US Bancorp Fund Services

  www.usbfs.com
  www.usbfs.com

US Bancorp Fund Services Reviews

Updated August 21, 2014
Updated August 21, 2014
19 Reviews
3.3
19 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Joe Redwine
5 Ratings

Employee Reviews

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  1.  

    pretty good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at US Bancorp Fund Services

    Pros

    mix of everything, good balance

    Cons

    depends on team, lot of variation

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Politics, miscommunications, high turnover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mutual Fund Specialist II-Contact Center in Milwaukee, WI
    Current Employee - Mutual Fund Specialist II-Contact Center in Milwaukee, WI

    I have been working at US Bancorp Fund Services full-time (more than an year)

    Pros

    Most of the coworkers are great, large team feel, ability to shadow in other departments to learn how things relate, hours aren't horrible, with the market closed on weekends and holidays, that's nice.

    Cons

    Miscommunication, one manager will say one thing, another will say something different. If you do not associate with the "in" crowd, don't expect a promotion. High turnover, by the time you really get to know someone they have left, either somewhere else in the company or another company all together. Schedules are not released on a timely basis, you have to give more notice for time off than they give you your schedule. Schedule a week in advance, you need to give 2 weeks for time off.

    Advice to ManagementAdvice

    Management needs to get on the same page, back door politics need to disappear.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Full Time: Decent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Accountant in Hackensack, NJ
    Current Employee - Fund Accountant in Hackensack, NJ

    I have been working at US Bancorp Fund Services full-time (less than an year)

    Pros

    It's great to start your career. Pay is average, and great culture.

    Cons

    In a long run, it's an ideal place to grow, if you want to expand your role and responsibilities as you progress your career.

    Advice to ManagementAdvice

    Invest more both time and money in employees.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    USBFS Mutual Funds CSR I

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mutual Funds Customer Service Representative I in Milwaukee, WI
    Former Employee - Mutual Funds Customer Service Representative I in Milwaukee, WI

    I worked at US Bancorp Fund Services full-time (more than an year)

    Pros

    Helpful coworkers, opportunities for advancement, nice facilities, good work / life balance, decent benefits, friendly management and coworkers, variety of responsibility

    Cons

    Dated technology, no internet access in my division, denied participation in employee appreciation activities, some adversarial coworkers, seemed to promote and reward schmoozers rather than performers

    Advice to ManagementAdvice

    Don't try to force employees to behave as if they were dedicated through unusual rules, rather give freedom but promote a culture of dedication.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    Educational

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Reporting Manager in Milwaukee, WI
    Former Employee - Financial Reporting Manager in Milwaukee, WI

    I worked at US Bancorp Fund Services full-time (more than an year)

    Pros

    Good people to work with, strong leadership ethic.

    Cons

    Upper management does not take the time to get to know thier employees

    Advice to ManagementAdvice

    Understand what is going on with your employees on a personal level

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    It's a job.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Milwaukee, WI
    Former Employee - Anonymous Employee in Milwaukee, WI

    I worked at US Bancorp Fund Services full-time (more than 3 years)

    Pros

    work experience
    benefits
    paid vacation
    nice coworkers
    professional work environment

    Cons

    below market pay
    incompetent upper management
    limited advanced opportunities
    repetitive and boring
    awful communication between departments
    need to pay parking
    yearly bonus is a joke

    Advice to ManagementAdvice

    Reward hard working employees and pay them what they are worth.

    Doesn't Recommend
    No opinion of CEO
  8.  

    Great Company to Work For

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Compliance Administrator in Milwaukee, WI
    Current Employee - Compliance Administrator in Milwaukee, WI

    I have been working at US Bancorp Fund Services full-time (more than an year)

    Pros

    It is amazing how close a group of employees can be. Great culture!

    Cons

    I do not have any cons

    Advice to ManagementAdvice

    Utilize some newer technology, office, etc.

    Recommends
    Approves of CEO
  9.  

    Look elsewhere

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fund Administration in Milwaukee, WI
    Current Employee - Fund Administration in Milwaukee, WI

    I have been working at US Bancorp Fund Services full-time (more than 3 years)

    Pros

    - Ok advancement opportunities
    - Good experience

    Cons

    - Below market pay
    - "Promotions" don't generally mean pay increase
    - Brown nosers typically get rewarded
    - Surrounded by lazy employees, which means extra work for others

    Advice to ManagementAdvice

    Reward good employees or they will leave.

    Doesn't Recommend
    Negative Outlook
  10.  

    Great company!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Lead - Mutual Fund Specialist IV in Milwaukee, WI
    Current Employee - Team Lead - Mutual Fund Specialist IV in Milwaukee, WI

    I have been working at US Bancorp Fund Services full-time (more than 3 years)

    Pros

    Awesome company with advancement opportunities, great benefits, and very supportive.

    Cons

    At any level of management the pay isn't the greatest, good for the banking industry. Compared to other jobs in Healthcare or Engineering the pay is weak.

    Advice to ManagementAdvice

    Pay management more so us subbordinates have a good pay to look forward to. If the managers are making less than the team leads after overtime, than there is no point toward taking on the added respoonsibilty of a manager.

    Neutral Outlook
  11.  

    Overall Not a Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fund Administration in Milwaukee, WI
    Former Employee - Fund Administration in Milwaukee, WI

    I worked at US Bancorp Fund Services full-time (more than 3 years)

    Pros

    - Good experience working with clients, auditors, etc.

    Cons

    - Pay is below market rates (you must ask for a raise when receiving a 'promotion'). Other companies in the same line of business pay much more, even when taking into account cost of living differences.
    - There is no such thing as teamwork.
    - Communication between departments is horrible.
    - Work/life balance is not very good. Again, mainly due to the lack of teamwork.

    Advice to ManagementAdvice

    - Employees are only staying due to the uncertainty in the economy. Once things pick up, expect people to leave, unless you pay the employees who perform and continuously receive compliments from clients and board members.

    Doesn't Recommend
    Negative Outlook

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