Fund Administration Closed-End Supervisor

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.

Job Description As a Fund Administration Closed-End Fund Supervisor, you will lead and oversee the day-to-day compliance operations for closed-end funds and/or business development company clients.  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 Administration Supervisor, you will spend key time:

Leading a team responsible for fund compliance programs, regulatory filings, and financial statement preparationundefined

Serve as the primary client contact for regulatory and operational mattersundefined

Coordinate fund operations and communications with service providers, including investment advisors, custodians, transfer agents, fund accountants, attorneys, and auditorsundefined

Oversee preparation and review of financial statements, shareholder reports, and required SEC filingsundefined

Review fund and client account activity to identify potential issues and recommend corrective actionsundefined

Manage fund expenses and provide reporting and materials for Boards of Directorsundefined Oversee independent and regulatory audits and work directly with external auditorsundefined

Provide training and technical guidance to staff regarding regulatory and procedural changesundefined

Evaluate existing procedures and implement process improvements to enhance efficiency and complianceundefined

Support business growth initiatives, including participation in new client or product activities undefined

Basic Qualifications:

Bachelor's degree in accounting, finance or related field CPA certified or candidate Eight or more years of experience in Mutual Fund Administration or related field, i.e., public accounting Preferred Skills/

Experience:

Advanced knowledge of legal, regulatory, and accounting principles affecting registered investment funds

Strong understanding of the Investment Company Act of 1940, Subchapter M of the Internal Revenue Code, and applicable state securities regulations

Demonstrated experience managing and developing professional staff

Strong organizational skills with the ability to manage complex, long‑term projects

Excellent written and verbal communication skills with significant client interaction

Proficiency with Microsoft Office and standard PC applications

Strong commitment to ethics, compliance, and internal control standards

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…