Job Abstract

U.S. Bank Global Fund Services is seeking a licensed attorney with experience working with the Investment Company Act of 1940 and related securities laws and regulations to join the Regulatory Administration group of one of the largest investment company services businesses in the country. 

Candidates will ideally have experience practicing with a law firm, mutual fund, closed-end, or ETF complex, fund servicing organization, investment advisory firm, or applicable regulatory agency dealing with the Investment Company Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, and related rules, regulations, guidance, and practices.
Regulatory Administration Duties

• Drafting, reviewing, and preparing registration statements for new products or annual updates to fund registration statements;

• Ensuring timely and accurate regulatory filings, including registration statement amendments, supplements, exchange listing applications, proxy statements, and related filings;

• Communicating with the U.S. Securities and Exchange Commission (“SEC”) and other regulatory agencies and self-regulatory organizations (e.g., New York Stock Exchange) on behalf of fund clients;

• Preparing agendas, resolutions, agreements, policies and procedures, and other materials for investment company board meetings and preparing related minutes; and

• Serving as a legal resource for clients and internal compliance administrators by providing guidance on issues concerning investment companies, investment advisers, and related entities

The position partners with the other Trust CCOs and Trust Officers in monitoring and addressing changes in the regulatory landscape and determining the impact of such changes to the Trust. In addition, the position may prepare and participate in webinars/calls on regulatory updates to Fund Services’ clients, work on departmental projects and other tasks as assigned.

Qualifications

Basic Qualifications:

• Law degree

• Licensed to practice in the applicable jurisdiction*

• 10 or more years of experience working with the Investment Company Act of 1940 and related securities laws and regulations

• Two or more years of supervisory/managerial experience

Preferred Skills/Experience:

• Knowledge of closed-end fund laws and regulations, mutual fund and ETF knowledge a plus

• Excellent verbal and written communication skills

• Ability to manage multiple tasks simultaneously in a deadline driven environment as well as contribute to department and organizational special projects

• Ability to work well independently and as a member of a team, which includes the ability to be flexible and adaptable

• Strong attention to detail

• Experience managing or supervising the work of other 1940 Act professionals or legal support staff

•  Approximately 15% travel required

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.

* While we require candidates to be licensed to practice law, this position does not offer legal advice to U.S. Bank Global Fund Services or its
clients and will not result in the formation of attorney-client relationships with the funds or advisers with whom the candidate works, or any
other party.