Senior Manager, Fund Audit & Support Services

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.

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Job Description

This role will manage and lead a team that supports client fund audits and establishes consistent audit readiness and financial reporting practices across Registered Fund Services. The Senior Manager will connect Fund Accounting, Fund Administration, Project and Risk Management, and Derivatives teams to deliver accurate, standardized and review-ready audit support on time. In this role you will own the end-to-end audit readiness framework, strengthen financial reporting quality, improve management visibility and establish sustainable, repeatable audit preparation practices that support ongoing readiness and consistent, high‑quality audit results.

You will work closely with Risk Management and senior Fund Administration as well as Fund Accounting leadership to identify control gaps, minimize audit cycle times and improve audit results.

Audit strategy, governance and execution Manage and provide leadership to the team supporting client fund audits, setting priorities, assigning work and coordinating resources to ensure timely, high-quality audit support and responsive client communication. Lead planning and execution for semiannual and annual registered fund audits, including calendars, readiness milestones, ownership, dependencies and escalation protocols. Establish minimum standards for complete, accurate and consistent audit packages, including naming conventions, support expectations, review evidence, version control and final sign‑off.

Maintain an integrated view of audit status across fund complexes and identify capacity, timing, quality and dependency risks before deadlines are affected. Provide senior management with concise reporting on milestones, open requests, aging items, risks, decisions needed and corrective actions.

Pre‑audit readiness and quality Design and oversee pre‑audit checks covering month‑end cash completeness, accounting‑date positions, past‑due items, broker reconciliations, unresolved exceptions and other high‑risk balances. Confirm month‑end reconciliations are accurate, timely reviewed, supported by evidence and resolved or escalated before audit fieldwork. Coordinate readiness reviews, document exceptions, assign owners, track remediation and validate completion. Challenge recurring manual adjustments, reconciling items and late support so root causes are addressed rather than carried forward.

Financial reporting and technical leadership Provide leadership and instruction on Statements of Investments, financial statements, audit support schedules and top‑side adjustments. Establish consistent expectations for proposing, documenting, reviewing, approving, posting and retaining support for top‑side adjustments. Ensure trial balance support, portfolio holdings, disclosures and audit schedules are internally consistent and traceable to source records. Partner with Fund Administration and Fund Accounting leaders to resolve complex reporting, classification, valuation and presentation questions.

Stakeholder and auditor coordination Serve as a primary operational contact for auditors and coordinate request intake, clarification, assignment, response quality and timely closure. Facilitate status…