Fund Administration Analyst
for each heading. Use - for any list of duties/requirements/benefits. Use
for prose. Do NOT repeat job title as heading. Do NOT put Job ID etc. Remove boilerplate: EEO, legal, etc. Keep substantive info.
We need to parse the posting.
Key sections:
- About the role: maybe introductory paragraph: "At U.S. Bank, we’re on a journey...". Also "Your journey starts now. U.S. Bank Global Fund Services is seeking a future team member for the role of Fund Administrator 1 and 2 to support our Fund Administration team." Could be about role.
- Responsibilities: list of duties for Fund Administrator 1 and 2. Could combine.
- Requirements: maybe Basic Qualifications.
- Qualifications: maybe Preferred Skills/Experience? Actually they have Basic Qualifications and Preferred Skills/Experience. Could treat Basic Qualifications as Requirements, Preferred as Skills.
- Skills: maybe list of preferred skills.
- Benefits: list of benefits.
- Pay: salary range.
- Schedule: schedule info.
We must only include sections that have real specific content. All have content.
We must not include filler like "commensurate with experience". Not present.
We need to preserve all substantive info; do not invent or summarize away detail.
We need to output only HTML fragment.
Let's extract content.
Intro paragraph: "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."
Then: "Job Description Your journey starts now. U.S. Bank Global Fund Services is seeking a future team member for the role of Fund Administrator 1 and 2 to support our Fund Administration team."
We can combine into About the role.
Responsibilities: For Fund Administrator 1 and 2.
Let's list duties for Fund Administrator 1:
- Monitoring a fund budget based on contractual agreements, fee proposals and expense activity trends.
- Helping prepare and assist with ETF and other fund client board of directors meeting materials.
- Helping prepare financial statements (e.g., statement of assets and liabilities, schedule of investments, statement of operations, statement of changes in net assets, statement of cash flows and accompanying financial footnotes) for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements. This process involves being the liaison between internal departments, external legal counsel, fund auditors and our clients.
- Testing portfolio compliance to ensure ETF and other fund adherence to the Investment Company Act of 1940, stated prospectus limitations and internal revenue code guidelines.
- Leading the financial reporting filing requirements for an ETF or other fund client’s fiscal year.
- Developing knowledge to empower you to mentor teammates and begin to communicate effectively with investment advisor clients.
- Assisting mid-level and senior-level Fund Administrators in the coordination of ad-hoc projects which can include ETF, trust and other fund launches, ETF and other fund M&A activity and ETF and other fund liquidations.
Fund Administrator 2 duties:
- Monitoring and reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends.
- Helping prepare and review ETF and other fund client board of directors meeting materials. This may involve attendance of virtual meetings and presentation of materials.
- Helping prepare and review financial statements (same list) for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements. This process involves being a liaison between internal departments, external legal counsel, fund auditors and our clients.
- Testing and reviewing portfolio compliance to ensure ETF and other fund adherence to the Investment Company Act of 1940, stated prospectus limitations and internal revenue code guidelines.
- Leading the financial reporting filing requirements for an ETF or other fund client’s fiscal year.
- Developing knowledge to empower you to mentor teammates and communicate effectively with investment advisor clients.
- Assisting senior-level Fund Administrators in the coordination of ad-hoc projects which can include ETF, trust and other fund launches, ETF and other fund M&A activity and ETF and other fund liquidations.
We could combine responsibilities into a single list, maybe differentiate levels? But we can just list responsibilities for the role (both levels). Could create two sublists? Simpler: list responsibilities as bullet points covering both.
Requirements: Basic Qualifications:
- Bachelor's degree in accounting or finance, or equivalent work experience
- One to two years of related work experience (for FA1) and Two to five years of related work experience (for FA2). Since there are two levels, we could note both? Might need to preserve both. Could list as: For Fund Administrator 1: 1-2 years; For Fund Administrator 2: 2-5 years. Or we could combine as "1-5 years of related work experience depending on level". But we must preserve detail; summarizing may lose detail. Better to keep both separate maybe as two bullet points.
Qualifications: maybe not separate; we have Preferred Skills/Experience.
