Fund Operations Analyst

U.S. Bank

. Support the day-to-day financial and compliance operations of ETF, mutual fund, closed end fund and/or business development company clients .

Posted 9/17/2026full-timeMilwaukee • Wisconsin • United StatesJunior💰 $60,435 - $71,100 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in financial reporting, compliance operations, and regulatory requirements for ETFs and mutual funds, with strong attention to detail and organizational skills. Capable of mentoring teammates and effectively communicating with senior leaders while managing multiple tasks and deadlines.

Highest-signal resume keywords

Financial Statement PreparationRegulatory Reporting ComplianceKnowledge of ETFs and Mutual FundsMicrosoft Excel ProficiencyAttention to Detail

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Financial ReportingGAAP CompliancePortfolio Compliance TestingOperational ReportingReconciliationData CollectionBudget MonitoringAccounting PrinciplesRegulatory KnowledgeEthics and Compliance

Soft Skills

Effective CommunicationOrganizational SkillsDetail-OrientedProject ManagementMentoring

Tools & Technologies

Microsoft Excel

Industry Keywords

Investment Company Act of 1940Closed End FundBusiness Development CompanyFund ClientOperational EfficiencyRisk Reduction

About the role

Key responsibilities & impact

Support the day-to-day financial and compliance operations of ETF, mutual fund, closed end fund and/or business development company clients
Help prepare financial statements and accompanying financial footnotes for fund client shareholders and the SEC in compliance with GAAP and regulatory reporting requirements
Lead fiscal-year financial reporting filing requirements for ETF and other fund clients
Test portfolio compliance with the Investment Company Act of 1940, prospectus limitations and Internal Revenue Code guidelines
Assist with regulatory reporting and data collection processes
Help prepare materials for fund client board of directors meetings
Monitor fund budgets based on contractual agreements, fee proposals and expense activity trends
Prepare and review operational reports, reconciliations and supporting schedules
Research and resolve operational discrepancies and exceptions
Maintain operational procedures and supporting documentation
Participate in initiatives focused on operational efficiency, automation and risk reduction
Develop knowledge to mentor teammates and communicate with senior leaders
Assist Fund Administrators with ad-hoc projects

Requirements

What you’ll need

Bachelor's degree in accounting or finance, or equivalent work experience
One to two years of related work experience
General knowledge of ETFs, mutual funds, other investments and security types
Basic understanding of legal, regulatory and accounting principles
Acknowledgement of ethics and compliance
Organized and attentive to detail
Ability to manage multiple tasks, projects and deadlines simultaneously
Effective verbal and written communication skills
Proficient computer navigation skills
Experience with Microsoft Excel
Willingness to learn new and sometimes complex concepts
Ability to work from a U.S. Bank location three (3) or more days per week
Ability to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies

Benefits

Comp & perks

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
Incentive and recognition programs
Equity stock purchase
401(k) contribution and pension