U.S. Bank Investment Company Compliance Officer in Chicago, Illinois
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US Bancorp Global Fund Services (Fund Services), a subsidiary of U.S. Bank, is growing and looking for a passionate, focused candidate to join our Regulatory Support Services (RSS) team. Fund Services is focused on servicing a variety of investment strategies and products including mutual funds and ETFs.
This position within RSS will serve as support (CCO Support) to Chief Compliance Officers (CCOs) for multiple series trusts containing mutual funds and exchange traded funds (Trusts). This position will assist in the compliance oversight of service providers to the Trusts including numerous independent investment advisers, Fund Services as Transfer Agent, Fund Administrator, and Fund Accountant, U.S. Bank as Custodian, and external parties such as Distributor(s) to the Funds within the Trusts. The CCO Support will be primarily responsible for reviewing compliance programs and related documentation of the Trusts’ advisers and conducting site visits (currently being conducted either virtually or in person) to observe the compliance programs in place at the Trusts’ advisers. Other responsibilities include assisting with the preparation of Trust Board reports, issuing, and summarizing various certifications and other tasks as assigned.
Bachelor's degree, or equivalent experience
Eight to ten years of related experience
Bachelor's degree in related field, JD or CPA a plus
Eight or more years of experience in a compliance or financial industry related role, preferably securities related
Strong knowledge of federal securities regulations (1940 Act, Advisers Act) a plus
Strong organizational, analytical and project management skills
Ability to manage multiple tasks/projects and deadlines simultaneously
Effective interpersonal, verbal, and written communication skills
Ability to take direction and instructions from multiple sources
Proficient computer skills, especially Microsoft Office applications
Ability to work independently and effectively manage priorities
Team player who can adjust rapidly in response to critical business needs
Approximately 15% travel required
This role is hybrid. Team members who are in a hybrid role typically spend three days a week at a U.S. Bank location, while having flexibility on their work location for the other working days.
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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
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
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) EEO poster.
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 (https://careers.usbank.com/verification-of-eligibility-for-employment) .
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.