About Citco : Citco is a global leader in fund services, corporate governance and related asset services with more than 12,000 staff across 50 plus offices worldwide. With more than $1.9 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

About the Team & Business Line : Fund Administration is Citco’s core business, and our alternative asset and accounting service is one of the industry’s most respected.

Real Assets Operations provides fund administration services (principally Fund Accounting and SPV Accounting) for the following fund types (closed-ended, open-ended and hybrid) and special purpose vehicles (SPV):

- Private Equity Real Estate
- Private Real Estate Debt
- Natural Capital defined by Forestry and Agriculture
- Infrastructure
- European Special Purpose Vehicles (associated with the funds listed above and standalone)

Real Assets Operations support a global client base and have staff in North America, Europe and Asia - with the majority located in India.

Your Role : Your primary responsibilities are to ensure that within Real Asset Operations:

- All risks are identified, assessed and managed in line with risk appetite.
- The control environment is well-designed, comprehensive, and effective.
- There is a strong risk culture with high levels of risk awareness.
- Overseeing and supporting senior management to ensure that within Real Asset Operations (i) all risks are identified, assessed and managed, and ii) the control environment is well-designed, comprehensive, and effective. This should be achieved in the context of the business strategy and risk appetite and in line with applicable laws and regulations, internal policies, procedures, and limits.




- Ensuring proactive identification and timely recording and escalation of Risk Issues and Operational Risk Events. Ensuring that root cause is identified and solutions to prevent reoccurrence are identified and implemented (where appropriate). Similarly, ensuring that"read across" of Risk Issues and Operational Risk Events takes place so that learnings from weaknesses identified in one area are applied to all areas.
- Performing deep dive "Risk Reviews" within Real Asset Operations to assess how robustly and comprehensively risks are mitigated and/or investigate potential weaknesses in the control framework. (For example, this could involve an assessment of the design and operating effectiveness of controls in an end-to-end process or in a complete customer journey.)
- Ensuring robust and comprehensive governance of risk and controls within Real Asset Operations. This includes ensuring appropriate visibility of the status of risks and controls owned by Real Asset Operations and escalation of material issues - as well as driving appropriate action from the accountable individuals.
- Providing independent and insightful analysis of the risk and control environment within Real Asset Operations. For example, analysing key risk indicators, key control indicators, risk ratings, control ratings, issues, events, audit findings etc. to identify trends and thematic weaknesses (e.g., unmitigated risks or ineffective controls) that require addressing.



Providing guidance on how best to address these concerns.
- Ensuring high levels of risk awareness, good risk management and control design / control operation competencies - underpinned by a robust risk culture throughout Real Asset Operations. (This includes ensuring that all staff operate in accordance with risk policy, comply with relevant regulation and behave in line with the Citco Corporate Code of Ethics.)
- Partnering with Group Risk Management to support Control Testing, Business Continuity Management and the evolution of risk policies and framework.

The role reports to the Chief Control Officer of CFS Operations and is responsible for: You will be most effective in the role if you operate as a trusted advisor, providing valued advice and support as well as influencing through constructive challenge. You will need to build robust and team-oriented relationships with key stakeholders within the Real Asset Operations management team, as well as key partners within the CFS business, Group Risk Management, Group Compliance and Group Internal Audit.

Based on organisational priorities, you may occasionally be required to operate in other domains in CFS Operations (and also other areas of Citco) and/or travel to other Citco offices across the globe.

About You :

- Seasoned risk qualified with extensive experience, ideally in first line risk management / control office roles. Highly numerate with solid analytical skill set and broad industry knowledge.
- Experience of leadership positions and an understanding of the importance of acting as a role model. Able to motivate staff across the organisation and generate enthusiasm for, and alignment with, good risk management practises.
- Experience of building, leading and de

📌 Senior Vp - Real Asset Operations Control Officer (Mumbai)
🏢 Citco
📍 Mumbai