Skills: Preferred Skills/Experience for FA1 and FA2.
FA1 Preferred Skills/Experience:
- General knowledge of ETFs, mutual funds, other investments and security types
- Basic understanding of legal, regulatory and accounting principles
- Acknowledgement of ethics and compliance
- Organized and attentive to detail
- Ability to manage multiple tasks, projects and deadlines simultaneously
- Effective verbal and written communication skills
- Proficient computer navigation skills
- Experience with Microsoft Excel
- Willingness to learn new and sometimes complex concepts
FA2 Preferred Skills/Experience:
- Knowledge of ETFs, mutual funds, other investments and security types
- Understanding of legal, regulatory and accounting principles
- Acknowledgement of ethics and compliance
- Organized an attentive to detail (typo: "Organized an attentive to detail" but we keep as is)
- Ability to manage multiple tasks, projects and deadlines simultaneously
- Effective verbal and written communication skills
- Proficient computer navigation skills
- Intermediate to expert Microsoft Excel ability
- Willingness to learn new and sometimes complex concepts
We could combine into a list, noting differences? Might be okay to list combined but note variations. Could create two sublists under Skills: For FA1 and FA2. But heading Skills only one; we could have nested lists? Probably okay to have one list with combined items, but we might lose nuance. However instruction: preserve ALL substantive information; do NOT invent or summarize away detail. If we combine and lose distinction between "General knowledge" vs "Knowledge", "Basic understanding" vs "Understanding", "Experience with Microsoft Excel" vs "Intermediate to expert Microsoft Excel ability", that's summarizing away detail. So we need to keep both sets distinct.
Thus we could have two sub-sections under Skills: maybe "Preferred Skills for Fund Administrator 1" and "Preferred Skills for Fund Administrator 2". But we only allowed headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We cannot add custom headings. However we could embed paragraphs that differentiate.
We could put under Skills heading a paragraph that says: "Preferred skills for Fund Administrator 1 include: ..." then a list; then "Preferred skills for Fund Administrator 2 include: ..." then a list. That preserves detail without extra headings.
Similarly for Requirements we could differentiate Basic Qualifications for each level.
Thus:
About the role
Intro paragraph + job description.
Responsibilities
- ... list responsibilities (maybe combine both levels but we can note differences? Could list responsibilities for each level similarly. To preserve detail, we could have two sublists: "Fund Administrator 1 responsibilities:" and "Fund Administrator 2 responsibilities:" as paragraphs before lists. That's okay.
Requirements
Basic Qualifications:
- For Fund Administrator 1: Bachelor's degree in accounting or finance, or equivalent work experience; One to two years of related work experience.
- For Fund Administrator 2: Bachelor's degree in accounting or finance, or equivalent work experience; Two to five years of related work experience.
But we need to keep each item as - . Could separate.
Alternatively we could have two paragraphs each with list.
But we must use
- for any list of duties/requirements/benefits. So we can have multiple lists.
Thus:
Requirements
Fund Administrator 1:
- Bachelor's degree in accounting or finance, or equivalent work experience
- One to two years of related work experience
Fund Administrator 2:
- Bachelor's degree in accounting or finance, or equivalent work experience
- Two to five years of related work experience
Similarly for Skills.
Benefits: list as given.
Pay: salary range.
Schedule: Monday through Friday 8:00 am to 5:00 pm (CT) Location: 3 or more days in Milwaukee, WI or Oshkosh, WI location. Actually schedule and location combined. We'll put schedule heading with that info.
We must not include location as separate heading; it's okay to include location in schedule paragraph.
Now remove boilerplate: EEO, E-Verify, disability accommodations, visa sponsorship note? The visa sponsorship line "This position is not eligible for visa sponsorship." is substantive? It's a condition. Might be considered substantive. Should we keep? It's not boilerplate; it's a specific condition. The instruction: remove cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, and application instructions. Visa sponsorship is not EEO; it's a condition. Might keep. However it's near the bottom after responsibilities. Could be considered a requirement? Might be better to include under Requirements or as a note. But we have no specific heading for visa. Could include in Requirements paragraph.
