Fund Administrator I

Umb Financial Corporation Milwaukee , WI 53201

Posted 2 days ago

This role will assist with and\or prepare financial statements, board of directors/trustees meeting materials, expense payments and accruals, compliance testing and review of performance data for larger fund, limited service clients as assigned.

Key Functions:

  • Expense Management

  • Prepare and process regular expense payments. Obtain necessary authorization and distribute to appropriate parties for payment and recording

  • Update asset-based and other expense accrual worksheets

  • Prepare 1099-reportable information for review

  • Financial Statements

  • Assist in preparation of accurate quarterly, semi-annual, and annual financial reports

  • Prepare first drafts of 40-17G (fidelity bond), N-PX (proxy) and 24f-2 (sales) filings

  • Assist in updating financial information for prospectus updates

  • Run or gather data/reports as requested by auditors.

  • Fund Distributions

  • Assist in the calculation of periodic and annual dividend and capital gain distribution by updating estimate and distribution worksheets.

  • Board Reporting

  • Update regular board reports with appropriate data

  • Assist with the assembling and distribution of material

  • Compliance Testing

  • Assemble monthly/quarterly SEC, Fund, and IRS compliance tests

  • Review system daily compliance testing for clients utilizing that service

  • Performance Monitoring

  • Compare system generated performance data to Morningstar calculations and identify differences that need to be further researched to identify the issue

  • Other

  • Update tender offer and other reports for clients, as requested.

  • Review Investment Company Institute (ICI) primary layout prepared by the Tax Department

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Fund Administrator I

Umb Financial Corporation