At a Glance
- Tasks: Ensure compliance and monitor client cash accounts while minimising operational risks.
- Company: Join Citco, a global leader in banking and fund services.
- Benefits: Flexible working arrangements, training support, and a focus on your well-being.
- Other info: Inclusive culture that values diversity and offers excellent career growth opportunities.
- Why this job: Be part of a diverse team making a real impact in the finance industry.
- Qualifications: 1-3 years in fund admin or depositary roles; strong communication skills required.
The predicted salary is between 31500 - 38500 £ per year.
About Citco: The Citco Banks offer our clients the ability to transact, place cash on deposit and access foreign exchange markets and loan facilities. Operating from multiple locations globally, we provide custody and depositary services and credit facilities, with our solutions fully integrated with our fund administration and corporate and trust offerings.
About the Team & Business Line: Citco Bank provides fully integrated transaction, deposit, foreign exchange and credit facilities to our Fund Services and Governance Services clients. Operating in strategic global centres, Citco Bank provides access to best-in-class process and technology. As a core member of our Compliance team, you will work closely with internal stakeholders and cross-functional teams to minimize operational risks and ensure our clients experience seamless delivery across banking services.
Responsibilities
- Ensure adherence to all Depositary policies and procedures.
- Monitor activity within client cash accounts and compliance with investment and borrowing restrictions.
- Perform comprehensive independent reviews of Net Asset Valuations.
- Provide assistance during on-site inspections.
- Work in a controls focused environment, ensuring the depositary fulfills all of its oversight obligations.
- Assist with providing data for Key Performance Indicators (KPIs) as they are developed and assist in the preparation and review of relevant departmental reporting.
- Liaise with other departments to ensure errors/breaches are recorded and resolved in a timely manner, as well as ensure prompt escalation to management of any issues.
- Deal with all queries received in a professional manner.
- Identify and propose procedural enhancements, as well as assist in the implementation of process improvement initiatives.
- Provide ad-hoc project support.
Qualifications
- At least 1-3 years of fund admin or depositary/custody/trustee experience within the funds industry.
- Knowledge of Private Equity / Hedge Funds and related prime broker arrangements.
- Excellent communicator with strong interpersonal effectiveness.
- Able to work effectively as part of a team and on your own initiative.
- You have a Degree or equivalent.
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 embrace diversity, prioritising the hiring of people from diverse backgrounds. Our inclusive culture is a source of pride and strength, fostering innovation and mutual respect.
Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.
Senior Depositary Analyst in London employer: The Citco Group
At Citco, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As a Junior Financial Analyst, you will benefit from comprehensive training and development opportunities, flexible working arrangements, and a commitment to employee wellbeing, all while contributing to impactful financial strategies in a diverse and inclusive environment. Join us in our vibrant location where your contributions will be valued, and your career can flourish.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Depositary Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like The Citco Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Depositary Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to The Citco Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on The Citco Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at The Citco Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with The Citco Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at The Citco Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former The Citco Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
