Post Trade Compliance Vice President

Citi • Columbus, OH

6d

About The Position

The Financial Administration – Post Trade Compliance (“PTC”) Senior Manager, Vice-President (“VP”) oversees 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 is responsible to manage a team of compliance analysts responsible to perform and report on the results of this work, and coordinate with others within the organization to ensure timely, accurate delivery of the results of such procedures to investment company clients on a daily, monthly and other periodic basis. The PTC VP must maintain a comprehensive understanding of the regulations related to various investment company types, including authoritative guidance from the Securities and Exchange Commission (“SEC”) including the Investment Company Act of 1940, the Internal Revenue Service (“IRS”) including Sub Chapter M, fund-specific investment restrictions as described in fund offering documents such as SEC Form N-1A, and other sources. In addition, the PTC VP is responsible for training efforts within the PTC team, to interact with compliance vendors as needed, and to proactively manage client relationships to consult on compliance-related matters.

Requirements

• Bachelor’s Degree in Accounting, Finance, or business-related area or equivalent work experience, MBA is a plus
• 10+ years mutual fund (or equivalent) compliance, reporting, administration or similar industry experience
• Prior people management experience required
• Experience with FIS InvestOne fund accounting platform, including MBOR and OLE functionality, is a plus
• Experience with automated compliance testing platforms is a plus
• Advanced experience working with Microsoft Office applications required, particularly Excel
• Ability to demonstrate the following attributes consistently:
• 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
• Proactively balance team resources and workflow requirements
• Willingness to work outside of normal work hours when necessarily, particularly during peak reporting cycles
• Conduct monthly coaching/feedback sessions with direct reports and regular team meetings
• Ability to review and understand contracts and agreements
• Handle escalated issues timely and appropriately
• Oversee projects effectively
• Ability to promote a positive working environment and influence others to embody the Citi Culture

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 as needed
• Participate in fund audit processes as needed
• 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

Benefits

• In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards.
• Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs.
• Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays.
• For additional information regarding Citi employee benefits, please visit citibenefits.com.
• Available offerings may vary by jurisdiction, job level, and date of hire.

What This Job Offers

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