Chief Compliance Officer - Investment Company

U.S. Bank National Association

2d

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
U.S. Bancorp Global Fund Services (Fund Services), a subsidiary of U.S. Bank, is growing and seeking a focused, experienced professional to join our Regulatory Support Services (RSS) team. Fund Services supports a broad range of investment strategies and products, including mutual funds and exchange-traded funds (ETFs).
This position within RSS will serve as Chief Compliance Officer (CCO) for one of our multiple series trusts (MST) containing mutual funds and exchange traded funds. In addition, the position is responsible for managing the MST Compliance Officer (CO) team leader.

Requirements

• Bachelor’s degree in a related field required; Master’s degree, JD, or CPA preferred
• Ten or more years of experience in a compliance or financial industry–related role, preferably in a Chief Compliance Officer or securities-related capacity
• Five or more years of experience leading and managing teams

Nice To Haves

• Strong knowledge of federal securities regulations, including the Investment Company Act of 1940, the Advisers Act, and AML requirements
• Demonstrated ability to manage and lead diverse teams and complex projects
• Strong organizational, analytical, client service, and project management skills
• Ability to manage multiple priorities, projects, and deadlines simultaneously
• Effective interpersonal, verbal, and written communication skills; prior Board reporting experience preferred
• Proficiency with Microsoft Office applications, including Outlook, Teams, Word, and Excel
• Ability to work independently and effectively prioritize work
• Collaborative team player with the flexibility to adapt quickly to critical business needs
• Willingness to travel approximately 15%

Responsibilities

• Collaborating with the CO team leader to provide strategic direction and task management for the CO team
• Overseeing, coaching, and providing ongoing feedback to direct reports and Compliance Officers
• Maintaining the MST compliance program, including the review and administration of policies and procedures, and developing new policies in response to regulatory guidance
• Providing compliance oversight of MST service providers, including independent investment advisers; Fund Services as Transfer Agent, Fund Administrator, and Fund Accountant; U.S. Bank as Custodian; and external parties such as fund distributors
• Reviewing service provider compliance programs and related documentation, and conducting on-site or virtual reviews as appropriate
• Working closely with other MST Officers and actively participating in MST Board Meetings
• Serving as the Anti-Money Laundering (AML) Officer for the assigned Trust
• Managing regulatory examinations for the MST
• Preparing and presenting compliance reports, including the Rule 38a-1 annual report
• Performing other duties as assigned

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level