Investment Officer, Alternative Collective Investment Trusts
About the position Investment Officer, Fiduciary Investments, Collective Investment Trust The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking a new member to join the Collective Investment Trust (CIT) team within SEI Trust Company (“STC”). As an Investment Officer, you will be responsible for the servicing requirements of our Collective Investment Trust from an investment perspective – with a strong and balanced view to risk oversight. SEI’s CIT team is responsible for establishing and maintaining collective trusts under the rules of its direct regulator and standards of the Department of Labor, Internal Revenue Service and other regulatory bodies. This team works closely with internal divisions including legal and compliance, fund accounting, and the transfer agent. The CIT Team currently supports over 700 collective investment funds with approximately $270 Billion in AUM working with over 200 investment sub-advisors. Responsibilities • Work alongside STC’s Chief Investment Officer to oversee STC’s investment advisors and CITs from an investment perspective. • Consume investment research and operational due diligence to support STC’s investment management responsibilities with respect to private market investments. • Conduct daily reviews of collective investment trust portfolio holdings data to ensure compliance with applicable investment guidelines and escalate issues as appropriate. • Partner with STC’s investment advisors to resolve investment guideline deviations and to implement approved guideline changes consistent with fiduciary responsibilities. • Address ad hoc investment related issues as they arise and proactively identify opportunities to enhance the firm’s risk profile. • Perform annual and quarterly due diligence through reviews of documentation, conference calls, and on-site meetings, and summarize key findings for management and committee review. • Maintain organized records of fund policies and procedures, including proxy voting and best execution, and prepare, review, and present materials for periodic trust investment committee meetings. • Participate in divisional and corporate development initiatives to support process improvement, collaboration, and continued professional growth. Requirements • B.S/B.A. (Business or related field preferred) or equivalent work experience. • Minimum 5 years prior relevant work experience, ideally in Asset Management or Banking. • Understanding of collective investment trusts and/or pooled vehicle operations. • Experience with private market investments. • Detail-oriented. • Strong aptitude for numbers. • Excellent interpersonal skills. • Ability to work under pressure and perform job responsibilities within deadlines. • Ability to recognize potential problems and escalate them appropriately. • Must be a team player, capable of interacting with senior management, leaders, legal / compliance / risk, market unit partners. • Excellent communication / presentation skills both on a verbal and written level. • Knowledge of Microsoft Excel for Windows and an aptitude for computer systems. • Proven initiative & problem solving skills with thorough follow-up. • Logical and Analytical. • Possess natural curiosity & inquisitiveness, particularly in financial markets. • Independent Self Starter • Regular and reliable attendance in accordance with position, business and/or client needs. Nice-to-haves • A drive to broaden one’s knowledge of the financial services industry by learning new concepts A drive to broaden one’s knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments. • Ability to multi-task and prioritize daily workload. • Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy. • Collaboration with internal and external stakeholders. As the needs of our clients change, we need to be flexible to change with them. • Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment. • Curiosity, critical thinking and attention to detail: Whether it’s to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business. As a specialist, you will be referred to as a subject matter expert in key areas. • Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information. Benefits • 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. • Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 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.