Fund Administration Analyst
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. 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. As a Fund Administrator 1, you will be assigned to a servicing team who helps support the day‑to‑day financial and compliance operations of an exchange‑traded fund (“ETF”), mutual fund, closed end fund and/or business development company client. In Fund Administration, we value clients first and employees always. We take pride in doing the right thing each and every day in a fun, challenging and fulfilling environment. Our leadership and team mentors are committed to you and we will provide you with an array of resources and teaching methodologies to help you succeed and grow as a financial professional and future leader.
Responsibilities
- 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 (including virtual meeting attendance and presentation of materials for Fund Administrator 2).
- Helping prepare and review financial statements (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 to comply with GAAP and regulatory