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.
About the Role:
As a Custody Associate, you will work towards the smooth running of the custody team to achieve high standards of productivity, quality and morale within the department. If assigned to one of the client teams, the custody associate’s job will require them to work closely in four key areas: Corporate Actions, Reconciliations, Settlements and Pricing, and Data Gathering.
Job Duties in Brief:
Process outgoing payments for fund activity, execute trades and transfer settlements
Responsible for processing corporate action share and cash events promptly and accurately
Identify reconciliation breaks and instruct the proper department on the corrective action to be taken
Validate the statements and prices relating to external positions, and rectify any resulting errors
Process incoming transfer requests from clients and respond to all related internal and client related queries
Assist with User Acceptance Testing, as and when required and liaise with Business/QA Analysts
Assist and support supervisors on new fund setups and migrations across existing and new clients
Ensure that EOD checks are completed on a daily basis
Control and authorize all processing work completed on our custody systems including, but not limited to, share and cash bookings, client trades, pending prices, and contract note matching
Must have completed a University degree or College diploma
Must have 1-3 years’ experience within the financial services industry ideally in operations / back office environment
A good understanding of Financial Markets/Funds Business is an asset
Previous custody/transfer agency experience working with another administrator is an asset
Proficient knowledge of Microsoft office applications
Strong communication skills, both verbal and written, including presentation skills
Strong interpersonal and relationship building skillss
Strong planning and time management/prioritization skills
Sound judgment and quick thinking must be exercised to ensure risk reduction associated with trade processing
Strong organizational skills and attention to detail
Ability to work independently and also to liaise with other Citco departments
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
Citco welcomes and encourages applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.