Fund Operations Analyst

seic; Pennsylvania; On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) match

Tuition reimbursement

Commuter benefits

PTO and paid holidays

Parental leave and volunteer days

Job summary

SEI seeks a Fund Operations Analyst to coordinate and oversee a range of funds, including 40 Act Mutual Funds, Canadian Funds, UCITS, and private equity structures. The role covers cash management, model management, and fund trading across multiple regions with collaboration across portfolio managers and custodians.

Responsibilities include cash equitization, regulatory reporting, and contributing to new product initiatives while upholding internal controls and policy documentation.

Qualifications

• Three to five years of financial services experience.
• Experience with mutual funds, fund of funds and product development a plus.
• Understanding of equity futures and cash equitization.
• Strong knowledge of fund operations and 40 Act structures.

Responsibilities

• Oversee daily fund of fund trading and oversight for 40 Act Mutual Funds and Canadian/UCITS funds.
• Manage cash management, cash equitization and sub-advisor trading coordination.
• Assist with model management, asset allocation changes and periodic rebalances.
• Coordinate regulatory reporting and client due diligence.
• Support onboarding of new sub-advisors and documentation of procedures.

Skills

Financial services

Fund operations

Mutual funds

Futures

Cash management

Regulatory reporting

Education

BS/BA in Finance, Economics or equivalent

Tools

Excel

Job description

We are seeking a Fund Operations Analyst to support the ongoing coordination and oversight across a range of structures, including Mutual Funds, Hedge and Private Equity Funds, and Collective Funds across the U.S., Canada, Ireland (UCITS), and the UK.

This role supports day-to-day cash management, cash equitization, mutual fund trading and portfolio model management across the different structures. The position works closely with portfolio managers, operations, compliance, custodians, sub-advisors, and brokers to manage cash, execute model updates, place underlying fund trades in fund of fund products, support futures and FX activity. In addition, the role compiles key regulatory and client due diligence reporting, and documentation of policies and procedures, while contributing to process improvements and supporting new products and platform initiatives as the investment platform evolves.

If you enjoy solving complex problems, coordinating diverse stakeholders, and driving initiatives from concept to completion, this role offers both variety and visibility.

What you will do:

• Daily Fund of Fund trading and oversight
• 40 Act Mutual Funds
• Canadian Funds
• Collective Trusts / Common Funds
• Alternative and Private Equity
• UCITS Funds
• Model Management
  • Establish and retire models on platforms
  • Implement asset allocation changes
  • Monitor / implement periodic model rebalances
• Cash Equitization:
  • Manage day-to-day activities related to cash management, cash equitization and instructing sub-advisor trading. This role includes coordinating with portfolio managers, sub-advisors, custodians, fund accounting and brokers.
  • Coordinate across internal and external teams to move cash, invest in futures and instruct sub-advisors to invest or raise cash. There is regular communication between the operational teams, portfolio managers, custodians, sub-advisors and brokers.
  • Trade U.S. and International index futures and currency forwards
  • Coordinate Institutional Client conversions and de-conversions
  • Assist with new sub-advisor onboarding, ongoing support and sub-advisor terminations.
  • Review and document policies and procedures for the functions performed by the team.
  • Assist in design and implementation of product development initiatives including investment product enhancements, operations and administrative service support, technology, etc.
• Reporting & Oversight
  • Coordinate compliance and regulatory reporting
  • Coordinate client due diligence
  • Compile Internal Management Reporting
• Policies, procedures and systems
  • Design and implement procedures related to new products
  • Identify process improvements and strengthen internal controls
  • Maintain policy and procedure documentation for the functions performed by the team

What we need from you:

• BS/BA in in Finance, Accounting, Economics, STEM or the equivalent in work experience
• Three to five years of financial services experience. Prefer investment accounting and trading. product development / management a plus
• Strong understanding of investments including equity, fixed income, alternative asset classes and understanding of derivatives products, specifically equity futures and its application in equitizing cash
• Strong understanding mutual fund operations

Attributes we value:

• Attention to detail and the ability to prioritize responsibilities
• Ability to manage multiple tasks simultaneously while maintaining a high level of accuracy
• Strong communication skills
• Excellent project management and organizational skills
• Exceptional leadership and interpersonal skills

SEI's competitive advantage:

To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.

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
• 21 days PTO/year pro-rated for new hires which increases over time
• paid parental leave
• back-up childcare arrangements
• paid volunteer days
• a discounted stock purchase plan
• investment options
• access to thriving employee networks
• and more

We are a technology and asset management company delivering on our promise of building brave futures (SM)-for our clients, our communities, and ourselves. Come build your brave future at SEI.

The position title reflected in this job description is aligned with SEI's current internal job architecture. As part of SEI's role and career framework, internal job titles may not directly correspond to external market titles and may differ from titles previously assigned during an employee's tenure or at the time of hire.

SEI is an Equal Opportunity Employer and so much more...

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