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.
Responsible for the Trustee / Fiduciary relationship of a specific set of HK 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.
6-10 years of experience
Extensive years of Fiduciary or other compliance or financial services related experience
Thorough knowledge of Regulatory Framework
Bachelor's / University degree, Master's degree preferred
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Job Family Group :
Product Management and Development
Job Family : Fiduciary Services
Time Type : Full time
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