Senior Associate - Fee Services

• The Fee Payables Officer is in charge of the computation, monitoring, reconciliation and payment of invoices concerning several types of commissions, while managing and supporting various stakeholders.
• Work effectively with team members to accomplish common goals. Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner

Responsibilities

• Control of received invoices content, recording and maintenance of invoice data into internal system
• Compare invoice data with current contracting conditions - calculation of fees/commissions, validation of the amounts and, in case of discrepancies, perform an investigation to identify the root cause and find a proper resolution
• Monitor and follow-up discrepancies with the different service providers
• Take or request actions by liaising with relevant departments to solve pending issues (Front Office, Middle Office, Finance, Procurement, Accounting Controls, and others)
• Manage the relations with the external stakeholders, like brokers, depositaries, and custodians
• Issuance of payments and ensure that invoices are paid in a timely manner
• Control of financial/accounting breaks
• Reporting to Front Office and Middle Office

Risk control

• Monitor activity progress against the goals and take appropriate corrective action as and when it is required
• Control and ensure that all tasks are processed accurately and on a timely manner
• Identify risk, suggest implementation of a first level of control.

Responsibilities

• Deal with Business Managers and brokers issues escalated by the team and share it with the management when appropriate
• Collaborate /Liaise with other BNPP teams/stakeholders.
• Ensure that procedures are updated and validated on a timely manner
• Perform and updated the status of the assigned tasks in the daily task checklist.
• Breaks analysis and dispute resolution

Reconciliations -

• • Strong Communication skills required for an effective liaison with counterparties and internal stakeholders to the reconciliation process.
  • Knowledge of Fixed Income (Bonds/FX/Swaps), Global Equity Derivates
  • Flexibility to accommodate business requirements and working hours.
  • Ability to use Excel at an intermediate level - essential
  • Excellent numerical and analytical skills - essential
  • Ability to analyse large volumes of data
  • High attention to detail and quality focused
• Be comfortable with escalation and managing issues as they arise
• Forward thinking and proactive with the ability to question process
• Ability to work under pressure
• Team Player

• Bachelors degree from a college or university
• Strong Communication skills and client focus oriented
• Fundamental understanding of clearing /Futures & Options markets.
• Knowledge of all Microsoft Office applications (Excel, Word, PowerPoint, Access)