Operations Analyst II, Centralised Operations - Reconciliations

At SEI we value our employees and believe in driving growth through change.  Part of building brave futures is making a concerted effort to develop and challenge our employees to achieve their goals through internal job mobility.  

Whilst the parent company has its principal offices in the United States, the SEI Group comprises operating subsidiaries in the EU, UK, Cayman Islands and Canada. The SEI Group’s operations in Ireland are carried out through three entities based in Dublin that conduct the Group’s business of managing proprietary UCITS and AIF funds, as well as providing administration and depositary services to funds established by third party investment managers. 

Position Description:

The Operations Analyst II, Centralised Operations - Reconciliations is responsible for the successful and accurate completion of the daily reconciliation of Private Debt/Credit funds that hold complex private loans. The ability to understand loan operations and process loan life cycle events 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:

• Utilizing reconciliation system to reconcile activity daily.

• Reconciliation of private loan transactions against broker cash statement to clear reconciliation breaks on Fund Accounting system.
• Review and process loan life cycle related activities including: paydowns, borrowings, interest payments, rate resets and rollovers.

• Complete and Review Security Price Tolerance Checking for all Alternative Funds within the Geneva Fund Accounting system using external vendors.

• 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.
• Strictly adhere to established departmental processing procedures and controls.
• Work on Projects / Adhoc tasks as required.

What you bring to the table:

• 1-3 years’ experience in Fund operations with experience in Alternatives / Hedge Funds to include:
  • Knowledge of Geneva and/ or similar Fund Accounting systems.
  • Knowledge of bank debt processing functionality using the Geneva fund accounting system, WSO etc.
  • Knowledge of the Syndicated or Private Debt Loan Market.
  • Knowledge of various security types.
• Third level qualifications (Business, Finance or IT related fields) desirable.

Attributes we value:

• Excellent interpersonal and customer service skills.
• Strong organizational and administrative skills.
• Ability to multi-task, prioritize work and manage time to maximize efficiency and to meet strict deadlines.
• Strong oral and written communication skills.
• Fluency in English Language (both verbal and written) essential.
• Individual who takes initiative and ownership of assigned responsibilities.
• Positive ‘can do’ attitude with excellent problem solving skills.
• Detail-oriented.
• Team player.
• Flexible / Adaptable.
• P.C. proficient, particularly in Word, Excel, Access and Visual Basic.

Benefits you can expect:

Healthcare for yourself, your spouse and any dependents up to the age of 18 years. Pension Scheme. Tax Saver Travel Benefits. Bike to Work Scheme. On-site Gym with Fitness Classes and 1:1 PT Sessions. Club Supplement. Education Assistance. Competitive Family & Annual Leave Entitlements as well as 2 Paid Volunteer Days per year. Life Assurance. Annual Employee Share Participation Scheme.

We are focused on ensuring a healthy work-life balance and offer a hybrid working model and flexible working hours.

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…

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.

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.