What are the responsibilities and job description for the Attorney, Director (Banking Legal Team) position at SEI1GLOBAL?
The Attorney / Director (“Attorney”) will be responsible for supporting the Senior Director of the Bank Legal Team by working with numerous SEI business teams and other members of SEI’s Legal, Compliance and Corporate Development Department to support the strategy, development and operation of existing and new services across SEI platforms. The Attorney’s focus will be on custody and trust operations that support the services being offered on SEI platforms to SEI’s clients.
Responsibilities will include the following: counseling numerous SEI business teams on the various regulatory obligations and risks associated with operational requirements impacting SEI’s bank-related platform services, including custody and trust services, taking into consideration the regulatory bodies having jurisdiction over the relevant SEI entities and operations being performed; escalating issues outside approved policies and procedures; working closely with other attorneys and compliance personnel in the Legal, Compliance and Corporate Development Department to ensure that new services and operations are implemented in accordance with applicable compliance programs and comply with applicable law and regulations; working closely with business unit solutions teams and operations teams to draft and negotiate contracts and agreements, and to counsel and support their efforts while also ensuring such parties’ adherence to applicable regulations, standards and procedures; and proactively managing and advising on various legal matters, including with outside counsel.
The Attorney will be a member of the Legal, Compliance and Corporate Development Department and will report to the attorney managing the Banking Legal Team.
Core Expectations:
Perform short-term project-based work in addition to executing on the task-based elements of your role or as team may require /Perform task-based work as well as undertake and execute on longer-term, project-based work/Draft, review and negotiate various agreements and contracts in support of the business solutions teams.
Generally, works with peers who have a similar function to discharge but may collaborate with other functions /Work with a team of others that have similar functions to discharge a group role or function.
Work with more senior staff when dealing with complex issues, larger clients, accounts, projects, analyses, or internal relationships.
Display sound judgement while being supervised in the execution of an overall task/Demonstrate judgement but regular supervision and instruction is required for execution of overall task.
Resolve simple issues independently while understanding what to escalate up the chain.
Oversee junior staff from time to time while not having responsibility for final decision making on issues needing resolution.
Create sound and reliable work product that can be shared with clients directly.
Collaborate well with market unit teams, while ensuring that decision making stays within the appropriate levels of risk appetites.
Demonstrate experienced understanding of business line and a basic understanding of the overall company.
Have an experienced understanding of specialized discipline/Have a fundamental understanding of specialized discipline.
Be a reliable transmitter of information, 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 on your own.
Demonstrate a basic understanding of business and operating environment.
What you’ll do:The Attorney’s primary responsibilities will be:
Keep business units and management apprised of new legislation and regulations impacting the platform services offered to clients and the contracts related thereto, including regulations of the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC and the U.S. Securities and Exchange Commission;
Educating internal clients with respect to the positions and issues that arise during implementation of new service and/or ongoing operations;
Manage and advise on various legal issues in the ordinary course, including with outside counsel
Coordinate with operations and various business unit solutions teams to provide legal and compliance guidance with respect to the development of new products and services;
Maintain an ethical and independent counsel for SEI in accordance with the standards of conduct applicable to the legal profession;
Support the management of long-term projects, engaging colleagues and ensuring completion;
Participating in various activities related to regulatory compliance, and third-party risk management;
Assisting with policy and procedure drafting and review; and
Perform other assignments as the Senior Director/Attorney may direct.
What you bring to the table:
To be considered candidates must demonstrate the following to the satisfaction of SEI:
Law degree from accredited U.S. law school
Current bar admission
Knowledge of federal laws impacting financial service companies required (bank laws and regulations, including trust regulations, preferred) and experience in dealing with federal regulators. Experience with the OCC preferred.
