Operations Analyst, AML

Sei-Investments; Oaks (PA); On-site; USD 42,000 - 56,000; Full time

Benefits offered by this job

Healthcare

401(k) match

Paid time off

Job summary

Sei-Investments is seeking an entry-level Investor Services Analyst to support onboarding of investors into hedge and private equity funds. You will input data, perform due diligence, and ensure AML policies are followed for investor transactions.

You will monitor wire activity, prepare investment reporting, and distribute documents to end investors via automated processes. Strong communication and customer-service skills are essential.

Qualifications

• BA/BS in Accounting, Finance, Economics, Mathematics, or equivalent.
• Internship experience preferred.
• Intermediate skills in Microsoft Excel.

Responsibilities

• Onboard investors into hedge and private equity funds and collect accurate data and documentation.
• Input relevant data into the contact management system to support investor reporting.
• Ensure AML policies and procedures are followed for investor transactions.
• Monitor clients' bank accounts for investor wire activity and create wire templates.
• Generate and reconcile investor reporting and disseminate documents to end investors via automated distributions.
• Correspond with investment managers and investors regarding subscriptions and reporting.

Skills

Attention to detail

Strong communication

Customer service

Self-motivation and organization

Education

BA/BS in Accounting, Finance, Economics, Mathematics, or equivalent

Tools

Microsoft Excel

Job description

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Alternative Investment Funds Investor Services Anti-Money Laundering Team. This is an entry level position, where training and support will be provided. Our primary goal is to provide exceptional customer service and administration servicing for our clients’ assigned hedge and private equity funds.What you will do:You will be responsible for the onboarding of investors into our clients’ hedge and private equity funds. We need your due diligence and attention to detail to ensure all accurate data points and documentation is received at the time of a subscription. Once received, your job will be to input all relevant data points into our contact management system in order to facilitate investor reportingYou will be required to carry out our Anti-Money Laundering policies and procedures when reviewing all investor transactions. As an Investor Services Analyst, you are required to comply with our department’s rules and regulations crafted to stop the practice of generating income through illegal actionsYou will be tasked with monitoring our clients’ bank accounts for investor wire activity. You will also create wire templates to facilitate all investor paymentsYou will generate and reconcile all investor reporting, such as investor capital statements. Once approved by the client, you will be trusted to disseminate this documentation to our clients’ end investors and their contacts via an automated distribution processYou will correspond with investment managers and their investors regarding day-to-day inquiries, including questions on subscription documents and investor reporting. Client engagement and a dedication to quality service is a must for successWe want you to succeed and look for future solutions! Through attending and participating in various IMS and corporate professional development sessions, you will acquire the tools to identify processes across the division and organization. You will have the opportunity to collaborate with a diverse team and grow your careerWhat we need from you:BA / BS in Accounting, Finance, Economics, Mathematics, or equivalent work experienceInternship experience preferredIntermediate skills in Microsoft ExcelThe self-motivation, organization and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or qualityStrong written and verbal communication skills as you will primarily support your clients through email and/or phone callsStrong customer service skills as you will be communicating daily with your clients and other service providersWhat we would like from you:An aim to broaden one’s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignmentsAttention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracyCollaboration with internal and external stakeholders. As the needs of our clients change, we need to be flexible to change with themPositivity and collegial approach in assisting both colleagues and clients and the ability to work in team environmentCuriosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our businessSomeone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information. https://www.seic.com/For this position, SEI is not hiring individuals who require sponsorship for employment or continued employment now or anytime in the future.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, a hybrid working environment for most roles, 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 include 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 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.SEI is an Equal Opportunity Employer and so much more…After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we’re (literally) invested in your success. We offer our employees paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks.SEI is an equal opportunity / affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.AI Acceptable Use in the application and interview process:SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals’ personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines .