The Citco Group Limited

Vice President, Fund Accounting - Institutional Services

The Citco Group Limited  •  $115k/yr  •  Toronto, CA (Onsite)  •  4 months ago
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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:


Reporting to a Senior Vice President of the Institutional Services team, this is a role that requires proactive client relationship management for a portfolio of asset managers, endowments and single and multi-family offices that invest in a multi-asset book of business.


As the Vice President, Institutional Services, you are expected to understand and meet the needs of clients by ensuring service deliverables are met in a timely fashion. It is important to create and nurture long term relationships with clients and work with core and ancillary service teams both locally and globally to ensure service levels are optimum.


  • Establish professional relationships with clients and other key internal/external parties as required.

  • Drive strategic communication with clients and negotiate service level agreements (SLA)

  • Understand and communicate clients’ requests with various Citco business functions, operational and support teams to promote effective internal communication

  • Develop a broad understanding of Citco business lines and associated product/service propositions

  • Understand the industry and regulatory environment and be sensitive to industry change and business trends, identifying new areas of growth

  • Participate and assist with RFP documentation completion and facilitate presentation and demos to prospective clients

  • Strong knowledge of multi-asset portfolios inclusive of fund investments

  • Good grasp of Citco’s various technology platforms or the ability to learn quickly

  • Familiar with duties and workflow of the various functional groups that is involved with providing administration to a multi-asset portfolio

  • Identify opportunities to expand existing relationship by cross-selling additional Citco products/services; drive the coordination of new client integrations and existing client launches

  • Participate and lead projects in connection with the continuing evolution of the business

  • Monitor and manage client SLAs and operational deliverables

  • Review client profitability and accounts receivables and address negative trends

  • Work closely with the Operations team to identify opportunities for process improvements and system development with the aim of minimizing operational risk and improving efficiencies

  • Review risk logs and support, coordinate and communicate incident resolution as necessary

  • Lead operational due diligence reviews and client visits

  • Compile periodic board reports, Key Performance Indicators (KPIs) and scorecards for clients; carry out periodic risk assessments and peer reviews of clients

  • Actively maintain client status, commentary and client updates in internal CRM tools

  • Provide training and supervision to Managers on the Client Services team

About You:

  • University degree in a relevant discipline with 7+ years related work experience in the financial services industry, preferably within a hedge fund administrator and/or investment company.
  • 2+ years formal people management/leadership experience
  • Proven interest in the financial markets and hedge fund industry
  • Demonstrated leadership experience coupled with superior communication skills
  • Highly analytical with strong attributes on business processes, accounting and allocation systems
  • Proficiency in Microsoft Office (advanced Excel and PowerPoint) and Outlook

Salary Range: CAD $115,000 - 155,000

  • This position is not for an existing vacancy; we are building a candidate pool for future opportunities.

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.

The Citco Group Limited

About The Citco Group Limited

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, 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.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Grand Cayman, KY
Year Founded
Unknown
Website
citco.com
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