Supervisor, Reconciliation

SEI Corporation; Northern (KY); Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) match

Paid time off

Paid holidays

Tuition reimbursement

Job summary

SEI Corporation seeks a Supervisor of Reconciliation to lead the team responsible for reconciling custodial and prime broker accounts for client funds. You will train analysts, perform performance reviews and participate in staffing decisions to build a capable team.

You will collaborate with Fund Accounting and Portfolio Accounting to understand portfolios and fund structures, ensuring deliverables are accurate and timely while maintaining high client service standards.

Qualifications

• BA / BS in Accounting, Finance, Economics, Mathematics, or equivalent experience.
• 2 years experience in financial services, investment industry.
• Intermediate skills in Microsoft Excel.
• Strong written and verbal communication skills.
• Strong customer service and reliability to deliver multiple client deliverables.
• Regular and reliable attendance in accordance with position and client needs.
• Extensive knowledge of the financial services industry, security markets and investment types.
• Experience with equity, fixed income and derivative markets is preferred.
• Understanding of pricing and valuation of asset classes.

Responsibilities

• Supervise operation analysts on reconciliation with Fund Accounting and Portfolio Accounting teams.
• Train and manage staff, conduct performance appraisals and interviews.
• Coordinate opening/closing of client accounts and maintain process documentation.
• Ensure accurate reconciliations of custodial and prime broker accounts and issue resolution.

Job description

## Supervisor, ReconciliationApply: USA - PA - Oaks: Full time: Posted Today: R0037654The 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 a supervisor, 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. You will train and supervise the operation analysts on the team. What you’ll 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.· You will coordinate opening (and closing) of new (or terminated) accounts. Additionally, you will help to manage the documentation of processes and procedures relating to individual client needs.· Your due diligence and attention to detail during the review process of the operation analysts work will be key to your team’s success while striving for error free reconciliations and reporting. · You will assist the manager with conducting performance appraisals, monthly one-on-ones with the team analysts and provide career pathing and training. You will also ensure staffing requirements are met by participating in analyst interviews. You will partner with the manager to provide and foster a team environment to include individual development, promotions and disciplinary action.· 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.· 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 experience.· 2 years experience in financial services, investment industry.· 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.· Regular and reliable attendance in accordance with position, business and/or client needs.**What we would like from you:** · Extensive knowledge of the financial services industry, security markets and investment types.· Experience with various instrument types including equity, fixed income and derivative markets and demonstrated knowledge of security terms and conditions relative to each asset type.· Understanding of the pricing and valuation of various asset classes including experience with security level pricing verification processes.· Strong working knowledge of industry trends and regulatory environment.· Ability to interact and build effective working relationships with peers and senior management.· Demonstrated ability to function in a fast paced, high-intensity working environment with multiple and diverse responsibilities.· Ability to analyze issues quickly and independently and take appropriate action under tight time constraints.· Entrepreneurial spirit and willingness to take on additional responsibility quickly.· 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/ **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 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, 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...**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 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.