Paul Corelli
About Paul Corelli
Paul Corelli is a Manager at SEI Investments, with a background in finance and extensive experience in custody operations and global securities services.
Current Role at SEI Investments
Paul Corelli is currently a Manager at SEI Investments. He has developed and implemented various operational plans, including the documentation of Controls Standards, Policies and Procedures, and Business Continuity Management. At SEI Investments, he manages a consolidated Cash and Payments Operations Team responsible for over 1 million payments annually, utilizing channels like FedWire, Check Issuance, ACH, SWIFT, CHAPS, BACS, and Debit Card. He also proactively manages five Cash Correspondents located worldwide and maintains a close relationship with the Risk Management and Compliance/Anti-Money Laundering groups.
Previous Roles at BlackRock, JPMorgan Chase, and Barclays Bank
Paul Corelli has held significant roles at major financial institutions. From 2002 to 2004, he served as Vice President, Custody Operations, at BlackRock in New York/Wilmington. Prior to that, he was Vice President, Global Securities Services, at JPMorgan Chase from 1995 to 2002. His earlier career included a six-year tenure at Barclays Bank PLC, where he worked as Vice President in the Global Custody Group from 1989 to 1995.
Education in Finance
Paul Corelli holds a Bachelor of Science (BS) degree in Finance from Fairleigh Dickinson University. He furthered his education by earning a Master of Business Administration (MBA) in Finance from Pace University - Lubin School of Business. His academic background has provided a solid foundation for his career in financial services and management.
Operational Initiatives at SEI Investments
At SEI Investments, Paul Corelli has been instrumental in operational enhancements and initiatives. He implemented automation enhancements to optimize the Payments framework, gaining further economies of scale. He also assisted in the development and roll-out of SEI’s new Global Wealth Management Platform, focusing on the end-to-end securities trading and settlement process. Additionally, he implemented the Securities Settlement and Foreign Exchange daily operational functions within this platform.
Team Management and Performance Improvement
Throughout his career, Paul Corelli has demonstrated strong team management skills. At SEI Investments, he successfully turned around the operating performance of the Free Asset Movement Team, which is responsible for approximately 50,000 customer account transfers annually for the entire SEI Private Trust Company account base. He managed a staff of 35 Analysts and Supervisors, ensuring efficient and effective operations.