Hedge Fund Intern
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Job Location:
Jersey, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
About Citco:
The market leader. The premier provider. The best in thebusiness. At Citco weve been the front-runner in our field since ourincorporation in 1948 led to the evolution of the asset servicing sectoritself. This pioneering spirit continues to guide us today as we innovate andexpand push beyond the boundaries of our industry and shape its future. Fromworking exclusively with hedge funds to serving all alternatives corporationsand private clients our organization has grown immensely across asset classesand geographies. For us this progress is a pattern that well only maintain aswe move forward always prioritizing our performance. So for those who want toplay at the top of their game and be at the vanguard of their space we say:Welcome to Citco.
About the Team & Business Line:
Fund Administration is Citcos core business and ouralternative asset and accounting service is one of the industrys mostrespected. Our continuous investment in learning and technology solutions meansour people are equipped to deliver a seamless client experience.
Responsibilities
Your Role:
- You will prepare periodical financial reporting for the Hedge Funds including the determination of Net Asset Value and prepare the Statement of Asset and Liabilities and Profit and Loss Statement.
- Execute the financial control elements covering assets liabilities income and expenses and equity
- Independently complete cash portfolio and capital reconciliations and investigate and resolve any discrepancies
- Independently complete income and expense allocations including calculating asset based and performance fees
- Maintain contact with Investment Managers Banks Custodians and Brokers
- Monitor compliance with various client service agreements
- Assist with new client onboarding and new fund launches to successful completion.
- Participate in the fiscal year end audit process and provide information to auditors as required
- Liaise with internal and external parties to ensure that client needs are met
- Assist with ad hoc projects
Qualifications
About You:
- You have excellent verbal and written communication skills.
- Ability to multi-task while applying a keen attention to detail
- Proficient with Microsoft Office (especially Excel) and Outlook
- Proven ability to work in a challenging professional and fast-paced environment
- Strong time management abilities with a proven ability to work as part of a successful team
- Experience working in the financial industry or public accounting is an advantage
Our Benefits
Your well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role experience skillset market conditions etc. Furthermore qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical dental and vision coverage short and long-term disability benefits a retirement savings plan tuition reimbursement mental health and wellness support parental leave and more. Additional details about our total rewards package will be shared during the hiring process.
At Citco we take pride in fostering an inclusive culture by prioritizing the hiring of people from diverse backgrounds. Our culture is a source of pride and strength fostering innovation mutual respect and collaboration. We warmly welcome and encourage applications from people with disabilities. If you require any accommodations to make our recruitment process more accessible for you please let your recruiter know.
As an equal opportunity employer Citco adheres to making all employment and personnel decisions without discriminating based on race color creed religion sex physical disability mental disability age marital status sexual orientation citizenship status national or ethnic origin or any other protected status. We believe that an inclusive workforce not only enriches our company but also drives us towards greater success.
Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.
Required Experience:
Intern
About Company
At Citco, we don't just provide bespoke solutions and better results. We’re a true partner dedicated to developing rich, long-term relationships through gold standard services.
