Analyst, Tax Overlay & Portfolio Implementation

About the role

The Managed Account Solutions (MAS) team is seeking an Analyst, Tax Overlay & Portfolio Implementation. 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.

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.)
• Contribute to cross-functional projects focused on improving efficiency, scalability, and client experience
• Work on special projects as assigned by the team Manager, including research, process redesign, and technology-driven initiatives

Requirements

• Four year undergraduate degree ideally in business/finance or related subject
• 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

Qualifications

• 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)

Skills

• 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

Benefits

• Comprehensive care for your physical and mental well-being
• Strong retirement plan
• Tuition reimbursement
• A hybrid working environment for most roles
• Support for working parents
• Flexible Paid Time Off (PTO)

Pay

SEI offers a competitive compensation package including a comprehensive benefits program.

Schedule

The position requires a minimum of three days per week in the Oaks office.

Additional Information

Please see our website for more information. SEI's website

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.