Supervisor, Reconciliation

181 SEI Global Services, Inc.; Oaks (PA); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) match

Tuition reimbursement

Commuter benefits

Up to 11 paid holidays/year

21 days PTO/year

Paid parental leave

Back-up childcare arrangements

Paid volunteer days

Discounted stock purchase plan

Investment options

Access to thriving employee networks

Job summary

181 SEI Global Services, Inc. is seeking a qualified supervisor for its Reconciliation team within the Investment Manager Services Division (IMS).

The role focuses on ensuring accurate reconciliation of custodial and prime broker accounts across client funds, with training and supervision of operation analysts. You will partner with Fund Accounting and Portfolio Accounting, manage new accounts, and support performance reviews, training, and staffing.

Qualifications

• BA/BS in Accounting, Finance, Economics, Mathematics, or equivalent experience.
• 2 years experience in financial services, investment industry.
• Intermediate skills in Microsoft Excel.
• Self-motivation, organization and drive to complete multiple client deliverables.
• Strong written and verbal communication skills to support clients via email/phone.
• Strong customer service skills with daily client interaction.
• Regular and reliable attendance in accordance with position, business and/or client needs.

Responsibilities

• Work with Fund Accounting and Portfolio Accounting to understand client portfolios and fund structures.
• Perform reconciliations to ensure data accuracy and client service expectations.
• Coordinate opening and closing of accounts and document processes.
• Assist manager with performance appraisals, coaching, and staffing needs.
• Foster a team environment and support career development and disciplinary actions.
• Communicate with internal/client teams to resolve issues and coordinate with tech/vendor support when needed.

Skills

Financial services experience

Strong communication

Attention to detail

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 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.

• 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.

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. We are global provider of technology, operations, and asset management services for the financial services industry. We tailor our solutions to help clients make effective use of their capital—whether that’s money, time, or talent—so they can grow and better serve their clients. At SEI, we’re committed to fostering an inclusive workplace where everyone has the same opportunities to grow, develop, and succeed.