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Legal Services Manager - Regulatory Services - Banking, Operations and Regulatory Governance

SEI
United States, Pennsylvania, Oaks
1 Freedom Valley Drive (Show on map)
September 30, 2022

The Legal Service Manager ("LSM") is a member of the SEI Legal & Compliance Department and will work with a team of attorneys and legal service managers who are responsible for providing legal advice and services to numerous SEI business teams to implement consistent and appropriate risk-based process for the development of new services across SEI platforms impacting banking and operations.

Responsibilities will include the following, each of which shall be performed under the direction of an attorney: staying abreast of the regulatory landscape impacting platform services and have excellent relationship skills to coordinate and communicate with members of SEI's Legal & Compliance team as well as SEI's business teams, supporting and counselling the business teams on the various regulatory obligations and risks associated with operational requirements impacting the banking and operations offered on SEI platforms; working closely with other attorneys, senior LSMs and compliance personnel in the Legal department to ensure that new banking and operation services are implemented in accordance with applicable compliance programs and comply with applicable law and regulations impacting those services; escalating issues that fall outside of established policies, procedures, and regulatory requirements.

The LSM will be a member of Legal & Compliance Department and will report to the Managing Director/Attorney of the Banking, Operations and Regulatory Governance team.

Core Expectations:

  • Perform short-term project based workin addition to executing on the task based elements of your role or as team may require
  • Generally works with peers who have asimilar function to discharge but may collaborate with other functions
  • Work with more senior staff whendealing with complex issues, larger clients, accounts, projects, analyses,or internal relationships
  • Display sound judgement while beingsupervised in the execution of an overall task
  • Resolve simple issues independentlywhile understanding what to escalate up the chain
  • Create sound and reliable workproduct that can be shared with clients directly
  • Collaborate well with market unitteams, while insuring that decision making stays within the appropriatelevels of risk appetites
  • Demonstrate experienced understandingof business lines and a basic understanding of the overall company
  • Have a fundamental understanding ofspecialized discipline
  • Be a reliable transmitter ofinformation, i.e. a good understanding of what issues need to be reported"up the chain" as opposed to those that you should be able to resolve onyour own
  • Demonstrate a basic understanding ofbusiness and operating environment


What you'll do:

The LSM's primary responsibilities will be:

  • Staying abreast of and interpreting new legislation and regulations impacting advisory, custody and banking services offered on SEI platforms to clients, including regulations of the Office of the Comptroller of the Currency (OCC), U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board and the FDIC;
  • Perform day-to-day tasks for business units and serve as primary day-to-day contact;
  • Assist legal team members in addressing regulatory and legal issues;
  • Assist Compliance in connection with regulated activities provided through platform services by regulated entities;
  • Review offering and marketing documents;
  • Support the management of actual and potential litigation matters, including internal reviews and investigations related to such matter, as well as the management and response to subpoenas;
  • Support the management of long-term projects, engaging colleagues and ensuring completion;
  • Perform other assignments as the Managing Director/Attorney may direct.

What you bring to the table:

To be considered candidates must demonstrate the following to the satisfaction of SEI:

  • B.S./B.A. from an accredited college or university or equivalent work experience
  • Prior experience as a paralegal with a law firm or financial institution preferred
  • Knowledge of federal laws impacting financial service companies required (investment advisor and/or bank laws and regulations preferred) and experience in dealing with federal regulators a plus. Experience with the OCC and/or SEC preferred.
  • Experience in regulatory compliance in an operations, custody, trust or similarly regulated area; or equivalent combination of education and experience
  • Excellent communication and organizational skills
  • Comfort with a dynamic, often-changing environment
  • Detail oriented, flexible and a collaborative team player
  • Strong desire to learn
  • A high degree of multi-tasking capability
  • Ability to prioritize work and business needs.

Attributes we value:

Each member of the SEI Legal & Compliance department is expected to consistently demonstrate the following fundamental characteristics in the performance of their work responsibilities:

  • Hardworking
  • Smart
  • Effective
  • Solution-Oriented
  • Team Player
  • High Integrity/Ethics
  • Good Communicator/Listener
  • Sound Judgment
  • Dedicated to Self-Improvement
  • Self-Aware
  • Open-Minded
  • Thoughtful

While the above characteristics are prerequisites for all members of the SEI Legal & Compliance department, employees who consistently demonstrate the following behaviors are able to distinguish themselves and will be recognized and rewarded, including by receiving opportunities for professional growth and career progression:

  • Passionate
  • Innovative
  • Impactful
  • A Team Builder
  • Adaptive
  • Inspirational
  • A Strategic Thinker
  • Self-Starting
  • A Positive Influence

What you can expect from us:

We are a technology and asset management company delivering on our promise of building brave futuresSM-for our clients, our communities, and ourselves. Whether you're in one of our global offices or remotely contributing your talent, our culture encourages collaboration, spurs creativity, and inspires the courage to unlock opportunities that help us realize our fullest potential.

Without people, it's just work, so we take pride in caring for our employees and clients. We understand the importance of integrating work and life because finding harmony in your professional and personal activities is key to achieving fulfilment.

And inclusion isn't just a buzz word for us-it's at the core of our commitment to driving our collective success. We ask employees to bring their authentic selves to do their best work every day. It's the power of diverse perspectives, experiences, and ideas that help us deliver the solutions that solve for our clients' most complex challenges.

Six core values are the foundation of SEI's culture. Care for our clients, communities, investors, and each other drives our commitment to these values.

Courage: We think and act like owners, embracing risk to drive growth for our clients and company.

Integrity: We do what we say and act with transparency (because it's the right thing to do).

Collaboration: We work with each other, our clients, partners, and communities to solve problems that matter.

Inclusion: We nurture an environment of respect and belonging where people are empowered to be themselves.

Connection: We build lasting relationships through which we learn, grow, and succeed.

We have Fun.

Does your brave future include professional growth, mastering new skills, and cultivating meaningful connections? Come build it with us, and join our community.

SEI is an Equal Opportunity Employer and so much more...

After 50 years in business, SEI is a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our Oaks, PA office encompasses 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 / affirmative action 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.

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