Analyst, Tax Overlay & Portfolio Implementation

Analyst, Tax Overlay & Portfolio Implementation

The Managed Account Solutions (MAS) team within the Investment Management Unit is seeking an Analyst, Tax Overlay & Portfolio Implementation. MAS is distributed through the Independent Advisor Solutions, and Institutional market units.

What you will do:

As an Analyst, Tax Overlay & Portfolio Implementation you will be responsible for the daily management, rebalancing and trade generation of client accounts. Activities include:

• 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).

• 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

What we would like from you:

• 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. Please see our website for more information.

SEI's competitive advantage:

To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, a hybrid working environment for most roles, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.

SEI is an Equal Opportunity Employer and so much more