EVP - Custody Services

The Citco Group Limited; Cork; On-site; EUR 120,000 - 180,000; Full time

Benefits offered by this job

Flexible working arrangements

Training & education support

Job summary

The Citco Group Limited is seeking a senior leader to head Custody Operations within Fund Administration and Custody. You will report to the Head of Custody Operations and oversee global teams, ensure service levels, client deliverables, and onboarding initiatives.

You will drive risk management, KPI reporting, SLA management, and recruitment, with focus on strategic planning, budgeting, and staff development across SVPs to managers.

Qualifications

• 15+ years’ experience working at a fund administrator specializing in hedge funds and fund of funds.
• Strong leadership and supervisory experience.
• Negotiation, business planning and budgeting skills.
• Proven project management ability with attention to detail and multitasking.
• Excellent communication skills.
• Degree in Accounting or related field; CPA designation advantageous.

Responsibilities

• Report into the Head of Custody Operations and oversee daily operations of global teams.
• Review and support new client mandates, including RFP analysis and custody input.
• Represent Custody in new business pitches, mandate meetings, and client presentations.
• Perform resourcing forecasts to support onboarding and growth initiatives.
• Lead and coach staff including SVPs, VPs, Managers, and Supervisors.
• Establish client communication matrix and ensure channels are in place.
• Establish, manage and monitor client SLAs and KPI reporting.
• Support onboarding with integration team for new clients.

Skills

Leadership

Supervisory experience

Negotiation

Budgeting

Project management

Communication

Education

Accounting degree

CPA designation (advantage)

Job description

JOB DESCRIPTION

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 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

Fund Administration and Custody are Citco’s core business within the Fund of Funds Operations, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience. As a core member of our Custody Services team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.

Responsibilities

Your Role:

• You will report into the Head of Custody Operations


• Review and support new client mandates, including RFP analysis, response completion, and custody-specific input.


• Represent Custody in new business pitches, mandate meetings, and client presentations.


• Perform FTE and resource forecasting to support new client onboarding and business growth initiatives.


• Overall leadership and coaching of staff including SVPs, VPs, Managers, Supervisors and their direct reports.


• Oversee the daily operations of the global teams and provide support and guidance in accomplishing department goals, service levels and client deliverables


• Oversee recruitment, staff assessment and capacity planning


• Communication is key – we expect you to establish client communication matrix to ensure appropriate channels are in place (periodic health checks etc.).


• You will establish, manage & monitor client SLA’s and generate MIS KPI reporting for internal and external consumption.


• You will be working on new client on boarding alongside our integration team to establish plan for new client setup and transitions.


• You will collaborate with internal functional groups including Bank Management.


• Undertake ongoing and ad-hoc operational reviews, participate in global policy decisions, lead workshops to establish and modify operational workflows.


• Review performance reports and dashboards across teams to ensure targets are met.


• Develop, maintain and validate department operational procedures and guidelines.


• Create an environment of co-operation and initiative through appropriate delegation, empowerment, training and motivation.


• Anticipate and resolve work concerns and exercise sound judgment to make appropriate adjustments as necessary.


• Contribute to the roll out and success of the Global processing initiative, working closely with colleagues in multiple locations globally.


• You will be responsible for Risk Management by conducting CRA’s where appropriate.

Qualifications

About You:

• You have 15+ years’ experience working at a fund administrator specializing in hedge funds and fund of funds.


• You have strong leadership skills and supervisory experience of other professionals.


• You are great in negotiation, business planning and budgeting, margin analysis


• You can demonstrate your project management skills with attention to detail and prove the ability to multi-task.


• You are great communicator.


• You hold a degree in Accounting or related field, CPA designation would be an advantage.

Our Benefits

• 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 recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.