Alternative Investment Assistant Manager

About the role

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.

This role supervises a team of administrators responsible for providing accounting, administration, and investor servicing to investment companies and advisers. The position serves as a trusted advisor to clients, acts as the escalation point for issue resolution, proactively identifies risk, and reviews complex accounting and financial statement information.

Responsibilities

• Supervise a team of administrators providing accounting, administration, and investor servicing to investment companies and advisers
• Serve as trusted advisor to clients by continually assessing changing business strategies and providing expertise, tools, and information to focus on growing investments
• Act as the escalation point for all clients assigned to the team and direct issue resolution and process changes to support client needs
• Proactively identify risk-related issues through review of qualitative and quantitative data, anticipate obstacles, and implement mitigating solutions
• Review accounting and financial statement information provided for audit and tax reviews
• Document and set up accounting principles for unusual investment types
• Set up and process complex expense and incentive fee calculations and reconciliation items

Qualifications

• Bachelor's degree in accounting, finance, or related field, or equivalent experience
• Five or more years of experience in the alternative investments industry

Skills

• Understanding of a diverse range of financial products including equity, debt, derivatives, and crypto
• Ability to maintain multiple client deliverables across simultaneous deadlines
• Basic knowledge of Advent applications – Geneva preferred
• Working knowledge of Microsoft Office products
• General knowledge and understanding of portfolio accounting and the investment management industry
• Excellent verbal and written communication skills
• Proven team-oriented, leadership, and organizational skills
• CPA or CFA certification preferred

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

Pay

Pay Range: $104,550.00 - $123,000.00