Investment Associate - Ascent Division

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About the Role

The Ascent division of U.S. Bank's Wealth Management Group provides exclusive services to ultra-high-net-worth (UHNW) clients with net worths exceeding $75 million. We are looking for a tech-savvy Investment Associate (IA) with a strong background in wealth management or investment services. The ideal candidate will be detail-oriented, determined, and eager to grow within a high-performing team. If you are intelligent, confident, ambitious, and curious, this role could be a perfect fit for you!

The Investment Associate will work collaboratively with our investment team to maintain an investment discipline and ensure compliance for our fast-growing, multi-asset class business. Under the guidance of senior investment professionals, your key responsibilities will include:

• Documenting investment policy statements
• Conducting investment research and due diligence as needed
• Monitoring and reporting on performance
• Managing compliance and handling various projects as required

This position does not involve direct client relationship management.

Key Responsibilities:

• Use AI and automation tools to enhance the efficiency of repetitive investment processes.
• Exhibit advanced skills in Excel, PowerPoint, and other Microsoft Office applications, demonstrating strong overall technological proficiency.
• Maintain a keen eye for detail and communicate effectively, both verbally and in writing.
• Support investment activities, including account openings, investment performance reporting, compliance assistance, and operational tasks to ensure a high-quality client experience.
• Prepare and deliver timely client materials and reports as requested by the investment team.

Qualifications:

• 1-3+ years of experience in an investment role supporting UHNW clients, foundations, or endowments; family office experience is preferred.
• Bachelor's degree in finance, business, economics, or a related field.
• Familiarity with core asset classes, including equities, fixed income, private capital, and real assets.
• Demonstrated interest in expanding investment knowledge and contributing to team success.
• A collaborative and proactive approach, with flexibility to support varying team priorities.

Location: This role is based in Denver or Seattle and is hybrid, requiring at least three days in the office each week.

If any accommodations are needed during the application or hiring process due to a disability, we are here to assist you.

Benefits:

We care about the well-being of our team members, which is why our benefits are designed to support you and your family in various aspects of life. Our offerings include:

• Healthcare (medical, dental, vision)
• Basic and optional term life insurance
• Short-term and long-term disability coverage
• Pregnancy disability and parental leave
• 401(k) plan with employer contribution
• Paid vacation ranging from two to five weeks based on salary grade and tenure
• Up to 11 paid holidays annually
• Adoption assistance
• Sick and Safe Leave accrued at one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise dictated by law

Review our comprehensive benefits package available by employment status.

U.S. Bank is an equal opportunity employer, welcoming applicants from all backgrounds. We evaluate qualified candidates without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other factor protected by law.

In addition, U.S. Bank participates in the E-Verify program for employment eligibility verification.

This position offers a salary range of $104,550.00 - $123,000.00, which may vary based on location. Additional benefits include a robust package of incentives, recognition programs, equity stock purchase options, 401(k) contributions, and pension plans (eligibility applies).

Please note that due to the high volume of applicants, this posting may close earlier than anticipated.