Operations Analyst, Collective Investment Trust

SEI1GLOBAL•Upper Providence Township, PA

About The Position

At SEI we value our employees and believe in driving growth through change. Part of building brave futures is making a concerted effort to develop and challenge our employees to achieve their goals through internal job mobility. The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Collective Investment Trusts (CIT) team. As an operations analyst, you will coordinate the day-to-day administrative and regulatory functions for our growing list of collective trusts/funds. SEI’s CIT Team is responsible for establishing and maintaining collective trusts under the rules of its direct regulator and standards of the Department of Labor, Internal Revenue Service and other regulatory bodies. This team works closely with internal divisions including the ITA, IFS, Compliance, Legal, etc. The CIT Team currently supports around 470 collective funds with almost $100 + Billion in AUM working with over 135 investment sub-advisors. 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 collaborate with a complementary team and grow your career 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. 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.

Requirements

BA / BS in Business, Accounting, Finance, Economics, Mathematics or equivalent experience
Experience in any of the following fields: Collective Trust Funds, Employee Benefits, Investments, trust and/or insurance administration is ideal but not necessary
Intermediate skills in Microsoft Excel
The self-motivation and aim to supervise multiple client deliverables 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 internal and external clients
For this position, SEI is not hiring individuals who require sponsorship for employment or continued employment now or anytime in the future.

Nice To Haves

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 assignments
Collaboration with internal and external partners. As the needs of our clients change, we need to be flexible to change with them
Positivity and congenial 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/

Responsibilities

You will handle daily activities associated with collective funds; including but not limited to trade processing, administrative support, and operational setups
You will prepare account opening and maintenance documents for foreign market investments
You will assist CIT Specialists and Trust Officers with governmental filings and regulatory reporting; preparation of materials to be presented to Trust Company board and committees
You will assist in leading access to the CIT website and oversee all processes related to the maintenance of the website
As a record keeper for the funds, you will be working collaboratively with internal teams regarding the establishment/maintenance of new or changed funds or fund share classes. Additionally, you will be organizing necessary reporting for sub-advisors and internal teams
You will communicate with appropriate internal teams or client teams to resolve open issues and questions, collaborate with internal technology support and vendor support when necessary to resolve any production issues or system support queries