Similarly "This role requires working from a U.S. Bank location three (3) or more days per week." is schedule/location info; we already have schedule.
Disability accommodations line: "If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants." That's boilerplate? It's about accommodation; could be considered EEO/legal. Probably remove.
Also "Review our full benefits available by employment status here." is a link; remove.
Also "U.S. Bank is an equal opportunity employer..." remove.
Also "E-Verify ..." remove.
Also "The salary range reflects figures based on the primary location..." that's about pay; we could keep some but it's somewhat boilerplate. The actual pay range is given; we can keep the range and maybe note that it's based on primary location. But instruction: do not include filler like "commensurate with experience". This sentence is not filler but explanatory. Might keep as part of Pay section.
Also "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)." That's benefits info; we could incorporate into Benefits section.
Also many lines about background checks etc. Those are legal boilerplate; remove.
Thus final HTML:
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
for prose. Do NOT repeat job title as heading. Do NOT put Job ID etc. Remove boilerplate: EEO, legal, etc. Keep substantive info. We need to parse the posting. Key sections: - About the role: maybe introductory paragraph: "At U.S. Bank, we’re on a journey...". Also "Your journey starts now. U.S. Bank Global Fund Services is seeking a future team member for the role of Fund Administrator 1 and 2 to support our Fund Administration team." Could be about role. - Responsibilities: list of duties for Fund Administrator 1 and 2. Could combine. - Requirements: maybe Basic Qualifications. - Qualifications: maybe Preferred Skills/Experience? Actually they have Basic Qualifications and Preferred Skills/Experience. Could treat Basic Qualifications as Requirements, Preferred as Skills. - Skills: maybe list of preferred skills. - Benefits: list of benefits. - Pay: salary range. - Schedule: schedule info. We must only include sections that have real specific content. All have content. We must not include filler like "commensurate with experience". Not present. We need to preserve all substantive info; do not invent or summarize away detail. We need to output only HTML fragment. Let's extract content. Intro paragraph: "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." Then: "Job Description Your journey starts now. U.S. Bank Global Fund Services is seeking a future team member for the role of Fund Administrator 1 and 2 to support our Fund Administration team." We can combine into About the role. Responsibilities: For Fund Administrator 1 and 2. Let's list duties for Fund Administrator 1: - Monitoring a fund budget based on contractual agreements, fee proposals and expense activity trends. - Helping prepare and assist with ETF and other fund client board of directors meeting materials. - Helping prepare financial statements (e.g., statement of assets and liabilities, schedule of investments, statement of operations, statement of changes in net assets, statement of cash flows and accompanying financial footnotes) for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements. This process involves being the liaison between internal departments, external legal counsel, fund auditors and our clients. - Testing portfolio compliance to ensure ETF and other fund adherence to the Investment Company Act of 1940, stated prospectus limitations and internal revenue code guidelines. - Leading the financial reporting filing requirements for an ETF or other fund client’s fiscal year. - Developing knowledge to empower you to mentor teammates and begin to communicate effectively with investment advisor clients. - Assisting mid-level and senior-level Fund Administrators in the coordination of ad-hoc projects which can include ETF, trust and other fund launches, ETF and other fund M&A activity and ETF and other fund liquidations. Fund Administrator 2 duties: - Monitoring and reviewing a fund budget based on contractual agreements, fee proposals and expense activity trends. - Helping prepare and review ETF and other fund client board of directors meeting materials. This may involve attendance of virtual meetings and presentation of materials. - Helping prepare and review financial statements (same list) for ETF and other fund client shareholders and the SEC in order to comply with GAAP and regulatory reporting requirements. This process involves being a liaison between internal departments, external legal counsel, fund auditors and our clients. - Testing and reviewing portfolio compliance to ensure ETF and other fund adherence to the Investment Company Act of 1940, stated prospectus limitations and internal revenue code guidelines. - Leading the financial reporting filing requirements for an ETF or other fund client’s fiscal year. - Developing knowledge to empower