JOB DESCRIPTION Job Summary Responsible for preparing treasury tasks, including the fund s expense budget, monthly and quarterly financial information and testing the fund s compliance in accordance with IRS and SEC requirements.

Job Responsibilitie

1. Performs the following client functions: Performs testing of the mutual fund s compliance in accordance with IRS and SEC requirements, using our exception-based compliance system.

Analyzes and researches compliance exceptions and presents suggestions to manager.

Reviews fund prospectuses and determines whether any changes are required to compliance control documents.

Prepares the mutual fund s expense budget, using knowledge of client s expense structure and history.

Makes recommendations regarding budget changes to manager.

Maintains expense accruals and payment documentation, including periodic expense analysis, annual expense budget, expense rollforwards, and expense cap analysis.

Interacts with client with regard to questions on status of invoices and allocations and accrual rates.

Prepares Rule 24f-2 and Form N-SAR regulatory filings; research client questions using SEC filing instructions and internal procedures.

Coordinates obtaining data from other IBT departments.

Prepares monthly and quarterly financial information for fund management and Board of Directors.

Calculates fund performance; reviews performance for reasonableness.

Calculates periodic distributions and presents suggested distribution amounts to manager.

2. Complies with internal procedures and specified deadline

3. Creates client calendars and manage timing of work flow and client deliverables.

Uses judgment to escalate any potential concerns about deadlines.

4. Maintains well-documented organized workpapers and client file

5. Other special projects and tasks as assigned Job Requirements BA/ BS plu

1. 2 years related experience Candidate must be detail oriented Ability to work in a deadline oriented group with peak period workflow QUALIFICATIONS Please see job description.

BENEFITS We offer an excellent benefits package which includes Medical, Dental, Life Insurance and Disability.

We also offer 401K Savings Plan, Employee Stock Purchase Plan, as well as 100% Tuition Reimbursement.

We have several Employee Rewards programs, Referral Bonus Program, Discounted Subway and Bus Passes, as well as many other great benefits.

COMPANY PROFILE Investors Financial Services Corp.

is a bank holding company.

Our primary operating subsidiary is Investors Bank & Trust Company.

Through our subsidiaries, we provide a comprehensive range of services to financial asset managers, such as mutual fund complexes, investment advisors, banks and insurance companies.

These services include our core services, global custody and multicurrency accounting, and our value-added services including mutual fund administration, securities lending, foreign exchange, cash management and institutional transfer agency services.

Since becoming a publicly traded company in 1995, we have experienced dramatic growth in revenues, earnings, and total assets processed for clients.

One of our core strategies is to maintain our technological expertise, as we believe that technology, not scale, determines our success.

The asset servicing industry requires the technological capability to support a wide range of global security types, currencies, and complex portfolio structures.

We strive to deliver superior and innovative client service.

We believe service quality in client relationships is key to maintaining and expanding business as well as attracting new clients.

We look at assets servicing from our clients' viewpoint and build our business around their needs.

Unlike most of our competition, we are 100% focused on the business of securities processing.

That means the complex needs of asset managers receive 100% of our attention.

We are an Equal Opportunity Employer M/F/D/V ******** Please note: Applicants must apply on-line at www.investorsjobs.com to be considered for employment.

Thank you for your interest and cooperation.

********* To apply directly to the employer, click here.

RUSAIBT2249-458416

« Apply for Reporting & Compliance Specialist