U.S. Bank Regulatory Administrator/Paralegal in Mesa, Arizona
At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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.
Job DescriptionU.S. Bank Global Fund Services (“GFS”), a subsidiary of U.S. Bank, provides a variety of services to support our mutual fund and exchange-traded fund (“ETF”) clients, among others. The Regulatory Administrator position is part of the Regulatory Administration group within GFS, which primarily assists our fund clients with the preparation and maintenance of registration statements and related filings. Registration statements (including a prospectus) are the legal documents that disclose the strategy, risk, fee, and operational details of a fund to investors, as required by federal securities laws, including primarily the Investment Company Act of 1940 and Securities Act of 1933, and regulated by the U.S. Securities and Exchange Commission (“SEC”).
Regulatory Administrators are a key point of direct interaction with GFS clients and are trained to assist in drafting and filing registration statements with the SEC. Regulatory Administrators work with our team of GFS Regulatory Administration attorneys, regulatory administrators and EDGAR filers to manage multiple complex client and internal projects at any time. Our current Regulatory Administrators tend to have paralegal training or background, but this is not a requirement for the position.
Regulatory Administrators, under general supervision, will handle the following: preparation of regulatory filings required under federal securities laws, including registration statements on Forms N-1A and proxy statements on Schedule 14A or Form N-14, using a content management system; coordination with internal colleagues and external clients to incorporate their changes to large and complex documents; working with GFS Regulatory Administration attorneys to plan and prepare for client board and shareholder meetings; coordinating, drafting, and distributing legal documents, communications, resolutions, board meeting minutes, correspondence, and proxy statements among a variety of parties; project management for deadlines that may require a variety of different filings close in time to each other; monitoring and reporting on regulatory initiatives promulgated by various regulatory agencies such as the SEC and Financial Industry Regulatory Authority; developing and implementing department processes and policies; training and mentoring new Regulatory Administrators on department policies and procedures; and reporting and confirming regulatory project billing information.
Many of these duties involve working directly with internal counsel, external fund counsel, internal compliance administrators, financial printers, external auditors, and investment advisers on matters requiring confidentiality. Each of these duties must be accomplished according to timelines which Regulatory Administrators create, monitor adherence to, and maintain. Regulatory Administrators also work on additional projects/duties as assigned.
Basic Qualifications: -Associates Degree or previous related experience may be accepted in lieu of a degree. -Up to two or more years of legal environment experience, ideally in a mutual fund, financial services, or law firm environment with exposure to securities matters is desired, but not required.
Preferred Skills/Experience: -Energetic self-starter with strong organizational and proofreading skills, excellent communication and interpersonal skills (both oral and written), and above average drafting/writing skills. -Resourcefulness in problem-solving. -Ability to establish priorities and work concurrently on a variety of projects. -Proven ability to adapt to new software and processes. -The ability to work well independently and as part of a group, often within tight time constraints. -Strong computer skills required, including excellent typing skills, and in-depth understanding of Microsoft Word. -Knowledge of SEC and FINRA rules or regulatory filings applicable to mutual funds/ETFs is desired, but not required. -Evenings and weekends may be required during peak period
Benefits: Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.
Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting usbank.com/careers.
EEO is the Law Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal EEO is the Law poster.
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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.