Risk and Control Analyst

About Citco

For over 70 years the Citco Group of Companies ("Citco") has provided specialist financial services to the alternative investment industry (e.g., Hedge Funds, Private Equity Fund, Real Estate Funds, etc.), investors, multinationals and private clients worldwide. With over $1 trillion in assets under administration, and 10,000 employees in 60 countries, we pioneer innovative solutions that meet our clients' evolving needs, and deliver exceptional service. As a highly-respected name in our industry, Citco is known as both a high-quality service provider and a forward-thinking partner. The founding family still runs Citco and the company continues to provide a broad range of financial services to our clients worldwide. True to our founding principles, we tailor our solutions to our clients' needs, continually investing in our people and systems to deliver the highest-quality solutions.

The Risk and Control Group ('R&C') is a group-level, global team, responsible for fostering risk and control awareness across all divisions within the Citco Group of Companies. The R&C strategy is to support the organization in implementing a robust risk management and control framework globally across all lines of business.

About the Role:

Citco Banking Services ("CBS" or the "Bank") is looking for an Outsourcing Management Support (OMS) team member who will assist the Global Outsourcing Management team in further implementing, executing and embedding the outsourcing framework. The OMS staff will work closely with Outsourcing Managers to make sure all required evidence for adherence to the outsourcing regulations are captured in the systems. The OMS team is a new team which means not all steps in the process are defined yet. OMS staff need to have the capacity to support the Outsourcing Managers with ideas how to improve.

The OMS staff is part of the Risk & Control team and located in Manila.

Main Duties/Responsibilities

As part of your main duties and responsibilities, you will (not exhaustive):

• Make sure the data in the Outsourcing register in Centrl is entered complete and correct.
• Capture Risk Assessment (RA) in Centrl or Camms.
• Capture Critically Assessment (CA) in Centrl.
• Send out initial Due Diligence request via Camms to service providers.
• Maintain the different templates in Centrl.
• Maintain user access process in Centrl.
• Create the basis for the Quarterly Outsourcing report.
• Create and maintain the schedule for RA/CA and Due Diligence reviews.
• Manage the yearly review process for RA/CA for existing agreement.
• Collate the KPI's and create a reportable format.
• Maintain the review cycle of the work instructions.
• Own work instructions where applicable.

About You:

• The candidate must have a Bachelor's degree in Accountancy or related field from an accredited college / university.
• A recognized professional qualification such as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA) and / or equivalent level within Risk Management is desirable.
• Minimum one year experience of working in an external audit firm or a progressive risk management / assurance / internal controls / audit function of a financial institution / financial services and / or alternative investments industry.
• Experience with a Big 4 audit firm is a plus.
• Proficiency with the Microsoft Office Suite is expected.
• Excellent written and spoken English is a prerequisite.
• Key competencies and characteristics:
• Strong communication and interpersonal skills (oral and written).
• Adaptable to change.
• Strive for continuous improvement.
• Excellent analytical and problem-solving skills.
• High attention to detail and drive for results.
• Confident personality with ability to communicate clearly and succinctly.
• Diplomatic but with the necessary tenacity to complete the task.
• A 'team player' who can work well within the R&C function and also collaborate successfully with other R&C team members and peers within the team.
• Creative and innovative.
• Willingness to take on responsibility and to work on own initiative.