Post Trade Compliance Vice President

Citi • Columbus, OH

20h • Onsite

About The Position

The Financial Administration – Post Trade Compliance (PTC) Senior Manager, Vice-President (VP) oversees the completion of various compliance testing, liquidity risk management, derivatives monitoring, and other procedures related to mutual fund and other investment company trading activity and investment holdings. The PTC VP manages a team of compliance analysts responsible for performing and reporting on this work, coordinating with others to ensure timely and accurate delivery of results to investment company clients on a daily, monthly, and periodic basis. The role requires a comprehensive understanding of regulations related to various investment company types, including guidance from the SEC (Investment Company Act of 1940), IRS (Sub Chapter M), and fund-specific investment restrictions from fund offering documents (SEC Form N-1A). Additionally, the PTC VP is responsible for training within the PTC team, interacting with compliance vendors, and proactively managing client relationships to consult on compliance-related matters.

Requirements

• Bachelor’s Degree in Accounting, Finance, or business-related area or equivalent work experience
• 10+ years mutual fund (or equivalent) compliance, reporting, administration or similar industry experience
• Prior people management experience required
• Advanced experience working with Microsoft Office applications required, particularly Excel
• Superior leadership and people management skills
• Superior attention to detail, a sense of urgency for deadlines, and solid organizational skills
• Superior written and verbal communication skills and interpersonal skills to foster client and internal relationships
• Ability to review and understand contracts and agreements
• Ability to promote a positive working environment and influence others to embody the Citi Culture

Nice To Haves

• MBA is a plus
• Experience with FIS InvestOne fund accounting platform, including MBOR and OLE functionality, is a plus
• Experience with automated compliance testing platforms is a plus

Responsibilities

• Ensure team provides quality service to clients and responds timely to internal and external client inquiries
• Perform all aspects of people management, including annual performance management cycle, hiring, feedback, mentoring and training
• Oversee the delivery of daily, monthly, quarterly and ad hoc compliance reporting in accordance with regulations and established service standards
• Oversee reporting as needed for fund boards of trustees/directors
• Participate in fund audit processes
• Demonstrate an advanced understanding of investment types, mutual funds, ETFs, and financial markets and serve as a subject-matter expert resource for their team and department
• Review the information disclosed and understand the requirements of various SEC filings (e.g. N-PORT, N-MFP etc.) including filing deadlines, information sources, and the electronic filing process
• Understand the applicable sections of Sub Chapter M of the IRC related to fund compliance
• Understand the applicable sections of mutual fund Registration Statements (SEC Form N-1A) relating fund compliance
• Provide thought leadership on fund events (e.g., new fund launches, new investment types, new compliance regulations)
• Partner with Technology on business requirements documentation, testing and roll-out of new automation solutions
• Encourage continuous improvement to reduce risk and improve efficiency
• Manage projects, lead department initiatives, and participate in various committee initiatives
• Proactively balance team resources and workflow requirements
• Conduct monthly coaching/feedback sessions with direct reports and regular team meetings
• Handle escalated issues timely and appropriately
• Oversee projects effectively

Benefits

• discretionary and formulaic incentive and retention awards
• medical, dental & vision coverage
• 401(k)
• life, accident, and disability insurance
• wellness programs
• paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees