Citco India | Fund Services.Senior Operations Analyst

Responsibilities

• Coordinate month-end collateral interest process between counter-parties.
• Monitor collateral positions and issue collateral margin calls on a daily basis.
• Prepare expense payments in Æxeo Treasury.
• Work with client in a professional manner to resolve any open issues.
• Reviewing vendor platforms (such as Omgeo CTM, Traiana, Markit Trade Manager), PB matching portals and recaps on Trade Date.
• Responsible for listed securities settlements via Prime Broker platforms, ensuring trades are pre-matched and subsequently settle on the market between the counterparty and PB.
• You will be responsible for the review, exception processing, break escalation/resolution and subsequent affirm/confirm of trade between the client and executing counterparty.
• Assist with training and development of junior members of the team.
• Assist with review of EOD reports for junior members of staff.
• Providing key assistance to Client Integration team and Connectivity regarding incoming file requirements to CFS and outgoing file requirements to vendor platforms.
• Produce regular MIS reports for Clients, Relationship Managers and Senior Management.

Requirements

• Knowledge of Hedge and Mutual Funds
• Strong customer service and analytical and problem solving skills
• Ability to learn new systems and source information from numerous systems
• Ability to work effectively in a team environment
• Strong computer skills, with proficiency in Excel and Word, and aptitude to learn new skills
• Ability to organize, prioritize tasks and work in a deadline-oriented environment
• Comfortable communicating with clients and counterparties via e-mail and phone
• Experience/exposure to a cash settlements role not essential but would be of benefit
• Experience/exposure to ISDA Bi-Lateral agreements and the collateral process not essential but would be of benefit
• Experience/exposure to financial instruments such as equities, bonds, equity swaps, FX, futures and OTC products not essential but would be of benefit.

Citco

Founded in 1948 by A.A.G. Smeets, Citco first worked for private clients and multinational companies in the years after the Second World War, and launched its fund administration business in 1968. The group, whose parent company is The Citco Group Limited, has been majority independently owned since its start. It now serves alternative asset managers, asset owners, investors, banks and corporates with fund administration, middle office, banking, tax and regulatory, corporate secretarial and entity management services. In India, Citco has offices in Mumbai (Powai), Pune (Kharadi) and Hyderabad, where its Center of Excellence was launched in 2021 and moved into a permanent office in Knowledge City in 2023.

Citco's finance roles in India, in Hyderabad, Mumbai and Pune, centre on fund services: fund accountants for hedge funds, private equity and real assets (including property accounting), financial reporting accountants and team leads, operations and risk analysts, and supervisors up to vice president. It also hires for its own corporate finance, such as general ledger, accounts payable, payroll and finance systems support, as well as corporate secretarial work and CMA Inter internships. Postings usually ask for a degree in accounting, finance or economics, and several name CA, CPA, ACCA, ACA, CIMA, CMA or CFA, or study towards one.

• Industry: Asset servicing for the alternative investment industry: fund administration, middle office, banking, tax and corporate services
• Headquarters: The Citco Group Limited, a privately held group with offices worldwide
• In India: Citco Shared Services (India) Private Limited (Powai, Mumbai) and Citco Group Services (India) LLP (Kharadi, Pune, with a branch in Knowledge City, Hyderabad)