Fee Analyst - Global Fund Services - Operations

Fee Analyst

Bring your analytical mindset to a role where accuracy, impact, and collaboration matter.

At U.S. Bank, we're reimagining how we support complex financial operationsand our Global Fee Management (GFM) team within Global Fund Services (GFS) is at the center of it. As a Fee Analyst, you'll play a critical role ensuring fee billing accuracy and supporting operational excellence.

If you're detail-oriented, curious, and motivated to grow in a fast-moving operational environment, this is an opportunity to build meaningful expertise while making a measurable impact.

What You'll Do

• Analyze and validate fee data received through internal systems to ensure accuracy and completeness
• Interpret fee schedules and agreements across a variety of client accounts and structures
• Set up and maintain fee billing configurations for new and existing accounts
• Support invoicing and revenue recognition processes through accurate fee coding
• Review internal and external reports to identify discrepancies and resolve billing issues
• Partner with relationship managers and internal teams to provide insights and resolve inquiries (non-client facing)
• Navigate multiple systems and workflows to support end-to-end fee administration

This role is highly detail-driven and requires strong ownership to ensure downstream accuracy and compliance.

What Makes This Role Unique

• Be part of a high-impact operational team supporting Global Fund Services
• Gain exposure to complex financial products, fee structures, and systems
• Contribute to a team that recently completed a large-scale system transformation (Advantage Fee platform)
• Work in a collaborative environment where asking questions and continuous learning are encouraged

What Success Looks Like

• You proactively ask questions and seek clarity in complex scenarios
• You demonstrate strong attention to detail, minimizing errors and downstream impact
• You learn quickly and adapt to new systems and processes
• You collaborate effectively and contribute to team problem-solving

Work Environment

• Hybrid schedule: 3+ days onsite
• Locations: Saint Paul, Milwaukee, or Cincinnati
• Flexible hours aligned to business operations (e.g., 7:00 AM4:00 PM or 8:00 AM5:00 PM)

Tools & Systems You'll Use

• Advantage Fee (primary billing system)
• Entrada (workflow intake)
• Trust 3000 / SEI / SWP
• Salesforce, FileNet, and SharePoint

Basic Qualifications

• Bachelor's degree in accounting, finance or related field, or equivalent work experience
• Two or more years of financial industry related experience

Preferred Skills/Experience

• Knowledge of trust operations, securities, or fee-based account structures
• Strong analytical, problem-solving, and decision-making skills
• High level of attention to detail and accuracy
• Ability to manage multiple systems and processes simultaneously
• Strong organizational and communication skills

Why Join Us

At U.S. Bank, we invest in your growth. Whether you're expanding your operational expertise or building a long-term career in financial services, you'll have the tools, support, and opportunities to succeed.

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:

• 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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: $66,640.00 - $78,400.00

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.

Posting may be closed earlier due to high volume of applicants.