Overlay Portfolio Implementation Analyst

SEI•Upper Providence Township, PA

7d•Hybrid

About The Position

The Managed Account Solutions (MAS) team is seeking an Overlay Portfolio Implementation Analyst. The MAS team within the Investment Management Unit is responsible for the development, support, and distribution of investment products and services used to support SEI’s multi-manager managed account program. MAS is distributed through the Independent Advisor Solutions, and Institutional market units. What you will do: As an Overlay Portfolio Implementation Analyst you will be responsible for the daily management, rebalancing and trade generation of client accounts. Activities include: · On a daily basis identify client accounts for rebalancing and trade generation from manager model changes, drift, tracking error · Implement new account opening/closing, invest/raise cash requests and asset allocation changes · Facilitate tax management of accounts including harvesting gains/losses; policing wash sales, limiting de minimis trades and monitoring gains budgets · Monitor client accounts to ensure they are continually aligned with their investment mandate and tracking error expectations · Ensure trade recommendations are consistent across accounts based on established guidelines, security restrictions and social screens. · Generate and export trades across accounts for execution · Perform tax transition analyses and report generation for client proposals · Participate in overlay management oversight meetings · Work with the middle office teams to implement client specific instructions for accounts · Act as a liaison between the Managed Account Solutions team and other departments within the Firm (client support, back office operations, sales etc.) · Contributing to cross-functional projects focused on improving efficiency, scalability, and client experience · Working on special projects as assigned by the team Manager, including research, process redesign, and technology-driven initiatives What we need from you: The ideal candidate will possess an understanding of the investment advisory business including a base understanding of investment product types (e.g., managed accounts, ETFs, mutual funds) and investment advisor operations (i.e. portfolio accounting, portfolio rebalancing, corporate action processing, and trade settlements).

Requirements

Four year undergraduate degree ideally in business/finance or related subjects
Minimum of 2 years of financial services experience
Good communication and strong attention to detail
Excellent interpersonal skills / team player
Exceptional verbal and written communication skills
Strong working knowledge of Excel, with experience using multiple Excel functions and macros
Must be able to work with minimal supervision
Must be in Oaks office three days per week

Nice To Haves

Ability and desire to work in a fast-paced, market-oriented environment, capable of working under pressing deadlines
Detail orientated, able to spot potential issues, and ask questions to avoid errors
A problem solver, able to logically work through problems and propose solutions as well as challenge and enhance current processes
Interest in developing a career in the asset management business and pursuit of a MBA or CFA preferred
Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun.

Responsibilities

On a daily basis identify client accounts for rebalancing and trade generation from manager model changes, drift, tracking error
Implement new account opening/closing, invest/raise cash requests and asset allocation changes
Facilitate tax management of accounts including harvesting gains/losses; policing wash sales, limiting de minimis trades and monitoring gains budgets
Monitor client accounts to ensure they are continually aligned with their investment mandate and tracking error expectations
Ensure trade recommendations are consistent across accounts based on established guidelines, security restrictions and social screens.
Generate and export trades across accounts for execution
Perform tax transition analyses and report generation for client proposals
Participate in overlay management oversight meetings
Work with the middle office teams to implement client specific instructions for accounts
Act as a liaison between the Managed Account Solutions team and other departments within the Firm (client support, back office operations, sales etc.)
Contributing to cross-functional projects focused on improving efficiency, scalability, and client experience
Working on special projects as assigned by the team Manager, including research, process redesign, and technology-driven initiatives