Analyst, Reconciliation Support - Interface Solutions

Fund Accounting Halifax, Nova Scotia


Description

Analyst, Reconciliation Support

Halifax

 

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 www.citco.com

About the Team & Business Line:

Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected. Our continuous investment in learning and technology solutions means our people are equipped to deliver a seamless client experience.

As a core member of our Fund Accounting team, you will be working with some of the industry’s most accomplished professionals to deliver award-winning services for complex fund structures that our clients can depend upon.

Your Role:

  • You will be part of the Reconciliation Support Team whose responsibility will be to manage all aspects for currently supported reconciliations commencing with ensuring all counterparty account requirements are addressed, sourcing data, inclusive of rec and statements, and addressing daily production support issues
  • You will be responsible for requesting and following up on all data requests between parties, and insuring that all needed information is obtained on a timely basis.
  • You will support all reconciliation systems with a focus on building data interfaces with external counterparties, consisting of clients, banks, brokerage firms, and vendors.
  • You will be exposed to both technical and business concepts to achieve the goals of Data Mapping. 
  • You will be mapping externally provided files into the Normalized Data Container (NDC).
  • You will utilize your SQL knowledge (this can be learned) in order to create logic to translate broker-specific files into the normalized values required in the Normalized Data Container (NDC).
  • You will ensure client data is flowing as expected when new interfaces are implemented and new broker feeds are added.
  • You will analyze files and validate that all product/ asset class specific data is being provided.
  • You will interpret business logic to define and translate data mappings; QA test and validate output using a suite of mapping tools and downstream target applications.
  • You will manage onboarding onto the reconciliation tools based on requests from Internal Operations and Integration Staff
  • You will work collaboratively with the Data Management team to effectively hand off data files and statements that require monitoring for all reconciliation tools. This should include transferring knowledge of all auxiliary processes that require monitoring to ensure data successfully interfaces to the reconciliation tools e.g. replication.
  • You will be the escalation point for all reconciliation issues where data content discrepancies are encountered. Assist when external interaction is necessary.
  • You will liaise when dealing with Internal Operations and Integration Staff in automation of data feeds for clients.
  • You will take a proactive approach to solving issues, display initiative and good example by contributing ideas for increased efficiencies and/or automation of the various support procedures
  • You will liaise with counterparties where data (on files or statements) delivered is not accurate or incomplete. Where necessary undertaking small mapping tweaks to address reconciliation data issues.
  • You will proactively work with counterparties to obtain new files / statements according to new Industry standard and/or internal requirements.
  • You will liaise with counterparties on delivering (on files or statements) data as early as possible.
  • You will be involved in testing development items for reconciliation tools after IT signoff for production release.
  • You will participate in proof-of-concepts (POCs) to evaluate improvements to reconciliation tools as needed

 

About You:

  • You have a Bachelor degree in accounting or finance
  • You have Business Analyst experience (Desirable)
  • You have a good understanding of financial products and strategies that a hedge fund might use.
  • You must possess excellent communication skills.
  • You have good problem solving skills. You are required to research problems reported by operations teams to determine if an actual problem exists or if additional training is required. When actual problem exists, you need to recommend a workaround until an actual fix to the problem is implemented.
  • You have the ability to explain technical concepts to users in terms that can be easily understood.
  • You must have experience working with data files
  • You must have general knowledge of databases or experience using SQL Server (T-SQL) and/or Oracle
  • You have Hedge fund operations experience, preferably with cash reconciliation

 

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. Ask us about specific benefits in your location.

 

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.