U.S. Bank is looking for a Chief Compliance Officer for a multiple series trust (MST) containing mutual funds and exchange traded funds within our RSS division. This role is responsible for maintaining the MST's compliance program, overseeing service providers, managing regulatory examinations, and reporting to the board.
What You'll Do
- Maintain the MST’s compliance program, including reviewing and administering compliance policies and procedures, and creating new policies in response to new regulatory guidance.
- Provide compliance oversight of service providers to the MST, including independent investment advisers, Transfer Agent, Fund Administrator, Fund Accountant, Custodian, and Distributor(s).
- Review compliance programs and related documentation of the MST’s service providers and conduct site visits (on-site or virtually).
- Work closely with other MST Officers and actively participate in MST Board Meetings.
- Oversee, coach, and provide feedback on the CCO Support Staff assigned to the MST.
- Act as the MST anti-money laundering (AML) Officer for their respective Trust.
- Manage the MST’s regulatory examinations.
- Prepare and deliver the MSTs compliance reports, including the 38a-1 annual report.
- Partner with other MST CCOs and MST Officers to monitor and address changes in the regulatory landscape.
- Prepare and participate in webinars/calls on regulatory or RSS updates to Fund Services’ clients.
- Work on departmental projects and other tasks as assigned.
What We're Looking For
- Bachelor's degree, or equivalent experience
- Ten or more years of related experience
- Two or more years of managerial experience
Nice to Have
- Bachelor's degree in related field with master’s degree/JD a plus
- Ten or more years of experience in a compliance or financial industry related role, preferably in a CCO role or securities related
- Prior experience with compliance or operational aspects of ETFs
- Strong knowledge of federal securities regulations (1940 Act, Advisers Act, AML)
- Strong organization, analytical, managerial and project management skills
- Ability to manage multiple projects and deadlines simultaneously
- Effective interpersonal, verbal and written communication skills, past Board reporting experience a plus
- Proficient computer skills, specifically Microsoft Office applications
- Ability to work independently and effectively manage priorities
- Team player who can adjust rapidly in response to critical business needs
- Approximately 15% travel required
Technical Stack
- Microsoft Office applications (Outlook, Teams, Word, Excel)
Team & Environment
You will partner with other MST CCOs and MST Officers and oversee CCO Support Staff.
Benefits & Compensation
- Compensation Range: $133,365.00 - $156,900.00
- 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. 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.
