Operations Analyst, Middle Office

at  Citco

ABOUT CITCO:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

• 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 PandL 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.