Risk and Control Senior Analyst

About Citco:

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

About the Team & Business Line:

Citco Group provides services to our Citco Group of Companies and helps business to succeed in client service excellence.

As a valuable member of our Risk and Control Group, you will work closely with internal stakeholders and cross-functional teams to support business operations and help them to achieve their goals.

Your Role:

The Risk and Control Team ("R&C") is a group-level, global team, responsible for fostering risk and control awareness across all divisions within the Citco Group of companies as defined on The R&C strategy is to support the organization in implementing a robust risk management and control framework globally across all lines of business. The R&C team is responsible for the production of the System and Organization Controls "SOC1" reports for the Citco Funds Services ("CFS"), the Citco Bank and Depositary Services and Citco Corporate Solutions lines of business.

In addition, The R&C has a separate specialized Quality Control and Assurance ("CFS QC") team that review the operating effectiveness of controls within the various CFS functions (Loan Administration, Hedge Funds, Funds of Hedge Funds, Private Equity and Middle Office Solutions).

R&C has resources based in Amsterdam (The Netherlands), Dublin & Cork (Ireland), Jersey City (USA), Manila (The Philippines) and Toronto (Canada).

Your Role:

• Report to the relevant local Supervisor in Manila, which report into the CFS QC Vice President based in Toronto. Cultivate and maintain excellent relationships with Management and staff in various CFS divisions and R&C colleagues.
• Involvement in the day-to-day execution of the operational effectiveness testing in a quality manner including timely work paper completion and review and identification of risk issues. This will include liaising and working with other key individuals responsible on related operational effectiveness testing work as well as business representatives across various offices, locations and time zones working with your Supervisor and escalation of relevant matters identified in the review process to R&C Management.
• Involvement in the controls effectiveness testing of fee template set-ups in Citco applications, which includes review of data input against underlying documentation (Administration Agreements & Private Placement Memorandums) and independent re-calculations of fees.
• Involvement in the controls effectiveness testing of Fund Accounting processes
• Involvement in the preparation of quality control reports to Senior Management on operational effectiveness testing activities. Reporting performed includes overview of the testing performed, trending analysis, root cause analysis, testing observation details and recommendations to mitigate the risk.
• Work closely with the business divisions to review and enhance the internal control framework as part of the continuous improvement to the control environment and look for further efficiencies.

• Foster risk and control awareness across the organization by working with Management and first and second line functions (CFS Risk and Operational Control Monitoring teams).

• Maintain expertise and pursue training to keep abreast of new and proposed developments in Risk Management and auditing fields and consider the impact on the company through various industry organizations.

About You:

• The candidate must have a Bachelor's degree in Accountancy, Finance or another related field.
• A relevant and recognized professional qualification such as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA) and / or equivalent level within Risk Management is desirable.
• At least two year experience of working in a progressive risk management / assurance / internal controls / audit function of a financial institution / financial services and / or alternative investments industry.
• Fund accounting experience is preferred.
• 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 interpersonal and presentational skills (oral and written).

• Pro-active with good project management and organizational skills.
• Excellent analytical and problem solving skills to perform complex calculations.
• Strive for continuous improvement.
• Sound risk-based decision making.
• Self-starter able to perform independently.
• High attention to detail.
• 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.
• Adaptable to change.

Our Benefits

Your well being 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.

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.