Junior Trust Officer

The Citco Group Limited

Oct 10, 2024

Applications are closed

Job
Full-time
Entry Level
Accounting & Tax
Banking & Finance
Pune

Requirements

Bachelor’s Degree in Accounting, Finance, Economics, or other quantitative subjects
Knowledge of various different fund types
Strong Customer Service and analytical 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 systems and source information from numerous systems
Ability to work effectively in a team environment
Adaptive, flexible professional style, capable of working in a fast paced, dynamic environment
Strong computer skills, with proficiency in Excel and Word, and aptitude to learn new skills
Ability to organize, prioritize tasks and work in a deadline-oriented environment
Comfortable communicating with clients and counterparties via e-mail and phone
Experience/exposure to a cash settlements role not essential but would be of benefit
Experience/exposure to ISDA Bi-Lateral agreements and the collateral process not essential but would be of benefit
Experience/exposure to financial instruments such as equities, bonds, equity swaps, FX, futures and OTC products not essential but would be of benefit.

Responsibilities

Coordinate month-end collateral interest process between counter-parties
Instruct collateral and treasury transfer payments via SWIFT
Prepare expense payments in Æxeo Treasury
Agree and process over-the-counter (OTC) payments on behalf of clients
Reviewing vendor platforms (such as Omgeo CTM, Traiana, Markit Trade Manager), PB matching portals and recaps on Trade Date
Responsible for listed securities settlements via Prime Broker platforms, ensuring trades are pre-matched and subsequently settle on the market between the counterparty and PB
You will be responsible for the review, exception processing, break escalation/resolution and subsequent affirm/confirm of trade between the client and executing counterparty
You will assist with training and development of junior members of the team
May work on special projects as needed
Work with internal stakeholders/client in a professional manner to resolve any open issues

FAQs

What is the primary focus of the Junior Trust Officer role?

The primary focus of the Junior Trust Officer role is to coordinate various financial processes, including month-end collateral interest, payments via SWIFT, and the settlement of listed securities.

What educational background is preferred for the Junior Trust Officer position?

A Bachelor's Degree in Accounting, Finance, Economics, or other quantitative subjects is preferred for the Junior Trust Officer position.

Is experience in cash settlements or financial instruments necessary for this role?

Experience or exposure to a cash settlements role and financial instruments such as equities, bonds, and OTC products is beneficial but not essential.

What are the essential skills required for success in this position?

Essential skills include strong customer service, analytical and problem-solving abilities, excellent communication and interpersonal skills, attention to detail, and proficiency in Excel and Word.

Will there be opportunities for training and development in this role?

Yes, there will be opportunities to assist with training and development of junior team members as part of this role.

How does Citco support employee wellbeing?

Citco supports employee wellbeing by providing a range of benefits, training, education support, and flexible working arrangements to balance personal needs with career success.

Is prior knowledge of fund types necessary for this position?

Knowledge of various fund types is important for the position, as it helps in understanding the services provided to clients.

Does Citco prioritize diversity in its hiring process?

Yes, Citco embraces diversity and prioritizes hiring individuals from diverse backgrounds, fostering an inclusive culture.

How will the Junior Trust Officer interact with clients and counterparties?

The Junior Trust Officer will communicate with clients and counterparties via email and phone in a professional manner to resolve any open issues.

Are accommodations available for candidates taking part in the selection process?

Yes, accommodations are available upon request for candidates with disabilities participating in all aspects of the selection process.

The Citco Group Limited

The Citco group of companies provides a broad range of financial services for hedge funds, administration, PE & more.

Finance

Industry

5001-10,000

Employees

Mission & Purpose

The Citco Group Limited is a company specialising in financial services, with a particular focus on fund administration, corporate services, and related financial solutions. The company's core activities include assisting clients in managing and administering investment funds, as well as providing corporate and fiduciary services to businesses. Citco's ultimate goal is to be a trusted partner for their clients in navigating the complexities of the financial industry, offering expert support in fund management and corporate services. Their purpose revolves around delivering high-quality, tailored financial solutions that enable clients to succeed in a competitive market, manage their assets efficiently, and meet regulatory requirements. Through their services, Citco aims to facilitate the growth and success of businesses and investment funds.