Job Title: Operations Specialist
Citco Division: Citco Fund Services

Citco Fund Services is a division of the Citco Group of Companies and is the largest independent administrator of Hedge Funds in the world with offices in Curacao, Amsterdam, Dublin, London, Luxembourg, Miami, New York, Toronto, Halifax, Cayman Islands, the British Virgin Islands, the Bahamas, Bermuda, San Francisco and Sydney. The division provides full service administration, which consist of advice on the set-up and structuring of a fund, legal and corporate services, investor relations, accounting and net asset value calculation and transfer agency services, to over 2,100 Hedge Funds for multinational banks and international Investment Managers, totaling over $500 billion in net assets.

Description: The Operations Specialist is responsible for meeting the daily deliverables of the client and other Citco office's Service Level Agreement. The Operations Specialist will require a comprehensive understanding of trading, positions and cash reconciliation processes with prime brokers and counterparties.   The successful candidate will have the ability to follow processes and have a fundamental understanding of complex financial instruments.

Your most important tasks and responsibilities are:

Note:  This job description is not intended to be all-inclusive. The Employee may perform other related duties to meet the ongoing needs of the organization.

• Production of daily operational deliverables in line with client/ other Citco Offices service level agreements.
• Preparing daily trades,  position and cash reconciliation
• Monitor and analyze daily portfolio pricing
• Break resolution for all open items with the brokers or clients
• Verify Security Master set up to ensure proper P&L capture and risk management reporting
• Review of  OTC master agreements and confirmations
• Support the conversion of any new clients or existing migrations
• Work with Business Analyst on daily basis on any open issues per client.
• Work with clients/ other Citco Offices and Operations Support to resolve any open issues.
• Assist in verifying test results for all in house system enhancements

You will have the following background and competences:

• Bachelor or master level degree in accounting, finance, economics
• 1+ Years in Financial Services with an exposure to P&L Reporting or Operations  processing an asset
• Some product knowledge, Domestic, Global and OTC security markets, Fixed Income and derivative product knowledge
• Strong Customer Relationship skills
• Knowledge of Hedge or Mutual Funds

We offer you: a challenging job in a rapidly expanding international company, with an informal company culture. There is the opportunity to expand your knowledge with excellent prospects for a further international career in one of our worldwide offices.

If you are interested in this opportunity, please send a resume and cover letter stating salary expectations, via email to: hrhfxcanada@citco.com. Please cite competition number OS0708-CB.