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)