Department: Loan Operations
Company OverviewCitco 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 Amsterdam, Bahamas, Bermuda, Cayman Islands, Cork, Curacao, Dublin, Halifax, London, Luxembourg, Malvern, Miami, New York/New Jersey, Toronto, San Francisco, Singapore and Sydney.
We offer a complete range of accounting, middle office, tax, and corporate services to hedge funds and their shareholders.Position Purpose
This is an analytical and multi-tasking role that requires the team member to be able to analyze and process bank loans and P&L, and to effectively communicate to clients and counterparties. This role requires the team member to understand complex product types and different trading strategies across their clients' portfolios.
Main Job Functions/Responsibilities
Engage in daily bank loan activity and security maintenance.
Review and instruction of rollover of maturing contracts, set new rates, book principal paydowns, borrowings, settle trades
Maintain daily work-flow while adhering to set deadlines.
Analyze hedge fund P&L, as well as pricing and trading discrepancies, following queried from Fund Accounting
Analyze reconciliations of bank loan positions and cash with external and internal sources.
Interact effectively with team members, Cash Operations, Accounting, Valuations and P&L, trade processing, other supporting department(s) and external venders to resolve issues pertaining to bank loans.
Actively work with multiple departments across the firm to drive results and deliverables to deliver monthly/quarterly NAVs and P & Ls
Contribute to implementation of procedural enhancements to improve daily tasks and reconciliation processes.
Respond to ad hoc client queries/requests
Education, Qualifications and Experience
Bachelors Degree in Accounting, Finance, Economics or other related subjects with a minimum of 0-2 years of related financial experience.
Desirable Product Knowledge: Primary & Secondary Syndicated Bank Loans (Par & Distressed) as well as Total Return Swaps and financing facilities.
Strong analytical, attention to detail and problem solving skills.
Committed team player with excellent communication and interpersonal skills.
Detail focused with the ability to multi-task.
Ability to learn new applications and source information from numerous systems.
Ability to work effectively in a team environment.
Ability to organize and prioritize tasks, and to work in a deadline-focused organization.
Flexible, adaptive, professional style - capable of working in a fast paced, dynamic environment.
Strong computer skills, in particular with Excel and Word, and aptitude to learn new skills.
Business & Commercial Acumen
Quality & Risk Management
Client Relationship Management
Developing Working Relationships
Coaching & Developing Others
Organization & Resource Management
Drive for Results
We offer you: a challenging job in an international company. There is the opportunity to expand your business knowledge with excellent prospects for a further international career in one of our worldwide offices. We also offer a competitive benefit package including 100% paid medical and dental, a minimum of 3 weeks vacation and a generous compensation package.
We are an equal opportunity employer
NOTE: This job description is not intended to be all-inclusive. Employees may perform other related duties to meet the ongoing needs of the organization.