Job Description

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.

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.

Your Role:

• Be part of a Client Service team for several mid-sized relationships (7-8).
• Assist with pricing models and fee proposals for new funds launches, expanded/additional services and fee restructuring (as needed to maintain appropriate Gross Margin).
• Assist with Business Change Log (BCL) for new clients/funds.
• Update CRM system weekly with business relevant client activities, make necessary updates to client and Citco information.
• Assist with presenting Citco developments, system updates and product enhancements covering Real Assets to clients.
• Be a point of escalation where Fund Accounting, Investor Relations or Ancillary deliverables are at risk of being delivered late or incomplete, manage expectations and communication with client and internal management, confirming the issue, proposed resolution and timeline for closure, ensuring that all parties remain updated until resolved.
• Manage on-going client change requests (CCR). Review request, discuss with Client Service SVP to determine next steps.
• Attend the weekly client service calls.
• Assist with the preparation of quarter service calls with Citco teams and client.
• Assist with client requested DDQ programs, as needed.
• Attend the in-person annual client strategy meeting
• Relationship Management attending clients to Citco events
• Provide real estate industry knowledge and expertise to clients, Business Development, Global Relationship Managers and Senior Management teams on sales pitches and client presentations.
• Maintaining strong relationships across Citco Lines of Business (LOB) to ensure cross selling opportunities are reviewed. To the extent clients are a shared LOB client, establish recurring internal meetings to share information and feedback.
• In depth knowledge of full service offering across Ancillary services. Assist with service issues inclusive of billing/revenue.
• Assist with documenting risk events and create actions to quickly solve and recommend risk mitigation steps.
• Monitor and ultimately achieve the ability for clients to be a reference.
• Assist with Annual Budget planning of revenue for existing and new funds.
• Review and sign off on weekly hours recorded by all Citco teams for each client/fund to ensure cost is complete and correct.
• Quarterly gross margin analysis for clients/funds. If margin is not met, assist with a business plan (actions and timeline) to improve results.
• Approve all accrued revenue monthly in corporate system by client/funds.
• Approve billing before release to clients.
• Collection of client/fund accounts receivable and, as appropriate, work with the client to ensure prompt settlement within agreed terms.
• Ensure internal policies are followed including travel, risk, internal controls, corporate governance/policies.
• Work with Citco operations to understand any new or changed policies and procedures.
• Ensure progress is monitored for SOC 1 program. Receive requests for SOC 1 reports and ensure delivery is made to clients (as requested).
  

About You:

• Degree in Business Administration, Accounting, Finance or related discipline with 10+ years of experience including real estate; including at least 5 years of Client Service Management Experience.
• Strong knowledge of real estate and/or private equity fund structures, fund types, and asset operations, familiarity with investment accounting rules and standards, and a keen understanding of applicable tax reporting and regulatory requirements within North America.
• Experience in developing, implementing, optimizing business processes in the real estate investments funds space.
• Strong management skills and experience overseeing client relationships from an operating perspective.
• Problem solver, positive attitude, be curious as to how processes can be improved.
• Resilient personality.
• Strong negotiation and influencing skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel, Word, Power Point.
  

Salary Range: USD$ 147,000 - 220,000

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.