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 Global Fund Services (Fund Services), a subsidiary of U.S. Bank, is growing and seeking a focused, experienced professional to join our Regulatory Support Services (RSS) team. Fund Services supports a broad range of investment strategies and products, including mutual funds and exchange-traded funds (ETFs).

This position within RSS will serve as Chief Compliance Officer (CCO) for one of our multiple series trusts (MST) containing mutual funds and exchange traded funds. In addition, the position is responsible for managing the MST Compliance Officer (CO) team leader.

Key responsibilities include:

• Collaborating with the CO team leader to provide strategic direction and task management for the CO team
• Overseeing, coaching, and providing ongoing feedback to direct reports and Compliance Officers
• Maintaining the MST compliance program, including the review and administration of policies and procedures, and developing new policies in response to regulatory guidance
• Providing compliance oversight of MST service providers, including independent investment advisers; Fund Services as Transfer Agent, Fund Administrator, and Fund Accountant; U.S. Bank as Custodian; and external parties such as fund distributors
• Reviewing service provider compliance programs and related documentation, and conducting on-site or virtual reviews as appropriate
• Working closely with other MST Officers and actively participating in MST Board Meetings
• Serving as the Anti-Money Laundering (AML) Officer for the assigned Trust
• Managing regulatory examinations for the MST
• Preparing and presenting compliance reports, including the Rule 38a-1 annual report
• Performing other duties as assigned
  
  
  

Basic Qualifications

• Bachelor’s degree in a related field required; Master’s degree, JD, or CPA preferred
• Ten or more years of experience in a compliance or financial industry–related role, preferably in a Chief Compliance Officer or securities-related capacity
• Five or more years of experience leading and managing teams
  
  
  

Preferred Skills/Experience

• Strong knowledge of federal securities regulations, including the Investment Company Act of 1940, the Advisers Act, and AML requirements
• Demonstrated ability to manage and lead diverse teams and complex projects
• Strong organizational, analytical, client service, and project management skills
• Ability to manage multiple priorities, projects, and deadlines simultaneously
• Effective interpersonal, verbal, and written communication skills; prior Board reporting experience preferred
• Proficiency with Microsoft Office applications, including Outlook, Teams, Word, and Excel
• Ability to work independently and effectively prioritize work
• Collaborative team player with the flexibility to adapt quickly to critical business needs
• Willingness to travel approximately 15%
  
  
  

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:

• 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
  
  
  

Review our full benefits available by employment status here.

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: $143,905.00 - $169,300.00

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.