Head of Alternative Investments Fund Administration','18025613','!*!The industry-leading hedge fund, private equity and real estate platform within Citi Investment Management has over $15 billion in client assets/commitments. The group identifies best-in-class underlying hedge funds, private equity, and real estate investment management firms and opportunities. For hedge funds, there are several types of fund offerings to private bank clients as well as to third-party distribution partners. These offerings include the HedgeForum platform, an access platform, the proprietary fund of funds (FOF’s) and traditional hedge funds. For private equity and real estate funds, the client capital is either invested directly into the funds or via feeder vehicles and co-investment vehicles.
Responsibilities This position requires a highly motivated, detail-oriented individual who will lead a team responsible for daily, monthly, quarterly and annual accounting and product support responsibilities for over 150 alternative investment funds. The responsibilities include: • Manage relationships with external service providers including third-party administrators, external auditors, general partners/directors, as well as with internal teams including Legal, Compliance, Operations, Finance, Product Management, Portfolio Management, Risk and Audit. • Review capital calls/distributions, monthly/quarterly NAVs, annual financial statements and tax returns, as prepared by external service providers. • Resolve fund accounting, financial, tax and other issues that may arise related to the funds. • Contribute to the fund tax structuring process, including due diligence with research analysts, external managers and consulting firms. • Oversee country-specific tax reporting process with accounting firms, including FATCA. • Serve as regulatory subject matter expert and supervise compilation of fund and other related information from providers for completion of periodic regulatory reporting requirements for the registered investment advisor, such as Form ADV, Form PF, NFA CPO/CTA, AIFMD and other country-specific requirements (e.g. MAS). • Partner with Legal and Compliance to ensure business guidelines in place to satisfy compliance with Volcker Rule, Bank Holding Company and other regulatory requirements. • Interface with internal service providers for issue resolution between internal operations centers and distribution partners. • Supervise coordination and completion of fund subscription and redemption documentation to underlying fund managers, coordinating with Legal, Accounting and Product Management. • Manage cash account opening process and maintain documentation for new fund launches. • Oversee registered office and corporate secretary service providers to ensure completion of annual filings and payment of fees in Cayman and Delaware. • Partner with Product Management for the review/approval of investor transfer requests and liaise with Legal and General Partner/Director as needed. • Cross train team members on maker/checker roles for trade instructions, compliance reporting and regulatory filing requirements across all product offerings. • Maintain product information in a highly organized fashion – such as organization documents, daily, monthly and annual reports, and other product-related items. • Lead process improvement, technology development and other ad hoc projects. ','!*!• Undergraduate degree in Business, Accounting or Finance preferred • 10 years of experience with a focus on investment funds (private equity, real estate and hedge funds) • Experience leading a team and managing others • Experience with product management, investor services, and/or middle office functions • Knowledge and experience with regulatory compliance and reporting • Ability to handle multiple tasks, work within tight deadlines and partner with colleagues effectively • Detail-oriented • Working knowledge of Excel and other Microsoft Office applications • Strong interpersonal, communication (written and spoken), and organizational skills ','Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity','Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity','Citi won’t discriminate against anyone for discussing pay, but those with access to pay data in their work can’t disclose it unless responding to complaints/investigations or legal requirements.','Citi won’t discriminate against anyone for discussing pay, but those with access to pay data in their work can’t disclose it unless responding to complaints/investigations or legal requirements.','NAM-USA-NY-New York','','Business Management and Admin','Full-time','Bachelor's Degree','Day Job','Regular','Yes, 10 % of the Time','','','Head of Alternative Investments Fund Administration'
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