Job DescriptionResponsibilitiesYour Role: - Prepare Daily Flash Profit & Loss for clients (Hedge Funds, Private Equity, hybrid structures) that trade various securities including fixed income, equities, commodities, FX, bank debt and listed and complex derivatives product types.
- Analyze various portfolios that are traded on a daily basis applying different trading strategies and understanding the pricing of listed and complex derivatives product types.
- Analyze daily price variances and P&L movements and explain these changes to clients
- Verify prices at month end that include listed and OTC securities with varying degrees of complexity
- Review and analyze monthly changes in P&L and Price Variances
- Understand and explain the P&L effects of open items with the clients
- Analyze P&L effects due to the processing of corporate actions for daily and monthly clients
- Work with Operations and Back Office Analysts within Citco on any open issues
- Work with Citco's Risk Group and Citco's Market Data Group to ensure proper P&L capture and risk management reporting
- Oversight and preparation of complex 'Net Asset Value (NAV) calculations and investor P&L allocations in accordance with Service level agreements and internal controls
- You will form part of a professional team responsible for maintaining the books and records of the funds and preparing fund financial reports and investor allocations.
- Work with all team members to improve product quality and consistency
- Train and support team members in their development
- Maintain detailed knowledge of investment process and products to effectively respond to Investment Manager queries
- Act as liaison with various internal/external parties - e.g., Auditors, Brokers, and Investment Manager
- Act as a contact point for clients; able to respond to and resolve queries or escalate where necessary. Coordinate with other internal Citco teams on client ad-hoc requests.
- Collaborate with team on projects and initiatives. Assume leadership of various Citco initiatives and manage user testing, case analysis and implementation into procedure workflow.
- Optimize and enhance existing workflows and production tools, analyze gaps, improve process flows, enhance Excel and Access capabilities. AI savvy a plus.
QualificationsAbout You:- 3-5 Years in Financial Services with an exposure to P&L Reporting and analyzing portfolio P&L
- BS or BA in Accounting/Finance/Economics
- Strong financial product knowledge; both Domestic and Global security markets
- Knowledge of fixed income/derivative products, financial models a plus
- Exposure to Price Verification techniques using independent sources
- Excellent written and verbal communication skills a must
- Demonstrated financial reporting, analytical and organizational skills
- Strong Customer Relationship skills
- Knowledge of Hedge Funds, private equity
- Strong understanding of Excel and Outlook
- Certified Financial Analyst (CFA), Certified Public Accountant (CPA) or Master's Degree in Accounting/Finance/Economics is preferred
- Proven ability to work in a challenging and professional work environment
- Flexibility, adaptability, able to solve problems independently
Our BenefitsYour well-being is of paramount importance and central to our success here at Citco. Citco offers a comprehensive and competitive total rewards package to support your career success and personal needs. Your base salary will be determined by several factors such as the role, experience, skillset, market conditions, etc. Furthermore, qualifying positions can participate in an annual discretionary bonus pool based on company profitability and individual contributions. Our comprehensive benefits package includes medical, dental, and vision coverage, short and long-term disability benefits, a retirement savings plan, tuition reimbursement, mental health and wellness support, parental leave, and more. Additional details about our total rewards package will be shared during the hiring process.
Please note that this job description is not intended to be all-inclusive. Our employees may perform other job-related duties as needed to meet the ongoing needs of our organization.
