Reconciliations Operations Analyst
The Citco Group Limited
Muntinlupa City, Philippines
4d ago

About Citco

Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide.

With over 6,000 employees in 45 countries we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service.

Our continuous investment in learning means our people are among the best in the industry. And our corporate social responsibility programs provide meaningful and fulfilling work in the community.

A career at Citco isn’t just a job it’s an opportunity to excel in an environment that genuinely supports your personal and professional development.

ROLE PROFILEAs an Operations Analyst 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.

PROFESSIONAL EXPERIENCEA successful Operations Analyst will have had the opportunity to achieve the following over a period of time in the role. Accomplishments :

  • Responded independently and professionally to queries directly from other departments within Citco.
  • Researched and resolved complex instrument specific and system related issues impacting daily delivery.
  • Produced high quality and detailed final product to internal groups. Met tight deadlines in a high pressure environment while remaining focused and calm.
  • Utilized instrument specific knowledge to identify and resolve issues and discrepancies for internal escalation and reporting.
  • Consistently met Service Level Agreements and identified potential breaches.
  • Supported migration of existing clients from local Citco offices into Manila.
  • Learned the workflow of financial instruments in relation to the balance sheet.
  • Completed classroom training on the different financial instruments.
  • Built on theoretical knowledge of financial instruments to understand how major prime brokerage firms such as JP Morgan, Goldman Sachs, Morgan Stanley deal with events in the market.
  • Worked with teammates to accomplish common goals such as meeting Service Level Agreements and reporting requirements across multiple clients.
  • Trained new employees on processes and daily and monthly requirements.
  • Completed fund or team-related project work in addition to core deliverables.
  • Learned the purpose of controls checks and ran macros to capture and escalate issues.
  • Identified process improvements to reduce risk.
  • Identified and escalated non-standard tasks to Supervisor and Manager.
  • Adapted to a dynamic environment, and applied knowledge in new situations such as team allocation and system changes.
  • About You :

  • Bachelor degree in accounting, finance, economics, or relevant field;
  • Ideal candidate has a good understanding of financial products and strategies that a hedge fund might use.
  • Must possess excellent communication skills.
  • Good problem solving skills.
  • Experience working with data files is a must.
  • Hedge fund operations experience, preferably with cash reconciliation;
  • Financial product knowledge, Domestic, Global and OTC security markets, Fixed Income and derivative product knowledge is an advantage
  • What We Offer :

  • A challenging and rewarding role in an award-winning global business.
  • Opportunities for personal and professional career development.
  • Great working environment, competitive salary and benefits, and opportunities for educational support.
  • Be part of an industry leading global team, renowned for excellence.
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