About Citco
Citco is a global leader in fund services, corporate governance and related asset services with staff across 50 office locations worldwide. With more than $2 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.
For more information about Citco, please visit www.citco.com.
About the Team & Business Line
Citco Bank provides fully integrated transaction, deposit, foreign exchange and credit facilities to our Fund Services and Governance Services clients. Operating in strategic global centers Citco Bank provides access to best of breed process and technology.
As a member of our Depositary team, you will work closely with internal stakeholders and cross-functional teams to provide international investment managers with comprehensive custody and banking services to meet their alternative investment strategies.
Your Role:
- Establish and maintain appropriate control environments to ensure fulfilment of depositary obligations.
- Ensure adherence to all policies & procedures.
- Supervise all cash flow monitoring related matters of the Depositary Department.
- Liaise with other departments to ensure error/breaches are recorded and resolved in a timely manner, as well as ensure prompt escalation to management of any issues.
- Work with clients to resolve queries and escalate any issues, building client relationships.
- Provide weekly departmental reporting to management, as well as assist in the preparation of quarterly board reports.
- Assist with compilation of material for SOC testing, reviews and annual audit.
- Assist with training, development and motivation of the team to ensure a positive working environment.
- You will have the opportunity to Identify and propose procedural enhancements, as well as assist in the implementation of process improvement initiatives for efficiency.
About You:
- Qualification in Business, Finance, Law, or a related discipline.
- Minimum of 3–5 years of experience in depositary services within the funds industry.
- Demonstrate knowledge of Real Estate, Infrastructure, Loan funds, Fund-of-funds, Private Equity and their operational requirements.
- Proven experience in supervising and motivating a team, fostering a positive working environment.
- Strong knowledge of depositary obligations and investment compliance.
- Solid understanding of regulatory frameworks, policies, and procedures within the funds industry.
- Excellent communication and interpersonal skills, with the ability to liaise effectively across departments and manage client relationships.
- Experience in preparing management and board-level reports, with the ability to identify, escalate, and resolve errors or breaches in a timely manner.
Salary Ranges
2660 - 3580 EUR GROSS
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.
Skills Required
- Qualification in Business, Finance, Law, or a related discipline
- 3–5 years of experience in depositary services within the funds industry
- Knowledge of Real Estate, Infrastructure, Loan funds, Fund-of-funds, and Private Equity operational requirements
- Experience supervising and motivating a team
- Strong knowledge of depositary obligations and investment compliance
- Understanding of regulatory frameworks, policies, and procedures within the funds industry
- Excellent communication and interpersonal skills
- Ability to manage client relationships and liaise across departments
- Experience preparing management and board-level reports
- Ability to identify, escalate, and resolve errors or breaches
What We Do
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.
