Director, Alternative Investment Funds

Client Management

• Understand, communicate, and resolve unique client issues in tandem with SEI Relationship Teams
• Ensure the overall quality and delivery of Fund Accounting, Shareholder Reporting and Administration services in accordance with client-specific service model
• Serve as senior technical and operational resource for client
• Interact with the Board of Directors/Trustees connected to the Director’s bundle of service relationships
• In certain circumstances, serve as the Chief Financial Officer of client funds

Technical Consulting

• Identify, interpret, apply and communicate accounting and industry rules and regulations
• Identify trends in the investment management business and adjust operational services accordingly

Departmental Leadership

• Create, communicate, monitor and reinforce departmental vision, goals and objectives
• Actively participate in regular senior management meetings and initiatives
• Promote integration of Fund Accounting Department with other SEI lines of business
• Participate in management skills training and development of staff
• Set and enforce departmental policies
• Develop and communicate goals and objectives for the team, and formulate specific action plans
• Periodically review prioritization of team goals and objectives and monitor progress regularly
• Conduct performance appraisals, monthly one-on-ones with the team analysts and supervisors and provide career pathing and training
• Provide and foster a team environment to include individual development, promotions and disciplinary action
• Participate in or lead departmental projects as applicable

Fund Administration Oversight

• Review fund financial statements, fund documents, regulatory filings, etc.
• Review fund budgets and other pro-forma analyses
• Work closely with Tax and Legal Departments on unique issues
• Direct, lead and orchestrate the pace and process of change to improve operational efficiency and effectiveness

Operational Oversight

• Ensure premier client service that meets or exceeds client expectations
• Monitor all current service and quality indicators and establish related goals
• Provide daily oversight and review of significant fund level threshold deviations
• Manage staff resources to ensure proper client coverage and service
• Set departmental policies and procedures related to the operational control environment
• Monitor and oversee third party vendor performance as it relates to the daily operations
• Monitor and oversee the progress of the funds’ annual audits

Sales Support

• Write and coordinate fund accounting-related responses to RFP’s and RFI’s

Qualifications

• Bachelor's degree in Business, Accounting, Finance, Economics, Mathematics or equivalent professional experience
• Minimum 10 years proven operations management experience leading multiple teams in a changing environment or a minimum of 6 years in a public accounting firm with specific experience in the financial services field
• CPA preferred
• Significant direct, relevant experience with accounting for mutual funds and other unitized pooled investment vehicles
• Strong knowledge of security trading practices in a back office environment
• Genuine familiarity with the Investment Company Act of 1940 and the Investment Advisers Act of 1940
• Experience in reviewing fund financial statements and an understanding of U.S. Generally Accepted Accounting Principles (GAAP) for investment companies and related reporting requirements
• Proven track record of successfully managing operational teams or departments

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)
• 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

SEI’s Competitive Advantage

• Comprehensive benefits package including healthcare, life and disability insurance, 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
• Equal opportunity employer
• Open floor plan and numerous art installations designed to encourage innovation and creativity in the workforce
• Paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks
• AI use guidelines