Job Information
UMB Bank Manager of Regulatory Administration in Milwaukee, Wisconsin
As the Manager of Regulatory Administration , you will be apart of the Fund Administration Department. You will manage the group that assists our fund clients with preparation of board minutes, the preparation and maintenance of registration statements and related filings. Registration statements (including a prospectus) are the legal documents that disclose the strategy, risk, fee, and operational details of a fund to investors, as required by federal securities laws, including primarily the Investment Company Act of 1940 and Securities Act of 1933, and regulated by the U.S. Securities and Exchange Commission ("SEC").
Regulatory Administrators are a key point of direct interaction with clients and need to be able to assist in drafting and filing registration statements with the SEC. Regulatory Administrators may work with our team of attorneys, fund administrators and EDGAR filers to manage multiple complex client and internal projects at any time. The position is expected to have paralegal training or direct related Investment Company Act experience.
How you’ll be spending your time:
Hire, train, coach, develop and evaluate team
Establish and maintain consistent policies and procedures to meet client, regulatory and financial requirements
Preparation of regulatory filings required under federal securities laws, including registration statements on Forms N-1A and N-2
Oversee the work of other Regulatory Administrators
Coordination with internal colleagues and external clients to incorporate their changes to large and complex documents
Working with outside counsel to plan and prepare for client board and shareholder meetings
Coordinating, drafting, and distributing legal documents, communications, resolutions, board meeting minutes, correspondence, and proxy statements among a variety of parties
Project management for deadlines that may require a variety of different filings close in time to each other
Monitoring and reporting on regulatory initiatives promulgated by various regulatory agencies such as the SEC and Financial Industry Regulatory Authority
Developing and implementing department processes and policies
Reporting and confirming regulatory project billing information.
Other duties as assigned
We would be excited to talk with you if:
Bachelor’s Degree or previous related experience may be accepted in lieu of a degree.
Five (5) years’ experience in preparing regulatory filings for mutual funds under the Investment Company Act of 1940
Experience with mutual fund board governance, including working effectively with outside board members
Compensation Range:
Minimum: $69,230.00 - Maximum: $179,300.00
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.
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