Managing Director – Citco Trustees
About Citco
Since the 1940s Citco has provided specialist financial services to alternative investment funds, investors, multinationals and private clients worldwide. With over 6,000 employees in 45 countries we pioneer innovative solutions that meet our clients’ evolving needs, and deliver exceptional service.
Our continuous investment in learning means our people are among the best in the industry. And our corporate social responsibility programs provide meaningful and fulfilling work in the community.
A career at Citco isn’t just a job – it’s an opportunity to excel in an environment that genuinely supports your personal and professional development.
About the Role:
As Managing Director you will report to the Business Directors of Citco Governance Services (“CGS”) and will be responsible for running the day-to-day operations of Citco Trustees (Cayman) Limited and related entities. This position will require five areas of focus: Financial, Operational, Staff Management, Risk and Corporate Governance and Client Relationship Management.
The Managing Director will ensure that appropriate financial controls, clear operational procedures and robust staff retention and succession planning strategies are in place, and will keep employees abreast of CGS related developments. The Managing Director will ensure that client service levels and regulatory requirements are met and that operational risk is minimized.
Job Duties in Brief:
- Prepare and implement business plans and budgets;
- Work closely with finance and the staff to ensure financial objectives are being prioritized as necessary and targets met;
- Maintain cost and scalability to achieve a profitable cost to revenue ratio and ensure time writing targets are monitored and met;
- Responsible for cost management and review of financial reporting;
- Drive the execution of strategic initiatives;
- Set challenging, yet realistic performance expectations for the staff linked to CGS strategy;
- Maintain & enhance existing client relationships;
- Provide guidance, communication, and coaching as well as performance management to staff as required to ensure Citco objectives are met;
- Generate new business whilst ensuring client integration and business continuity;
- Ensure that service levels are maintained for all clients for which the office is responsible;
- Ensure all internal risk management and KYC/AML procedures are implemented and adhered to; and
- Provide timely, accurate, and relevant reports to the CGS Divisional Team.
About You:
- Accounting designation or Qualified as a lawyer in a Commonwealth Jurisdiction;
- Minimum of 10 years’ experience in a similar fiduciary business with at least 5 years at a senior level, with significant exposure to the financial side of the business;
- Experienced in working with Finance to produce budgets, review monthly financial statements, implementing financial controls and reviewing financial targets on a monthly basis;
- Good familiarity with the range of corporate vehicles available in Cayman and strong corporate law knowledge with the ability to guide staff on corporate processes;
- Familiarity with private client and commercial trusts a distinct advantage;
- 10 years’ experience of managing qualified and senior staff;
- Strong project management skills;
- The ability to multitask;
- Excellent written and verbal communication skills; and
- Well-developed leadership and delegation skills with an emphasis on empowering teams.
What We Offer:
- A challenging and rewarding role in an award-winning global business.
- Opportunities for personal and professional career development.
- Great working environment, competitive salary and benefits, and opportunities for educational support.
- Be part of an industry leading global team, renowned for excellence.
Confidentiality Assured.
#LI-LM1