Depository Senior Specialist (Vice-President)

The Fiduciary Specialist is a strategic professional who stays abreast of developments within own field and contributes to directional strategy by considering their application in own job and the business. Recognized technical authority for an area within the business. Requires basic commercial awareness. There are typically multiple people within the business that provide the same level of subject matter expertise. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Significant impact on the area through complex deliverables. Provides advice and counsel related to the technology or operations of the business. Work impacts an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family.

Responsibilities:

• Responsible for the Trustee / Fiduciary relationship of a specific set of managed Fund clients
• Assist in the provision, receipt, safekeeping and maintenance of legal and contractual client documentation
• Assist in the preparation of service level agreements for clients
• Arrange and attend client meetings as required
• Support the implementation of new business
• Manage the opening and maintenance of client asset and cash accounts
• Draft and provide board level reporting to clients
• Work with the Fiduciary Operations function on any query escalations they refer in connection to NAV reviews, periodic reviews, daily banking and similar, and provide training to them where required
• Complete NAV and periodic review where appropriate
• Responsibility for the execution of investment and borrowing monitoring checks for designated funds, monitoring all relevant aspects of investment management activity where applicable
• Interaction with clients in respect of breaches and price errors
• Manage the flow of data received by/from internal support teams to ensure that relevant and timely information is provided to clients and their associated service providers. Work with internal support teams and external parties to resolve any outstanding client issues
• Ensure agreed service levels commitments are monitored and tracked, and any issues identified are escalated to the relevant parties and followed through to resolution.
• Work with relevant parties to ensure in-specie transactions are executed in a timely and accurate manner
• Responsible for daily cash flow monitoring processes in line with AIFMD/UCITS requirements working in conjunction with Fiduciary
• Ensure the asset title of all assets held outside of custody are appropriate
• Ensure an up-to-date inventory of AIF assets is maintained
• Onsite Inspection visits of fund functionaries
• Assist in the planning and execution of onsite inspection visits to managers, administrators, transfer agents or other entities as directed
• Assist in the preparation of draft and/or final reports as required, detailing issues that have arisen from the visit
• Assist in the reporting and tracking of all findings to resolution
• Engagement in projects and additional tasks as required by the Senior Fiduciary Client Manager.
• Complete and monitor Procedures Manual for immediate area of responsibility
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Relevant experience in finance organization (Depository / Trustee / Fiduciary)
• Thorough knowledge of Regulatory Framework
• Dutch language knowledge as advantage
• Bachelor’s/University degree, Master’s degree preferred

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