Job Description

Job description

Role: Confirmations Analyst

Location – Pune

Notes:

· Specific/ mandatory skills: Minimum B2 certification in German Language, Basic understanding of billing and invoicing, Candidate should be good with MS Office package.

· Experience range: 0 – 2 years

· Open to considering fresher candidates (Yes/No): Yes

· Open to considering relocation/ non-local candidates (Yes/No): No

· Contract duration: 8 Months

· Shift timings: 12-30 PM – 09:30 PM IST

· Number of days work from office: Minimum three days from Office

· Preference of hiring only diversity candidates (Yes/No): No

 

Job description – Summary:

 

The Trailer and management fee is part of Global Portfolio Services department under COO division, responsible for fee calculation, upload and release of fees & invoices. We invite you to grow with us in a dynamic environment, to become an important part of the Portfolio Services department and make a decisive contribution to the global success of our organization.

 

 

Trailer and Management fee – essential functions:

 

The trailer and Management fee team is responsible for the calculation of fee values basis the fund Asset under Management (AuM) using VPS (Vertriebsprovision) application. The team is global and has employees at the locations in Frankfurt, Luxemburg, USA & Bangalore and Pune in India.

 

 

Job description:

 

This role is responsible for a timely, complete and accurate processing of tasks such as the following:

 

· German language expert (minimum B2 certification) will be an added advantage.

· Implement and perform daily BAU of EMEA Management Fee and Payables processes using VPS and other related systems

· Support Global Invoice Verification process centralization in cooperation with GF&B and SAP transformation project

· Check TPRM documentation.

· Ensure correctness of invoice details and ensure compliance with legal requirements and contractual setup

· Oversight centrally all fee transactions ensure all bookings are accurate and processed in time

· Analyse and resolve Cash-Breaks, perform reconciliation and past due review/follow-up

· Provide Data to finance and reporting department

· Cooperation with internal and external Stakeholders (Procurement, Vertragsmanagement, Finanzabteilung, Verwahrstellen, CRM und Audit)

Constructively review new GERMAN contract setups under consideration of its operational practicability

· Continuously challenge the operational status quo and support BAs and running project initiatives in cooperation with the onshore SMEs

· Ensure process documentation, standardization and optimization

· Consider strategic goals respecting internal and external legal requirements such as Key Operating Documents (KOD), Service Level Agreements (SLA's), Key Performance Indicators (KPI's), Key Risk Indicators (KRI's)

· Ensure high quality oversight and reporting

· Create and train a coverage structure within the team.

 

Education/competencies:

 

· Successfully completed business studies or comparable qualification

· Accounting skills, preferably in fund or financial accounting

· Experience in operations within asset management – an advantage

· Product and system knowledge (SimCorp Dimension/Aladdin/SAP) – an advantage

· Strong solution- and service-oriented communication skills, excellent written and spoken German (mandatory) and English Solid knowledge of MS Office applications (especially Excel)

· A strong willingness to learn and openness to explore new avenues

· Experience in dealing with internal and external customers and service providers

· Supportive team player

· Openness and ability to share information within the team and to convey specialist knowledge and expertise

· Initiative and a responsible willingness to improve the status quo and achieve measurable results.

· Experience in operations within asset management and project – an advantage