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.
We are looking for an experienced compliance professional to be responsible for managing key compliance functions, including developing and maintaining policies and procedures, managing regulatory change, external and internal reporting, assisting with corporate governance and providing the business lines with compliance direction. This position within Regulatory Support Services (RSS) will support Global Fund Services (GFS)’ Deputy Chief Compliance Officer and focus on various aspects of GFS’ compliance with various securities laws and regulations as well as tackling larger compliance projects. This position will entail:
Providing support in the development and administration of the Compliance program
Maintaining and adjusting policies and procedures (including the development of new policies) to meet regulatory requirements and expectations, both domestic and foreign (Cayman Islands, EU, other)
Overseeing and working closely with corporate partners (i.e. risk, law division, corporate compliance) and business lines to address federal and state regulatory changes and to review/complete gap analysis and assist with action plan development
Providing compliance direction and advice in all areas applicable to the business lines including support for longer term compliance projects, internal and external audit matters and digital innovation projects
Managing certain regulatory documents and filings, such as the TA-2 filing
Overseeing corporate governance of domestic and offshore affiliates including review and preparation of Board Materials for various GFS entities
Assisting with strategic initiatives including implementation of new service offerings and vendor relationships
Supporting selected firm-wide compliance initiatives and may have project management oversight in some instances
Developing and overseeing various client and senior management reporting and departmental metrics, including reviewing and approving of compliance events and client communications
Overseeing project management of RSS departmental initiatives
Participating in client due diligence visits as needed
Seeking improvement opportunities and efficiencies in team processes
Other duties as assigned
Basic Qualifications
- Bachelor's degree, or equivalent experience
- Ten or more years of related experience
- Two or more years of managerial experience
Preferred Skills/Experience
- Ten or more years of experience in auditing, accounting, legal or regulatory compliance activities
- Ten or more years of experience in investment securities or regulatory compliance activities
- Five or more years of management experience
- Strong knowledge of Federal securities regulations (1940 Act, Advisers Act), knowledge of foreign securities regulations a plus
- Strong organization, analytical and project management skills
- Strong critical thinking skills
- Strong planning, implementation and negotiation skills
- Effective interpersonal, verbal and communication skills
- Proficient computer skills, especially Microsoft Office applications
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other 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.
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 (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
EEO is the 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.
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: $126,820.00 - $149,200.00 - $164,120.00U.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.