GFS Fund Accounting Product Head – HK & China

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Job Overview

The Funds Services Fund Accounting product head is responsible for Accounting and Administration business in the region, working with Country Managers (SCM) and local product/sales teams in developing and driving business opportunities, delivering client satisfaction and managing financial performance across Asia with a focus on HK and China. The core focus of this role is on all aspects of product management and strategy for Fund Accounting including how this service interacts with related service offerings in Custody, Transfer Agency, Financial, Performance and Regulatory Reporting as well as Middle Office Services with specific focus on ensuring that the service offering is integrated and scalable.  This individual will possess deep understanding of the accounting and financial reporting requirements for the major fund domiciles in the region.

Key Responsibilities:

• Support the management and growth of product strategy along with deployment of enhanced or new solutions by working with the sales, relationship management and local product teams to identify market changes/ trends, understand customer behavior and needs, and develop strategic opportunities for product and sales development
• Work effectively with the Country Management and product teams to identify and define Citi’s competitive positioning within each market to drive Fund Services product innovation to deliver new commercial opportunities
• Manage a team of product managers in region focused on fund services
• Drive and own effective P&L management, with full understanding of revenue and cost drivers, business drivers, profitability, etc., for each service offering
• Assist the Sales process as an SME for new and existing deals including the preparation of the P&L analysis to assess client profitability
• Assist the country management teams & local relationship teams with the overall management of the Funds Services business inclusive of customer satisfaction, employee satisfaction, compliance with local laws and regulations, compliance with relevant global regulations, and adherence to all internal controls and policies
• Ensure that Fund Services business works effectively with local and regional stakeholders such as Operations and Technology to develop and deliver integrated product and service offerings in each market
• Act as escalation point for business, operational or service issues and oversee their successful resolution and remediation
• Liaise with external customers/vendors and partners in other products and operations
• Ensure change management with respect to regulatory, client and environment changes are implemented in an efficient and effective manner
• Provide quality leadership and advice to client related to business
• Responsible for the Risk awareness, assessment and control as it pertains to the fund services business

Qualifications:

• 10-15+ years Fund Accounting and Administration industry experience preferably in a fund services business
• Ideally a qualified Accountant but will consider deep subject matter expertise and experience as well but must demonstrate significant understanding of accounting policies and conventions across the major fund domiciles
• Exceptional communication & presentation skills
• Understanding of the Global Funds Regulatory environment, including the US, Ireland, UK and other EMEA and APAC locations
• Natural collaborator able to partner with product management teams and product delivery executives to ensure both product and client roadmaps and implementation strategies are aligned to technology and business investments
• Outcome oriented, with a successful track record of delivering excellence for clients
• Self-motivated, independent, multi-tasker, willing and able to take ownership of various parts of an initiative
• Must be disciplined and comfortable with ambiguity, possessing the maturity and capability to interact and influence across multiple levels and a global matrixed organization
• Ability to elevate the conversation to client’s needs and objectives and dig into the details and process flows
• Flexible – demonstrated experience working effectively with multiple stake holders.
• Strong analytical skills, including numbers and situational analyses, and high attention to detail
• Organization and project management skills, including effective cross-functional management skills
• Able to prioritize work, and shift priorities as needed to meet aggressive deadlines and milestones
• Promotes teamwork and builds strong relationships within and across global teams.
• Ideal candidate will be fluent in Mandarin or Cantonese

Education

• Bachelor's degree/University degree in Accounting / Finance, or equivalent experience
• Qualified Accountant, CFA, or graduate degree preferred

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Job Family Group:

Product Management and Development

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Job Family:

Product Management

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Time Type:

Full time

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Most Relevant Skills

Please see the requirements listed above.

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Other Relevant Skills

For complementary skills, please see above and/or contact the recruiter.

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