Fund Services Vice President

The Citco Group Limited; Hyderabad; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Diversity and inclusion initiatives

Flexible working arrangements

Training and educational support

Job summary

The Citco Group Limited is seeking a skilled professional for a Fund Administration role in Hyderabad, India. The position involves managing hedge fund client portfolios, analyzing fund performance, and ensuring compliance with audit timelines.

Ideal candidates should have 8-10 years of experience in the Financial Services sector and a degree in Accounting or Finance. Proficiency in Microsoft applications and strong interpersonal skills are essential for success in this dynamic environment.

Qualifications

• 8-10 years of experience in Financial Services with a high volume operational environment.
• Managing and/or leading employees for 5-7 years.

Responsibilities

• Perform administration of services for hedge fund clients.
• Review and sign-off on Net Asset Value calculations and financial statements.
• Coordinate strategic initiatives between teams.
• Develop and maintain strong relationships across departments.

Skills

Analytical skills

Problem-solving skills

Interpersonal skills

Communication skills

Proficiency in Microsoft Applications

Education

Degree in Accounting or Finance

Job description

Job Description

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front‑runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

About The Team & Business Line

Fund Administration is Citco’s core business, 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.

Responsibilities

Your Role

• Performing the administration of and any services pursuant to administration agreements in respect of a portfolio of hedge fund clients
• Review and sign‑off of Net Asset Value calculations, financial statements and associated reports
• Reviewing/Authorizing payments and other transactions
• Address and/or elevate all material issues affecting the NAV production process or client relationship in general to Senior Vice President in a detailed and timely manner
• Primary point of contact and escalation for the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, Tax services, etc.
• Valuation of hedge fund portfolio holdings
• Analysis of fund performance and prepare performance/PandL related reports
• Primary point of contact and escalation for KPIs and KRIs on the client deliverables of the team
• Coordination and oversight for all facets of COE pipeline – includes New Business, migrations, organic changes including liquidations and resignations; monitor and elevate ingestion and progress of new clients, fund launches and onboarding of existing clients
• Identify Employee/Training needs to efficiently manage pipeline; monitor requirements against actual while proactively engaging stakeholders to facilitate hiring and training requirements
• Work closely with COE and LO stakeholders to maximize client profitability; monitor and report on COE and LO resource management at client, individual and location level for Senior Management action
• Review and action on Operational MIS Reporting – reporting on Fund Operational Metrics, adherence to risk and best practice guidelines, turnover, productivity/efficiencies, to name a few
• Act as the senior representative, co‑ordinate strategic and operational initiatives between COE FA Management/SDG/Global project teams and the Local Project Coordinators (LPCs) within each location to achieve successful execution
• Develop and maintain strong relationships across CFS to effectively facilitate CFS COE FA strategies and goals

Qualifications

About You

• Degree qualified in Accounting or Finance related area and/or studying for a professional accounting qualification
• 8‑10 years of experience in Financial Services with high volume operational environment and/ or hedge fund industry
• Managing and/or leading employees for 5‑7 years
• Excellent analytical, problem‑solving skills with high degree of attention to detail
• Strong interpersonal and communication skills
• Proficient in Microsoft Applications (Word, Excel, PowerPoint etc.)

Our Benefits

Your wellbeing 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.