Fund AdministratorAt 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.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.As a Fund Administrator, you will spend key time: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.Schedule: Monday through Friday 8:00 am to 5:00 pm (CT)Location: 3 or more days in Milwaukee, WI or Oshkosh, WI locationBasic QualificationsBachelor's degree in accounting or finance, or equivalent work experienceOne to two years of related work experiencePreferred Skills/ExperienceGeneral knowledge of ETFs, mutual funds, other investments and security typesBasic understanding of legal, regulatory and accounting principlesAcknowledgement of ethics and complianceOrganized and attentive to detailAbility to manage multiple tasks, projects and deadlines simultaneouslyEffective verbal and written communication skillsProficient computer navigation skillsExperience with Microsoft ExcelWillingness to learn new and sometimes complex conceptsAs a Fund Administrator 2, 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 your continued succession as a financial professional and leader.As a Fund Administrator 2, you will spend key time: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 (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 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.Schedule: Monday through Friday 8:00 am to 5:00 pm (CT)Location: 3 or more days in Milwaukee, WI or Oshkosh, WI locationBasic Qualifications- Bachelor's degree in accounting or finance, or equivalent work experience - Two to five years of related work experiencePreferred Skills/ExperienceKnowledge of ETFs, mutual funds, other investments and security typesUnderstanding of legal, regulatory and accounting principlesAcknowledgement of ethics and complianceOrganized an attentive to detailAbility to manage multiple tasks, projects and deadlines simultaneouslyEffective verbal and written communication skillsProficient computer navigation skillsIntermediate to expert Microsoft Excel abilityWillingness to learn new and sometimes complex conceptsThis position is not eligible for visa sponsorship.This role requires working from a U.S. Bank location three (3) or more days per week.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.Benefits:Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.E-VerifyU.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S.
territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S
Fund Administration AnalystCategoryCorporate Functions & RiskJob Id2026-0029951Posting Start Date09/24/2026Anticipated Posting End Date10/10/2026Job TypeFull timeJob available in 2 locationsMilwaukee, WI, United StatesOshkosh, WI, United States in milwaukee at Unknown Company
This position is listed as contract and onsite.