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.

Job Description

This role has multiple levels, open to candidates with a minimum of 3 years of experience in the investment and securities industry. The successful candidate will be hired for the level of the position that aligns with their experience.

The Manager of OCIO (Outsourced Chief Investment Officer) Client Reporting supervises the team responsible for the preparation of monthly and quarterly client performance reports using a performance and attribution reporting system, currently PARis. Oversees the team’s acquisition of data from multiple data sources in order to perform analysis and reporting. Analyzes performance reports for accuracy and identifies discrepancies or reconciliation issues and works closely with team members and the accounting team to find resolutions. Presents data and analysis in a clear and concise manner allowing the audience to quickly understand the results and recommendations so they act upon them and make data driven decisions. Facilitates the timely completion of client deliverables, portfolio evaluation and reporting. Additional team responsibilities may include pre-filling subscription documents for alternative investments, and from time-to-time marketing assistance in the Request for Proposals or contract process, or other work associated with servicing USBAM’s complex OCIO institutional client base. Client contact may be part of the role as needed to assist in the completion of service- and consulting-related tasks. The team’s work provides the manager and team members an opportunity to gain broad exposure to a wide range of investment services at USBAM (U.S. Bancorp Asset Management), and this role can provide an excellent career development path at USBAM. 

Additional Responsibilities Include, but are not limited to:

Act as product owner for the performance and attribution reporting platform

Manage a team of reporting analysts

Coordinate client reporting assignments

Ensure analysts are properly trained

Ensure desk procedures are up to date

Act as intermediary with portfolio accounting team and performance team

Act as the point of contact to clients and client managers, as needed, for any new client reporting needs

Basic Qualifications

Bachelor's degree, or equivalent experience

Three to five years of experience in investment and securities industry

Preferred Skills/Experience

Thorough understanding of investment management and investment performance reporting   

Prior experience managing, coaching and/or mentoring team members

Strong analytic skills with the ability to extract, collect, organize, analyze and interpret results for insights

Ability to data mine, analyze data, and present insights in a meaningful way

Strong decision-making and problem-solving skills

Strong organization and project management skills

Excellent verbal and written communication skills

Ability to embrace and lead through change

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: $102,340.00 - $120,400.00 - $132,440.00

U.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.

U.S. Bank accepts applications for this position on an ongoing basis.