Transfer Agency recruitment
Responsibilities:
- Maintenance of Shareholder Register
- Carry out the verification and accuracy of the Team's processing of transactions, including subscriptions, redemptions, transfers, and side pockets, calculation of equalization amounts etc
- Client and shareholder servicing, ensure all responses are issued in professional manner and guide team members on responses issued.
- Ensure compliance of AML requirements for various investors and as appropriate with regulatory requirements.
- Ensure all checking functions are carried in timely and accurate manner.
- Reviewing of new Funds' prospectus and other constitutive documents
- Propose and/or implement procedural changes to improve performance of the department or of related business areas
- All written and verbal communication to be of the highest professional standard
- Professional use of email and the telephone
- Any other functions detailed by Service Level Agreement
Technical Skills:
- Displays a good understanding of the system
- Can perform and good understanding of, Trade input reporting, NAV/Price verification and Shareholder Account Contact Maintenance
System Reports:
- Knowledge of how to run, interpret and understand system generated reports, including shareholder correspondence, Verification of Equalization and Performance fee calculation
- Legal Regulatory Understands the background of his/her fund in terms of legal rules and regulation/restrictions:
- Understands the role of administrator, custodian/prime broker, and fund manager
- Familiar with the terms of fund prospectus and processing procedures.
- Familiar with calculation of performance fees and equalization/series of shares
- Knowledge of Anti Money Laundering Legislation and Compliance and 100% checks when completing shareholder files.
- Knowledge of processing requirements in regard to New Issue Eligibility, Investor Eligibility, US ownership, Authorized SC ERISA
Requirements:
Degree level Competencies:
- The person must understand the client's needs and respond to queries efficiently and effectively
- Under the guidance of the Head of TA, the person is responsible for maintenance of the Fund Folders and updating procedures as required at all times.
- The Manager should make suggestions which they consider would benefit the team or improve service levels Knowledge/Experience
- Experience level: More than 3-4 years experience in Investor services/Transfer agency department of a Hedge Fund service provider, is preferred, and in a position of supervising staff for at least 2 years
- Computer literacy is essential - job holders should be skilled in the use of spreadsheets and word processing packages.
- Excellent verbal and written communication skills are required.
- A High degree of accuracy and attention to detail is essential.
- Ability to adhere to deadlines as required
At Citi, we groom the leaders of today and tomorrow. Successful candidates will undergo comprehensive training on our products and look forward to a competitive remuneration and benefits package.
Take the opportunity to embark on a challenging, fulfilling and rewarding career with one of the world's most respected financial institutions now. To apply, please visit http://careers.citigroup.com and search for Job ID 12005927.
March 2, 2012
• Tags: Accounting & Finance careers in the Singapore, Transfer Agency recruitment • Posted in: Financial