Position 226-08 - Fort Lauderdale, United States - Citco

Citco

Verified Company

Fort Lauderdale, United States

3 hours ago

Posted by:

Mark Lane

beBee recruiter

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:

Will be part of the Reconciliation Support Team whose responsibility will be to manage all aspects for currently supported reconciliations commencing with ensuring all counterparty account requirements are addressed, sourcing data, inclusive of rec and statements, and addressing daily production support issues.
Will be responsible for requesting and following up on all data requests between parties, and insuring that all needed information is obtained on a timely basis.
Support all reconciliation systems
Effectively build and maintain strong working relationships between CFS and Prime Brokers, Counterparties and Banks
Collectively with the Reconciliation Support team, be responsible for ensuring that data/file/statements delivery is established and is flowing as expected when new interfaces are implemented or new clients go live
Based on requests from Internal Operations and Integration Staff, manage onboarding onto the reconciliation tools
Work collaboratively with the Strategic Reconciliation Team to establish expected delivery dates and effectively manage expectations with internal operations staff
Work collaboratively with the Data Management team to effectively hand off data files and statements that require monitoring for all reconciliation tools; this should include transferring knowledge of all auxiliary processes that require monitoring to ensure data successfully interfaces to the reconciliation tools e.g., replication
Act as the escalation point for all reconciliation issues where data content discrepancies are encountered; assist when external interaction is necessary
Ensure that any reconciliation or broker data issues that are raised are addressed timely
Act as a point person when dealing with Internal Operations and Integration Staff in automation of data feeds for clients
Assist management to evolve and enhance set processes and procedures
Possess superior knowledge of tasks and responsibilities to execute Analyst role
Coach analyst/junior level staff.
Take a proactive approach to solving issues, display initiative and good example by contributing ideas for increased efficiencies and/or automation of the various support procedures
Liaise with counterparties where data (on files or statements) delivered is not accurate or incomplete; where necessary, undertake small mapping tweaks to address reconciliation data issues
Proactively work with counterparties to obtain new files/statements according to new industry standard and/or internal requirements
Liaise with counterparties on delivering (on files or statements) data as early as possible
Act as the point person for testing development items for reconciliation tools after IT signoff for production release
Participate in POCs to evaluate improvements to reconciliation tools

About You:

Degree qualified in an IT/Business related discipline
Bachelor's Degree in Accounting, Finance, Economics, Computer Science or relevant field.
Business Analyst experience
Strong understanding of financial products and strategies that a hedge fund might use
Possess excellent communication skills
Ability to give guidance and lead more junior members of the reconciliation team
Good problem solving skills. You are required to research problems reported by operations teams to determine if an actual problem exists or if additional training is required. When actual problem exists, you need to recommend a workaround until an actual fix to the problem is implemented.
Ability to explain technical concepts to users in terms that can be easily understood
Experience working with data files
General knowledge of databases or experience using SQL Server (T-SQL) and/or Oracle
Hedge fund operations experience, preferably with cash reconciliation
Financial product knowledge, Domestic, Global and OTC security marke