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 actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation. We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.
Job Description
US Bank Global Fund Services is a global market leader in Fund Administration. With a focus on technology‑driven solutions, US Bank Global Fund Services Ireland Ltd. adopts a client‑centric service model, where all aspects of NAV production are delivered from City Quay in Dublin 2. Employees gain extensive experience across all services associated with servicing open/closed‑end alternative investment hedge/private equity funds.
Responsibilities
Review cash, OTE, position and market value reconciliations.
Prepare expense schedules, including calculation of management and performance fees.
Prepare investor allocations for each NAV period.
Ensure NAV and all other client deliverables are completed accurately and in a timely manner, in accordance with the relevant approved procedure.
Assist in preparation of quarterly board reports and annual / semi‑annual financial statements and audit.
Serve as operational contact for a range of clients, requiring excellent written and verbal communication skills.
Ensure all new processes are documented and all funds procedures are updated periodically; review processes frequently for risk and efficiency, identifying potential automation.
Open, accurate and timely communication with all colleagues.
Cover all funds within the team when required.
Work with manager to mentor and train more junior colleagues.
Work on projects / ad‑hoc tasks as required.
Ensure a timely and accurate service delivery across the team.
Full competency in all areas of NAV production and associated services.
Work with Senior Manager or Fund Accounting Director to plan and deliver training and development of more junior colleagues.
Continually review processes for operational risks, efficiency and technology development opportunities.
Ensure smooth delivery of fund audits, managing clients, auditor and draft accounts within an agreed time schedule.
Understand and review all key areas of fund legal documents relevant to service delivery.
Establish strong working relationships with other business lines with U.S. Bank.
Requirements
3 to 5 years’ experience working in a hedge fund administration firm (at least 2 years in a supervisory role).
Knowledge of Advent Geneva preferred (World Investor or Mantra beneficial).
Strong knowledge of different asset types, including futures, options, IRS, CDS, equity swaps; review/process corporate actions and interest accruals.
Strong Excel knowledge.
Individual who takes initiative and ownership of assigned responsibilities.
Strong oral and written communication skills.
Ability to work under pressure and to tight deadlines.
Ability to quickly recognise changing priorities and refocus the team accordingly.
Ability to positively influence team morale with excellent interpersonal ability.
Hybrid/Flexible Schedule
The role offers a hybrid/flexible schedule, which means there is an in‑office expectation of 3 or more days per week and the flexibility to work outside the office location for the remaining days.
Accessibility
We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.
Total Rewards
U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.
We offer a market‑competitive compensation package that includes:
Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
Performance‑based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognise both individual and company performance.
Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness.
Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
Employee recognition programs that celebrate achievements and milestones for all.
Closing Date
Posting may be closed earlier due to high volume of applicants. We aim to provide timely updates throughout the process and encourage early applications to ensure consideration.
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