About the role
About Citco JOB DESCRIPTION Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.
For more information about Citco, please visit www.citco.com
About The Team & Business Line Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
As a core member of our Middle Office team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
Responsibilities Your Role:
- You will encompass direct contact and collaboration with our clients, external auditors and third party stakeholders, and internal functions of our operations such as Reconciliations. The Reconciliations function is responsible for reconciling client transactions to third party data, to ensure the integrity and accuracy of the records.
- Identify and resolve issues described in the third party reconciliations, to ensure that the portfolio is maintained (cash flows and security updates), and that any residual risk is captured and signed off prior to production of financial statements
- Understand the fundamentals of the reconciliations production process
- Proactively resolve issues between Citco and broker/counterparty records by liaising with clients and third parties
- Perform internal control procedures as part of the compilation of auditable month-end signoff packages to support positions, trades and cash prior to handing off to other operational groups
- Understand financial instruments in order to verify correct security setups and ensure proper P&L capture and risk management reporting
- Collaborate with and share knowledge and best practices with peers
- Support the launch or conversion of any new business
- Maintain positive and professional relationships with clients and other Citco offices
- Contribute to the continuous improvement and enhancement of operational systems and associated controls and procedures
Qualifications About You:
- You have a Bachelor’s Degree or Community College Diploma focused on investments or accounting (an asset).
- Inquisitive mindset, strong problem solving skills and drive to learn
- Knowledge of, or an appetite to learn about, financial instruments such as Common Stock, Bonds, Options, Futures, Forwards, Swaps, and other products
- Experience working in a professional, deadline driven environment an asset
- Proficient in Microsoft Excel; experience with advanced formulas, data analysis, and macros an asset
- Good English communication skills
Our Benefits Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection
About Citco
Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry. Today, with more than 6,000 employees in 45 countries, we continue to pioneer award-winning services and technology solutions that meet ever changing markets.
A commitment to investing in people, and proprietary technologies, has resulted in our reputation as the industry's preeminent service provider, reassuring clients that their critical administration functions are in safe hands.
Our thought leadership and ability to quickly navigate complex change means our clients can depend on us as trusted advisors to make informed decisions in response to market conditions.
Our Divisions
Citco Fund Services & Investor Relations CFS is the global leader in services for the alternative investment industry. With over 2,000 funds under administration and net assets exceeding $840 billion, we provide full service fund administration, fund accounting, net asset value calculations, investor relations, and more.
Governance Services Leveraging our extensive global office network Citco Governance Services provides customised solutions, including corporate and global subsidiary governance, secretarial services, financial accounting and reporting, tax and audit liaison, and market entry services.
Banking, Depositary & Custody Services Citco Banks operate in strategic financial centres and provide Institutional and Fund of Funds clients access to the funds universe through multiple communication and online real-time global funds platforms.
Citco Technology Management Through our eight global development centres, Citco Technology Management provides secure infrastructures and develops award-winning technology products that underpin our commitment to service excellence.
About the role
About Citco JOB DESCRIPTION Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $1.8 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.
For more information about Citco, please visit www.citco.com
About The Team & Business Line Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.
As a core member of our Middle Office team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.
Responsibilities Your Role:
- You will encompass direct contact and collaboration with our clients, external auditors and third party stakeholders, and internal functions of our operations such as Reconciliations. The Reconciliations function is responsible for reconciling client transactions to third party data, to ensure the integrity and accuracy of the records.
- Identify and resolve issues described in the third party reconciliations, to ensure that the portfolio is maintained (cash flows and security updates), and that any residual risk is captured and signed off prior to production of financial statements
- Understand the fundamentals of the reconciliations production process
- Proactively resolve issues between Citco and broker/counterparty records by liaising with clients and third parties
- Perform internal control procedures as part of the compilation of auditable month-end signoff packages to support positions, trades and cash prior to handing off to other operational groups
- Understand financial instruments in order to verify correct security setups and ensure proper P&L capture and risk management reporting
- Collaborate with and share knowledge and best practices with peers
- Support the launch or conversion of any new business
- Maintain positive and professional relationships with clients and other Citco offices
- Contribute to the continuous improvement and enhancement of operational systems and associated controls and procedures
Qualifications About You:
- You have a Bachelor’s Degree or Community College Diploma focused on investments or accounting (an asset).
- Inquisitive mindset, strong problem solving skills and drive to learn
- Knowledge of, or an appetite to learn about, financial instruments such as Common Stock, Bonds, Options, Futures, Forwards, Swaps, and other products
- Experience working in a professional, deadline driven environment an asset
- Proficient in Microsoft Excel; experience with advanced formulas, data analysis, and macros an asset
- Good English communication skills
Our Benefits Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.
We embrace diversity, prioritizing the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection
About Citco
Our heritage, since founding a civil law notary practice in the 1940s to establishing the Curacao International Trust Company in the 1960s, is built on challenging paradigms and delivering exceptional service within the financial and professional services industry. Today, with more than 6,000 employees in 45 countries, we continue to pioneer award-winning services and technology solutions that meet ever changing markets.
A commitment to investing in people, and proprietary technologies, has resulted in our reputation as the industry's preeminent service provider, reassuring clients that their critical administration functions are in safe hands.
Our thought leadership and ability to quickly navigate complex change means our clients can depend on us as trusted advisors to make informed decisions in response to market conditions.
Our Divisions
Citco Fund Services & Investor Relations CFS is the global leader in services for the alternative investment industry. With over 2,000 funds under administration and net assets exceeding $840 billion, we provide full service fund administration, fund accounting, net asset value calculations, investor relations, and more.
Governance Services Leveraging our extensive global office network Citco Governance Services provides customised solutions, including corporate and global subsidiary governance, secretarial services, financial accounting and reporting, tax and audit liaison, and market entry services.
Banking, Depositary & Custody Services Citco Banks operate in strategic financial centres and provide Institutional and Fund of Funds clients access to the funds universe through multiple communication and online real-time global funds platforms.
Citco Technology Management Through our eight global development centres, Citco Technology Management provides secure infrastructures and develops award-winning technology products that underpin our commitment to service excellence.