Closed-End Fund Senior Administrator

U.S. Bank National Association • Milwaukee, WI

3d • $86,360 - $101,600 • Hybrid

About The Position

Join 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.
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.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience
• Eight or more years of related work experience

Nice To Haves

• 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

Responsibilities

• 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.

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: Senior