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

U.S. Bancorp Asset Management is seeking a Treasury and Fund Administration leader to manage a team of individuals responsible for the treasury and fund administration activities for 18 local government investment pools (LGIP) and its registered investment companies (RIC).

 
The leader of Treasury and Fund Administration provides frontline leadership and direction for the Treasury and Fund Administration team serving our LGIPs and RIC; acts as a liaison to fund Boards and Audit Committees; coordinate annual audits interacting with external accounting firms; oversee accurate and timely financial statement and tax return preparation; oversee fee/revenue generation including monitoring of expenses and expense waivers; and managing a variety of other duties including interacting with a variety of internal colleague and groups.

The successful candidate will work as part of the overall team to deliver services to our various funds. The Treasury and Fund Administration leader will act as a subject matter expert in a variety of accounting, treasury, tax and other fund administration teams managing existing funds and launching new funds.  The Treasury and Fund Administration leader will manage a team of up to 10 to accomplish these activities.

Essential Functions:

Responsible for the overall management of the Treasury and Fund Administration team

Oversee a variety of revenue and expense calculation and reporting in support of the funds and finance partners

Coordinate with various internal and external partners in providing services to the funds including but not limited to fund audits and regulatory filings

Contribute as a member of a variety of other Committees and Working Groups relating to the funds

Must have a strong understanding of the funds regulatory, reporting, and tax regimes ensuring compliance

Responsible for risk and control program adherence related to the funds

Basic Qualifications:

BA/BS Degree in Accounting, Finance, or similar

CPA designation

15+ years’ experience in accounting, tax, audit, and/or fund administration relating to LGIP and registered funds

Preferred Skills/Experience:

Management experience and the ability to create a culture of teamwork

Exceptional writing, presentation and verbal communication skills

Strong analytical and quantitative aptitude

Demonstrated problem solving skills and outstanding flexibility

Strong tax and regulatory knowledge and demonstrated sound decision making and strategic thinking under pressure, reflecting an understanding of our industry, business and priorities

Ability to work independently and manage project teams including planning and designing solutions that synchronize resources to achieve business results

Ability to anticipate shifting regulatory priorities, internal and external customer needs in a manner that consistently adds value

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 (some may vary based on role, location or hours):

Healthcare (medical, dental, vision)

Basic term and optional term life insurance

Short-term and long-term disability

Pregnancy disability and parental leave

401(k) and employer-funded retirement plan

Paid vacation (from two to five weeks depending on salary grade and tenure)

Up to 11 paid holiday opportunities

Adoption assistance

Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.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-Verify

U.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. 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). Pay Range: $170,255.00 - $200,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.