U.S. Bancorp | Distribution and Expense Supervisor

Responsibilities

• As a Distribution and Expense Servicing Supervisor, you will be assigned to an operational servicing team who helps support the day-to-day treasury operations of exchange-traded funds (“ETF”), mutual funds and/or closed end funds.
• 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.   
• The actual range for the role may differ based on the location of the role.
• Reviewing calculations, projected income and capital gain distribution estimates for clients.
• Monitoring and reviewing the overall distribution process for clients, comprising accurate and timely calculations, reconciliations and payment of dividends and capital gains for ETF and mutual fund products.
• Validate distribution rates, components, and tax classifications (e.g., ordinary income, qualified dividends, capital gains, return of capital) and review vendor reporting and income projections.
• Collaborating with fund administrators, tax administrators, fund accountants, transfer agents, custodians, index providers and exchanges.
• Support daily financial operations for ETF and mutual fund products by overseeing invoice processing, managing vendor relationships, and ensuring accurate allocation of fund expenses.
• Maintain organized records and ensure compliance with internal controls.
• Work closely with internal teams and external service providers.
• Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.
• Helping lead the coordination of projects, mentor teammates, use problem-solving skills and communicate effectively with mid-level and senior-level Fund Administrators. 
• Process-oriented mindset with interest in automation and workflow improvement
• Review our full benefits available by employment status here.
• Pay Range: $98,175.00 - $115,500.00
• Posting may be closed earlier due to high volume of applicants.

Requirements

• Eight or more years of experience in Fund Administration or related field, i.e., public accounting.
• Proven knowledge of ETFs, mutual funds, other investments and security types.
• Keen understanding of accounting principles.
• Strong analytical and problem-solving skills.
• Ability to manage multiple tasks, projects and deadlines simultaneously.
• Ability to perform under tight deadlines.
• Effective verbal and written communication skills.
• Intermediate to expert Microsoft Excel ability.
• Proficient computer navigation skills

U.S. Bancorp

U.S. Bancorp is an employer hiring in India (sector: BFSI / Investments / Insurance). In its own words: "Experience personalized banking services for your unique needs with U.S."

Its finance, accounts, audit and tax openings in India are mostly in Milwaukee, Minneapolis, Saint Louis and Tempe.

• Industry: BFSI / Investments / Insurance