Many identified genetic risk factors for SLE contribute to the function of the immune system, which has expanded our understanding of disease pathogenesis. We outline the genetic variants in the recently identified SLE-associated loci, the immunologic pathways affected by these gene products, and the disease manifestations linked to these loci. Pathways potentially influenced by SLE risk variants include: apoptosis, DNA degradation and clearance of cellular debris; antigen-presentation; type I interferon, Toll-like receptor and NFκB activation; defective clearance of immune complexes containing nuclear antigens; B- and T-cell function and signaling; and monocyte and neutrophil function and signaling. These identified SLE susceptibility loci are predominantly common variants that have been confirmed among multiple ancestries, suggesting shared mechanisms in disease etiology. Ongoing genetic studies continue the investigation of specific functional variants, and their potential consequences upon immune dysregulation, enhancing our understanding of links between genotypes and specific disease manifestations. The next generation sequencing explores the identification of causal rare variants that may contribute robust genetic effects to developing SLE. Novel insights coming from genetic studies of SLE provide the opportunity to elucidate pathogenic mechanisms as well as contribute to the development of innovative therapeutic targets for this complex disease.