Depositary Account Manager
Depositary Account Manager
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Job Description
About Citco
Citco is a global leader in fund services corporate governance and related asset services with staff across 80 offices 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
About the Team & Business Line:
Citco Bank provides fully integrated transaction deposit foreign exchange and credit facilities to our Fund Services and Governance Services clients. Operating in strategic global centers Citco Bank provides access to best of breed process and technology.
As a core member of our Depositary team you will work closely with internal stakeholders and cross-functional teams to provide international investment managers with a comprehensive custody and banking service to meet their alternative investment strategies.
Responsibilities
Your Role:
- Be the relationship owner for a group of clients (Private Equity and Real Estate Funds Fund of Hedge Funds and Single Manager Funds using Prime Brokers).
- Act as point of escalation for client issues operational issues and risk events.
- Responsible for fund on-boarding and risk assessments.
- Manage operational team performing cash flow monitoring investment and borrowing restriction checks oversight of administration and safekeeping of other asset.
- Prepare review and sign-off on all Depositary related work
- Interact with Group Compliance in relation to queries and the delivery of the compliance monitoring plan
- Participate in the on-site inspections of AIFM administrators and ongoing due diligence of sub-custodians.
- Enhance depositary procedures review programs and checklists as well as liaise with internal audit compliance risk and control teams.
- Provide departmental reporting to management through KPIs and participate in team development activities and ad-hoc projects
- Monitor the performance of the outsourcing providers against agreed (SLAs) and key performance indicators (KPIs).
- Attend client service meetings / board meetings.
- Assist with training development and motivation of the team to ensure a positive working environment.
Qualifications
About You:
- Third level business / finance / legal qualification and a minimum of 6 years operational experience in the alternative funds industry;
- You are experienced working with some of the following asset classes - private equity infrastructure debt or real estate investment funds;
- You are a strong team player with commitment to deliver outstanding client service;
- You display in depth knowledge of depositary duties and responsibilities;
- You are an experienced peoples manager;
- You have strong written and spoken English.
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.
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Required Experience:
Manager
Employment Type
Full-Time
