Supervisor, Centralised Operations - Reconciliations
SEI · Dublin
SEI Investments is a leading global provider of asset management and investment technology solutions. The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. SEI is a people focused organization which encourages and recognizes employee development as being a critical component in the provision of excellent client service. An open, collaborative and detail oriented environment underpins this business objective.
The Supervisor, Centralised Operations - Reconciliations role is to manage the daily deliverables of the team. The team’s core responsibility is to complete daily reconciliation of Private Debt/Credit funds that hold complex private loans. The ability to understand loan operations and to process complex life cycle events along with overseeing the daily workload for the analysts on the team is the primary function of the role. The role will require strong communication skills interacting with clients and internal & external stakeholders.
What you’ll do:
- Supervision of all operational and staffing aspects of the Investment Reconciliations Team.
- Reconciliation of private loan transactions against broker cash statement to clear reconciliation breaks on Fund Accounting system.
- Investigation of cash reconciliation breaks with internal and external stakeholders in a timely manner.
- Review and process loan life cycle related activities including: paydowns, borrowings, interest payments, rate resets and rollovers.
- Communicate and coordinate information between investment managers, agent banks and accounting teams in a timely and effective manner.
- Provide daily, weekly and monthly reconciliation reporting as required;
- Gain understanding of current solutions and make recommendations for future solutions to enhance SEI’s outsourcing services;
- Actively participate in project plans associated with solution development and implementation based upon agreed business requirements
- Query, problem and error resolution on a timely basis (with documentation);
- Facilitate communication between departments in Dublin and the U.S;
- Maintain a good working relationship with external clients as well as with internal units within SEI;
- Ensure adherence to controls and processes / procedures.
- Mentor and coach subordinates to develop capabilities and build a strong succession pipeline for the role
What you bring to the table:
- Third level qualifications (Business, Finance or IT related fields)
- 3 to 4 Years’ experience in Fund operations with experience in Alternatives / Hedge Funds
- Working knowledge of the Syndicated or Private Debt Loan Market
- Working knowledge of Geneva, or similar Fund Accounting systems
- Working knowledge of bank debt processing functionality using the Geneva fund accounting system, Markit etc.
- Knowledge and understanding in reconciling transactions when comparing bank debt activity and broker statements
- Knowledge of various security types
- undefinedAttributes we value:Excellent interpersonal and customer service skillsStrong organizational and administrative skillsAbility to multi-task, prioritize work and manage time to maximize efficiency and meet strict deadlinesStrong oral and written communication skillsFluency in English Language (both verbal and written) essential;Individual who takes initiative and ownership of assigned responsibilitiesPositive ‘can do’ attitude with excellent problem solving skills;Detail-orientedTeam playerFlexible / AdaptableP.C. proficient, particularly in Word, Excel, Access and Visual Basic
Benefits you can expect:
Benefits include flexible working environment, healthcare for yourself, your spouse and any dependents under 18 years old. Life Assurance & Group Income Protection. Education Assistance, Sports Club Membership, Tax Saver Travel Benefits, Paid Parental Leave, 2 Paid Volunteer Days per year, Employee Share Participation Scheme and Competitive Annual Leave Entitlement.
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…
We recognize that our people are our most valuable asset and are (literally) invested in your success; we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance and offer our employees benefits which include private medical care for you and your family, educational assistance scheme and actively encourage work life balance.
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.