Job Highlights Outstanding career development opportunities Personal mentoring from the top management
A position which can influence the future direction of the firm
Job Description
The CITCO Group of Companies is a worldwide group of independent financial service providers serving the world?s elite hedge funds, private equity and real estate firms, institutional banks, global companies and high net worth individuals.
CITCO companies service these sectors around the world by offering hedge fund administration, custody and fund trading, financial products and corporate and trust planning solutions.
CITCO Fund Services is a division of the Citco Group of Companies and is the largest independent administrator of hedge funds in the world. CITCO offer a complete range of accounting, middle office administration, shareholder and corporate services to hedge funds and collective investment schemes.
CITCO International Support Services Limited ? Philippine ROHQ has been operating successfully since January 2013.? The Funds division is tasked with supporting Citco Fund Services in maintaining market leadership in hedge fund administration through supporting CFS?s Investor Relations Teams and Fund Accounting Teams globally.
We offer
A challenging job in an international company. There is the opportunity to expand your business knowledge with excellent prospects for a further international career in one of our worldwide offices. We also offer a competitive benefits package, a minimum of 3 weeks? vacation and a generous compensation package.
The person will completely have a freedom to speak out, contribute, and be acknowledged new ideas for. It could be with the work process, improvement, team collaboration, etc.
Opportunity to work with global systems, customers from throughout the Philippines and colleagues from different sites/regions/countries. Employees in general have the opportunity to shape their own career by achieving expertise and learning on the job.
Position Overview
As a Manager, you are part of a large global Middle Office Reconciliations team. Manila is one of four priority locations for the Reconciliation Production (Rec Prod). The Rec Prod team focuses primarily on the daily reconciliation of all Citco clients trading activity across all financial products. This also includes other primary functions such as Corporate Actions processing, Dividend Reconciliations and Product Control for OTC instruments.
The Rec Prod primary function is to accurately complete daily reconciliations in line with Service Level Agreements. This consists of producing daily cash and position reconciliations with full break investigation of client transactions to third party data, to ensure the integrity and accuracy of all records. The ultimate result is to ensure that any residual risk is captured, escalated and signed off prior to production of the financial Net Asset Value statements.
Job Responsinilities
You will lead?a team of Operations Analysts and Senior Operations Analysts to complete daily reconciliation work. Ensured SLAs were met, assessed work allocations and made amendments based on capacity/tenure to increase efficiency of overall team.
You will perform and review daily and monthly reconciliations completed by Operations Analysts and Senior Operations Analysts, and provided constructive feedback and coaching on processes and quality.
You will support migration of existing clients from local Citco offices into Manila.
You will coordinate with other Citco office to standardize tasks.
You will deal?with challenging situations with support of manager and VP.
You will contribute to team development by coaching, developing, and enabling Operations Analysts and Senior Operations Analysts to take on more responsibilities in addition to core tasks.
You will utilize work allocations as a tool to ensure timely and accurate delivery of reconciliations.
You will participate in performance reviews. Prepared written comments for final appraisals as well as delivering feedback to employees.
You will identify training opportunities for employees within the team.
You will act?in the Manager capacity during manager absences.
You will deal?with and resolved complex issues.
You will build relationships with multiple support groups for system issue resolution and trouble shooting.
You will participate in department initiatives to reduce risk; tested Recon Tools improvements; supported procedural updates while ensuring the team is provided adequate training on changes.
You will work with Manager to create efficiencies to decrease FTE requirements within the team.
You will work alongside the Manager to establish and accomplish team goals.
Required Skills
Team and Workload Management
Problem Solving
Critical Thinking
Collaboration and Teamwork
Communication
Coaching, Feedback, and Staff Development
Risk Management
Reconciliations Software Proficiency
Financial instrument knowledge
Knowledge and Troubleshooting of Reconciliations data flow
Project Management
Adaptability
Training Opportunities
Supervisor Roadmap
Monthly Coaching and Feedback
On-the-Job Training
Career Rewards
Detailed insight into Market Financial Trading Products
Progressive career advancement
Top Remuneration Package
Educational Background and Skills
Candidate must possess at least a Bachelor's/College Degree, Post Graduate Diploma / Master's Degree, Professional License (Passed Board/Bar/Professional License Exam), Post Graduate Diploma / Master's Degree, Economics, Finance/Accountancy/Banking, Business Studies/Administration/Management, Mathematics or equivalent.
Required skill(s): daily reconciliation, Cash and position reconciliation.
At least 5 year(s) of working experience in the related field is required for this position.
Preferably Manager / 5 Yrs.? & Up Experienced Employees specializing in Banking/Financial Services or equivalent.
Willing to work on Mid Shift (1PM to 10 PM) and on extended hours (if needed)
Will be position in Alabang, Muntinlupa City
