Regulatory Reporting Manager

Transfer Agent Job Description

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.

U.S. Bank Global Fund Services offers fund administration, compliance, legal administration, fund accounting, fulfillment, distribution and marketing, custody, securities lending, transfer agent and shareholder services and alternative investment product services. We provide the products and services necessary for fund sponsors to focus on investing while we protect their business interests and minimize risks.

As Transfer Agent, we act as liaison and provide service to over 300 mutual fund companies and their shareholders. We have numerous opportunities for individuals, with excellent multitasking abilities to provide a superior level of service within the mutual fund industry to our growing group of high-profile clients and their shareholders. Efficient and detail-oriented individuals will be able to showcase their talents and develop long lasting relationships through excellent verbal, and written communications.

Ensure compliance with all mutual fund industry related regulatory reporting requirements in an accurately and timely fashion. Responsible for daily oversight of a team accountable for the following compliance initiatives:

• Interpretation of Internal Revenue Service (IRS) and State level regulations regarding mutual fund transaction processing.
• Shareholder tax form creation, validation, and mailing along with IRS information return reporting.
• Compliance with SEC Rule 17AD-17 and related State level unclaimed property filings and asset transfers.
• Federal and state level withholding deposits and tax returns.
• Bank-Tax Match Program participation.
• IRS required compliance mailings.
• IRS B-Notice Solicitation.
• SEC TA-2 filing.
• Participate in a culture of continuous improvement, risk-based thinking, and employee engagement driven by our ISO 9001 certification.

Basic Qualifications

• Bachelor's degree, or equivalent experience
• Three to five years of related experience

Preferred Skills/Experience

• Good knowledge of federal, state and local laws and regulations
• Basic knowledge of the products, policies, operations and procedures related to the business unit
• Strong organization, analytical and project management skills
• Strong planning, implementation and negotiation skills
• Effective interpersonal, verbal and communication skills
• Proficient computer skills, especially Microsoft Office applications
• Minimum two years of experience in a team lead and/or employee management position
• Minimum six years of experience in mutual fund systems, other mutual funds departments, or the brokerage industry
• Demonstrates strong leadership and supervisory skills.
• Ability to develop talent by matching employee strengths and skills to appropriate functional roles.
• Ability to oversee multiple tasks in a dynamic working environment with minimal supervision.
• Strong proficiency in Microsoft applications like Excel, Word, Outlook, and Teams a plus

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.

Learn how the way we work at U.S. Bank 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
• 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

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 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.