Distribution & Expense Analyst

U.S. Bank National Association•Milwaukee, WI

1d•$66,640 - $78,400•Hybrid

About The Position

The Distribution & Expense Analyst supports the day-to-day financial and compliance operations of mutual funds, exchange-traded funds, closed-end funds, and/or business development company clients. The analyst serves as a primary contact for fund clients, coordinating fund operations and communications with investment advisors, custodians, transfer agents, fund accountants, attorneys, and auditors. Duties may include monitoring or reviewing fund budgets based on contractual agreements, fee proposals, and expense activity trends; helping prepare or review shareholder financial statements; and testing or reviewing portfolio compliance with SEC, GAAP, and regulatory reporting requirements. The role requires working from a U.S. Bank location three or more days per week.

Requirements

Bachelor's degree in accounting or finance, or equivalent work experience.
Two to five years of related work experience.

Nice To Haves

General knowledge and understanding of legal, regulatory, and accounting principles that directly affect the mutual fund industry and its clients.
Experience in Mutual Fund Administration or a related field.
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

Support day-to-day financial and compliance operations for mutual fund, exchange-traded fund, closed-end fund, and/or business development company clients.
Serve as a primary contact for fund clients and coordinate fund operations and communications with investment advisors, custodians, transfer agents, fund accountants, attorneys, and auditors.
Monitor and/or review fund budgets based on contractual agreements, fee proposals, and expense activity trends.
Help prepare and/or review financial statements for client shareholders.
Test and/or review portfolio compliance with SEC, GAAP, and regulatory reporting requirements.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation of 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.
401(k) contribution and pension, subject to eligibility requirements.