you to mentor teammates and communicate effectively with investment advisor clients. - Assisting senior-level Fund Administrators in the coordination of ad-hoc projects which can include ETF, trust and other fund launches, ETF and other fund M&A activity and ETF and other fund liquidations. We could combine responsibilities into a single list, maybe differentiate levels? But we can just list responsibilities for the role (both levels). Could create two sublists? Simpler: list responsibilities as bullet points covering both. Requirements: Basic Qualifications: - Bachelor's degree in accounting or finance, or equivalent work experience - One to two years of related work experience (for FA1) and Two to five years of related work experience (for FA2). Since there are two levels, we could note both? Might need to preserve both. Could list as: For Fund Administrator 1: 1-2 years; For Fund Administrator 2: 2-5 years. Or we could combine as "1-5 years of related work experience depending on level". But we must preserve detail; summarizing may lose detail. Better to keep both separate maybe as two bullet points. Qualifications: maybe not separate; we have Preferred Skills/Experience. Skills: Preferred Skills/Experience for FA1 and FA2. FA1 Preferred Skills/Experience: - General knowledge of ETFs, mutual funds, other investments and security types - Basic understanding of legal, regulatory and accounting principles - Acknowledgement of ethics and compliance - Organized and attentive to detail - Ability to manage multiple tasks, projects and deadlines simultaneously - Effective verbal and written communication skills - Proficient computer navigation skills - Experience with Microsoft Excel - Willingness to learn new and sometimes complex concepts FA2 Preferred Skills/Experience: - Knowledge of ETFs, mutual funds, other investments and security types - Understanding of legal, regulatory and accounting principles - Acknowledgement of ethics and compliance - Organized an attentive to detail (typo: "Organized an attentive to detail" but we keep as is) - Ability to manage multiple tasks, projects and deadlines simultaneously - Effective verbal and written communication skills - Proficient computer navigation skills - Intermediate to expert Microsoft Excel ability - Willingness to learn new and sometimes complex concepts We could combine into a list, noting differences? Might be okay to list combined but note variations. Could create two sublists under Skills: For FA1 and FA2. But heading Skills only one; we could have nested lists? Probably okay to have one list with combined items, but we might lose nuance. However instruction: preserve ALL substantive information; do NOT invent or summarize away detail. If we combine and lose distinction between "General knowledge" vs "Knowledge", "Basic understanding" vs "Understanding", "Experience with Microsoft Excel" vs "Intermediate to expert Microsoft Excel ability", that's summarizing away detail. So we need to keep both sets distinct. Thus we could have two sub-sections under Skills: maybe "Preferred Skills for Fund Administrator 1" and "Preferred Skills for Fund Administrator 2". But we only allowed headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We cannot add custom headings. However we could embed paragraphs that differentiate. We could put under Skills heading a paragraph that says: "Preferred skills for Fund Administrator 1 include: ..." then a list; then "Preferred skills for Fund Administrator 2 include: ..." then a list. That preserves detail without extra headings. Similarly for Requirements we could differentiate Basic Qualifications for each level. Thus:
About the role
Intro paragraph + job description.
Responsibilities
- ... list responsibilities (maybe combine both levels but we can note differences? Could list responsibilities for each level similarly. To preserve detail, we could have two sublists: "Fund Administrator 1 responsibilities:" and "Fund Administrator 2 responsibilities:" as paragraphs before lists. That's okay.
Requirements
Basic Qualifications:
- For Fund Administrator 1: Bachelor's degree in accounting or finance, or equivalent work experience; One to two years of related work experience.
- For Fund Administrator 2: Bachelor's degree in accounting or finance, or equivalent work experience; Two to five years of related work experience.
- . Could separate.
Alternatively we could have two paragraphs each with list.
But we must use
- for any list of duties/requirements/benefits. So we can have multiple lists.
Thus:
Requirements
Fund Administrator 1:
- Bachelor's degree in accounting or finance, or equivalent work experience
- One to two years of related work experience
Fund Administrator 2:
- Bachelor's degree in accounting or finance, or equivalent work experience
- Two to five years of related work experience
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
- for any list of duties/requirements/benefits. So we can have multiple lists.
Thus: