Mutual Fund Institutional Specialist II

2 days ago

Milwaukee, Wisconsin, United States UMB Financial Corporation Full time

The UMB Registered Fund team manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.

As the Mutual Fund Inst. Specialist II, you will interface with the National Securities Clearing Corporation (NSCC) to process mutual fund trades in the Transfer Agency System. This role is hybrid (3 days on-site) for candidates in the Milwaukee area.

How you will spend your time:

  • Establish brokers on the TA system Process commission and 12b 1 payments
  • Resolve exceptions relating to NSCC settlements
  • Ensure accurate cash movements
  • Work closely with brokers, client personnel and various internal departments to process work accurately and on a timely basis and to resolve problems
  • Other duties as assigned

We're excited to talk with you if:

  • You have a bachelor's degree OR combination of related experience and education may be considered in lieu of the four-year degree requirement
  • You have at least 3 year of experience of Transfer Agency experience

Compensation Range:

$43, $82,590.00

The posted compensation range on this listing represents UMB's standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?

You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to

to let us know the nature of your request.

If you are a California resident, please visit our

Privacy Notice for California Job Candidates

to understand how we collect and use your personal information when you apply for employment with UMB.

  • Mutual Fund Institutional Specialist II

    9 hours ago

    Milwaukee, Wisconsin, United States UMB Bank Full time $43,000 - $82,590

    The UMB Registered Fund team manages the daily accounting, tax, audit, administration, and operational tasks for mutual fund and collective trust clients.As the Mutual Fund Inst. Specialist II, you will interface with the National Securities Clearing Corporation (NSCC) to process mutual fund trades in the Transfer Agency System. This role is hybrid (3 days...

  • Mutual Funds Specialist

    1 week ago

    Milwaukee, Wisconsin, United States U.S. Bank Full time $62,400 - $100,000 per year

    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,...

  • Mutual Fund Specialist

    1 week ago

    Milwaukee, Wisconsin, United States U.S. Bank Full time $20 - $26

    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,...

  • Mutual Fund Specialist

    3 hours ago

    Milwaukee, Wisconsin, United States U.S. Bank Full time

    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,...

  • Senior Tax Administrator Fund Services

    1 week ago

    Milwaukee, Wisconsin, United States UMB Bank Full time $56,890 - $136,580

    The Registered Funds Team of UMB works with clients to provide accounting, tax, audit, and administrative services for mutual funds and collective trusts.As the Tax Administrator Sr., you will prepare and review the work of a group of Tax Administrators (I, II and III). Reviewing responsibilities primarily includes income and excise tax provisions,...

  • Investment Accounting Specialist

    1 week ago

    Milwaukee, Wisconsin, United States Northwestern Mutual Full time $48,580 - $99,000 per year

    About the Job:The Investment Accounting Specialist prepares accurate financial reporting for fixed income and equity securities for Northwestern Mutual and related entities. Completes processes to ensure accurate monthly, quarterly and annual reporting to internal management as well as external agencies and auditors. Assists in the monthly data integrity...

  • Fund Administrator

    1 week ago

    Milwaukee, Wisconsin, United States U.S. Bank Full time

    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,...

  • Field Shared Services Wealth Operations Senior Specialist

    1 week ago

    Milwaukee, Wisconsin, United States Northwestern Mutual Full time $60,340 - $112,060 per year

    This position will require 3 days onsite at the downtown Milwaukee corporate office.What You Will DoAt Northwestern Mutual, our vision is to deliver financial security to help our clients live their best lives by choice. A key pillar of our vision and success is our strong, vibrant sales force. This role sits within the Career Distribution (CD) function,...

  • Fund Accountant III

    1 week ago

    Milwaukee, Wisconsin, United States UMB Bank Full time $43,000 - $109,270

    Duties & Responsibilities:Independently utilizes generally accepted accounting principles, Fund Accountant III's are responsible for all functions related to the daily calculation of the net asset value for multiple mutual funds.  Fund Accountant III's are responsible for performing the accounting, pricing, review and reconciliation functions for multiple...

  • Insurance Regulatory Attorney

    1 week ago

    Milwaukee, Wisconsin, United States Northwestern Mutual Full time $123,480 - $229,320 per year

    As a member of this team and working collaboratively with the other members of the Law Department, this attorney will:Serve as a point of contact on legal, regulatory, and other issues related to risk products and insurance operations.Provide business areas with timely and high-quality advice on law, regulation, industry standards, and best practices...