Fund Distribution Operations – Service Fees (M/F/X) – permanent role

29/01/2024

Fund Distribution Operations – Service Fees (M/F/X) – permanent role

29/01/2024
  • Location: Luxembourg
  • Type: Permanent
  • Job #7686

The ManpowerGroup company is recruiting for one of its clients, specialized in finance, a Fund Distribution Operations – Service Fees (M/F/X) – permanent role, to join a dynamic renowned company and be involved in its new development projects.

To support its growth, our client is looking for a collaborator to strengthen the Fund Distributor Operations team, mainly responsible for recovering management fee retrocessions owed by management companies to fund distributors.

Your responsibilities:

• Calculation of Service Fees owed by management companies in compliance with the conditions set out in the contract
• Reconciliation of Service Fees with management companies
• Strict monitoring of the payment process (reminders, etc.)
• Update of the operational aspect of the Service Fees bookstore
• Responses to requests from Relationship Managers
• Preparation of activity reports (weekly invoicing monitoring, weekly recovery monitoring, etc.)
• Active contribution to the continuous improvement of the Service Fees calculation engine (updating the product scope, updating the customer scope, library of existing calculation methods, avenues for improvement in the processing of the calculation, etc.)
• Creation of macros in VBA to facilitate reconciliation
• Back-up colleague Officer FDO in case of absence
• Monitoring of incoming emails in the dedicated Service Fees common mailbox
• Respect of company and team goals

Your profile:

• Higher education in economics or accounting (Bac + 4/5)
At least 1 year of experience in an operational department in the investment funds industry
Very good command of Excel with experience in VBA coding required
• Excellent analysis and synthesis skills
• Appetite for change and structuring new processes
• Fluent French and good command of English
• Have good interpersonal skills and a strong team spirit
• Have the ability to maintain strong relationships with customers and partners
• Willing and ready to help colleagues
• Have a sense of priorities and be autonomous very quickly
• Be rigorous, organized and results-oriented
• Have strong resistance to stress, high resilience

If you identify with this profile, I invite you to submit your application online
Only applications in link with the job description will be treated and in a confidential manner
 

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