Experience in regulatory compliance in an operations, custody, trust or similarly regulated area; or equivalent combination of education and experience
Ability to balance business partnership with the need to exercise independent judgment and to raise potentially sensitive or contentious issues in a timely and constructive manner
Comfort with a dynamic, often-changing environment
Detail oriented, flexible and a collaborative team player
A high degree of multi-tasking capability
Three professional references
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
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.
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.
We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.
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 / 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.
Responsibilities will include the following: counseling numerous SEI business teams on the various regulatory obligations and risks associated with operational requirements impacting SEI’s bank-related platform services, including custody and trust services, taking into consideration the regulatory bodies having jurisdiction over the relevant SEI entities and operations being performed; escalating issues outside approved policies and procedures; working closely with other attorneys and compliance personnel in the Legal, Compliance and Corporate Development Department to ensure that new services and operations are implemented in accordance with applicable compliance programs and comply with applicable law and regulations; working closely with business unit solutions teams and operations teams to draft and negotiate contracts and agreements, and to counsel and support their efforts while also ensuring such parties’ adherence to applicable regulations, standards and procedures; and proactively managing and advising on various legal matters, including with outside counsel.
The Attorney will be a member of the Legal, Compliance and Corporate Development Department and will report to the attorney managing the Banking Legal Team.
Core Expectations:
Perform short-term project-based work in addition to executing on the task-based elements of your role or as team may require /Perform task-based work as well as undertake and execute on longer-term, project-based work/Draft, review and negotiate various agreements and contracts in support of the business solutions teams.
Generally, works with peers who have a similar function to discharge but may collaborate with other functions /Work with a team of others that have similar functions to discharge a group role or function.
Work with more senior staff when dealing with complex issues, larger clients, accounts, projects, analyses, or internal relationships.
Display sound judgement while being supervised in the execution of an overall task/Demonstrate judgement but regular supervision and instruction is required for execution of overall task.
Resolve simple issues independently while understanding what to escalate up the chain.
Oversee junior staff from time to time while not having responsibility for final decision making on issues needing resolution.
Create sound and reliable work product that can be shared with clients directly.
Collaborate well with market unit teams, while ensuring that decision making stays within the appropriate levels of risk appetites.
Demonstrate experienced understanding of business line and a basic understanding of the overall company.
Have an experienced understanding of specialized discipline/Have a fundamental understanding of specialized discipline.
Be a reliable transmitter of information, 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 on your own.
Demonstrate a basic understanding of business and operating environment.
What you’ll do:The Attorney’s primary responsibilities will be:
Keep business units and management apprised of new legislation and regulations impacting the platform services offered to clients and the contracts related thereto, including regulations of the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC and the U.S. Securities and Exchange Commission;
Educating internal clients with respect to the positions and issues that arise during implementation of new service and/or ongoing operations;
Manage and advise on various legal issues in the ordinary course, including with outside counsel
Coordinate with operations and various business unit solutions teams to provide legal and compliance guidance with respect to the development of new products and services;
Maintain an ethical and independent counsel for SEI in accordance with the standards of conduct applicable to the legal profession;
Support the management of long-term projects, engaging colleagues and ensuring completion;
Participating in various activities related to regulatory compliance, and third-party risk management;
Assisting with policy and procedure drafting and review; and
Perform other assignments as the Senior Director/Attorney may direct.
What you bring to the table:
To be considered candidates must demonstrate the following to the satisfaction of SEI:
Law degree from accredited U.S. law school
Current bar admission
Knowledge of federal laws impacting financial service companies required (bank laws and regulations, including trust regulations, preferred) and experience in dealing with federal regulators. Experience with the OCC preferred.
Experience in regulatory compliance in an operations, custody, trust or similarly regulated area; or equivalent combination of education and experience
Ability to balance business partnership with the need to exercise independent judgment and to raise potentially sensitive or contentious issues in a timely and constructive manner
Comfort with a dynamic, often-changing environment
Detail oriented, flexible and a collaborative team player
A high degree of multi-tasking capability
Three professional references
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
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.
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.
We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.
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 / 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.
