Sei Investments Company - Oaks, PA

posted 4 months ago

Full-time - Entry Level
Hybrid - Oaks, PA
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Investment Manager Services Division (IMS) at SEI is experiencing rapid growth and is looking to expand its Reconciliation team. The primary objective of this team is to deliver exceptional administration services for clients' assigned alternative investment funds, mutual funds, or ETFs. As an operations analyst, you will serve as a crucial intermediary between the funds and the fund accountant teams, ensuring that the reconciliation of custodial and prime broker accounts is accurate and meets client expectations. In your role within the reconciliation function, you will collaborate closely with the Fund Accounting and Portfolio Accounting teams to gain a comprehensive understanding of the client's portfolio and fund structure. This collaboration is essential to ensure that all required deliverables are completed accurately and on time. You will perform various types of reconciliations to verify data accuracy and meet client service expectations. As the record keeper for the fund, you will be responsible for collecting and maintaining security pricing details from third-party vendors and broker quotes in various formats. Additionally, you will manage the documentation of processes and procedures tailored to individual client needs. Effective communication with internal teams and client teams will be vital as you work to resolve open issues and questions, reaching out to internal technology support and vendor support when necessary to address any production issues or system support queries. SEI is committed to your success and encourages you to seek future solutions. By participating in various IMS and corporate professional development sessions, you will acquire the tools necessary to identify processes across the division and organization. This role offers the opportunity to partner with a diverse team and advance your career within the financial services industry.

Responsibilities

  • Act as an intermediary between funds and fund accountant teams to ensure accurate reconciliation of custodial and prime broker accounts.
  • Work closely with Fund Accounting and Portfolio Accounting teams to understand client portfolios and fund structures.
  • Perform various types of reconciliations to ensure data accuracy and meet client service expectations.
  • Collect and maintain security pricing details from third-party vendors and broker quotes.
  • Manage documentation of processes and procedures related to individual client needs.
  • Communicate with internal teams and client teams to resolve open issues and questions.
  • Reach out to internal technology support and vendor support to resolve production issues or system support queries.

Requirements

  • BA / BS in Accounting, Finance, Economics, Mathematics, or equivalent work experience.
  • Internship experience preferred.
  • Intermediate skills in Microsoft Excel.
  • Self-motivation, organization, and drive to complete multiple client deliverables in a timely manner without sacrificing quality.
  • Strong written and verbal communication skills for client support via email and phone calls.
  • Strong customer service skills for daily communication with clients and service providers.

Nice-to-haves

  • A drive to broaden knowledge of the financial services industry by learning new concepts and systems.
  • Attention to detail to ensure all deliverables meet high standards of quality and accuracy.
  • Collaboration with internal and external stakeholders to adapt to changing client needs.
  • Positivity and collegial approach in assisting colleagues and clients in a team environment.
  • Curiosity, critical thinking, and attention to detail to identify solutions and implement efficient processes.

Benefits

  • Healthcare (medical, dental, vision, prescription, wellness, EAP, FSA)
  • Life and disability insurance (premiums paid for base coverage)
  • 401(k) match
  • Education assistance
  • Commuter benefits
  • Up to 11 paid holidays/year
  • 16 days PTO/year pro-rated for new hires, increasing over time
  • Paid parental leave
  • Back-up childcare arrangements
  • Paid volunteer days
  • Discounted stock purchase plan
  • Investment options
  • Access to thriving employee networks
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