Operations Manager, Private Capital Systems (Investran)

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, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Directly and through staff, manages and coordinates operational activities supporting the organization's private capital accounting and investment operations platforms, with a primary focus on FIS Investran. Leads operational readiness, process optimization, conversion activities, and ongoing support for fund accounting, investor accounting, reporting, and related business functions. Partners closely with Accounting, Operations, Technology, Conversion, and Business stakeholders to ensure data integrity, efficient processes, successful platform implementations, and high-quality service delivery. Provides leadership to teams responsible for Investran operations, conversion support, onboarding activities, reconciliation processes, reporting oversight, and business process execution. Establishes performance expectations, drives accountability, and ensures adherence to corporate policies, regulatory requirements, and operational controls. Basic Qualifications • Bachelor's degree or equivalent work experience • 8+ years of relevant experience in private capital, fund administration, fund accounting, or investment operations Preferred Skills & Experience • Hands-on experience with FIS Investran (PCS), including fund accounting, investor accounting, portfolio accounting, and reporting • Experience leading or supporting Investran implementations, migrations, conversions, or large-scale onboarding initiatives • Strong understanding of private equity, private credit, real estate, infrastructure, and alternative investment fund structures • Experience with conversion activities including: • Data mapping and validation • Historical data migration • Parallel accounting and reconciliation • User acceptance testing (UAT) • Business readiness and go-live support • Thorough understanding of fund accounting concepts including: • Capital calls • Distributions • Waterfalls • Allocations • NAV calculations • Investor reporting • Experience partnering with business, operations, technology, and vendor teams to resolve complex accounting and operational issues • Working knowledge of reporting tools such as Investran Reports, SSRS, Crystal Reports, Power BI, or equivalent reporting platforms • Experience managing operational risk, controls, and process improvement initiatives within a private capital environment • Strong project management and stakeholder management skills • Excellent communication skills with the ability to engage effectively with senior leadership, clients, and cross-functional teams • Proven experience building and leading high-performing operations and accounting teams Ideal Candidate Profile The ideal candidate will have direct experience with Investran fund accounting and/or Investran conversion programs , including participation in platform implementations, operating model transformations, fund onboarding, or large-scale data migration initiatives. Candidates with experience at fund administrators, asset managers, or financial institutions utilizing Investran will be strongly preferred. 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 applica