custodian, transfer agent, fund accountant, attorneys and auditors.
- Duties may include monitoring and/or reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends.
- Help prepare and/or review financial statements for client shareholders and test/review portfolio compliance with SEC, GAAP and regulatory reporting requirements.
Basic Qualifications:
- Bachelor's degree in accounting or finance, or equivalent work experience
- Eight or more years of related work experience
Preferred Skills/Experience:
- Thorough knowledge and understanding of legal, regulatory and accounting principles which directly affect the mutual fund industry and their clients
- Experience in Mutual Fund Administration or related field, including two or more years of medium to large fund compliance experience
- Ability to manage multiple tasks/projects and deadlines simultaneously
- Effective verbal and written communication skills
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
This role requires working from a U.S. Bank location three (3) or more days per week.
Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
- 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
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $86,360.00 - $101,600.00
Posting may be closed earlier due to high volume of applicants. 
