Operations Analyst, Reconciliation

SEI; Oaks (PA); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Comprehensive healthcare benefits

Hybrid working environment

Tuition reimbursement

Flexible Paid Time Off (PTO)

Paid parental leave

Discounted stock purchase plan

Job summary

A leading technology and asset management company in Pennsylvania is seeking an operations analyst to join their Reconciliation team. You will act as an intermediary between the funds and fund accounting teams, ensuring accurate reconciliation of accounts. Qualified candidates should have a BA/BS in a relevant field, strong communication skills, and customer service experience. This role offers numerous benefits including comprehensive healthcare, a hybrid working environment, and opportunities for career growth.

Qualifications

• Bachelor's degree or equivalent experience in related fields is mandatory.
• Strong organizational and self-motivation skills are essential.
• Experience in a client-focused role is preferred.

Responsibilities

• Perform reconciliations to ensure accurate fund accounting.
• Maintain security pricing details from vendors and brokers.
• Communicate with internal and external teams to resolve issues.
• Participate in professional development sessions to enhance skills.

Skills

Microsoft Excel

Customer service

Written communication

Verbal communication

Self-motivation

Organizational skills

Education

BA / BS in Accounting, Finance, Economics, Mathematics

Job description

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Reconciliation team. Our primary goal is to provide exceptional administration servicing for our clients' assigned alternative investment funds, mutual funds, or ETFs. As an operations analyst, you will act as an intermediary between the funds and the fund accountant teams to ensure the reconciliation of custodial and prime broker accounts are accurate.

What you will do:

• In the reconciliation function, you will be working closely with Fund Accounting and Portfolio Accounting teams to understand the client's portfolio and fund structure as well as to ensure all required deliverables are complete. To do this, you will perform various types of reconciliations to ensure that data is accurate and client service expectations are met.
• As the record keeper for the fund, you will be responsible for collecting and maintaining security pricing details in various formats from the third party vendors as well as broker quotes. Additionally, you will manage the documentation of processes and procedures relating to individual client needs.
• You will communicate with appropriate internal teams or client teams to resolve open issues and questions, reaching out to internal technology support and vendor support when necessary to resolve any production issues or system support queries.
• We 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 partner with a diverse team and grow your career.

What we need from you:

• BA / BS in Accounting, Finance, Economics, Mathematics, or equivalent work experience.
• Internship experience preferred.
• Intermediate skills in Microsoft Excel.
• The self-motivation, organization and drive to complete multiple client deliverables in a timely manner without sacrificing excellence or quality.
• Strong written and verbal communication skills as you will primarily support your clients through email and/or phone calls.
• Strong customer service skills as you will be communicating daily with your clients and other service providers.

What we would like from you:

• A drive 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 assignments.
• Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy.
• Collaboration with internal and external stakeholders. As the needs of our clients change, we need to be flexible to change with them.
• Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment.
• Curiosity, 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 business.
• Someone 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.