Fund Distributor Operations Officer; CDD – H​/F

Fund Distributor Operations Officer (CDD 10 mois)

Amundi Luxembourg is recruiting for its Fund Channel Luxembourg subsidiary. By joining Fund Channel, you become part of a leading organization in the financial sector. Fund Channel is a B2B fund distribution platform, jointly owned by Amundi and CACEIS. Based in Luxembourg, it operates across Europe and Asia.

Since 2005, Fund Channel has provided innovative services to facilitate fund distribution, increase transparency, and streamline processes for asset managers and fund distributors. It was awarded "Best European Distribution Platform" by Platforum for four consecutive years ).

The recent launch of Fund Channel Liquidity gives treasurers direct access to a wide range of money market funds, reinforcing the platform's position as a leading solution in Europe.

We build strong, human relationships with our clients, partners, and regulators. Together, we make fund distribution easier.

ROLE

To support our growth, we are looking for a collaborator to strengthen the Fund Distributor Operations team, mainly responsible for recovering management fee retro cessions owed by management companies to fund distributors.

• Independent management and monitoring of invoicing and recovery of Mutual Funds retro cessions due by the AMCs:
• Configuration in the internal Fund Channel tool of the billing groups and data necessary for the transmission of information;
• Monitoring of outstanding amounts as part of the quarterly invoicing launch;
• Sending to AMCs the information necessary to establish fee calculations (if applicable in conjunction with custodian banks or transfer agents)
• Reconciliation of retrocession calculations sent by the AMCs in close collaboration with them and with the distributors' depositories;
• Management of issues encountered during invoicing and/or collection for its scope (internal and external cross-functional collaboration);
• Management of commissions on capital investment funds and other alternative funds (Immo, ELTIF, etc.)
• Management of commissions on EMTN (collection of issue programs, final conditions, calculation of commissions (entry and recurring) and recovery from issuers)
• Rigorous monitoring of the invoicing of different types of commissions awaiting settlement with application of the strict escalation process if necessary
• Onboarding new distributor clients or new SGPs on the platform
• Creation and maintenance of promoter files
• Responses to requests from Relationship Managers
• Preparation of activity reports (monthly monitoring of pending invoicing, weekly monitoring of collection, monitoring of cash advances, support for analysis of recovery speed in RFP mode, etc.)
• Active contribution to team projects (automation, continuous process improvement, etc.)
• Back-up colleagues Officer FDO in case of absence
• Monitoring of incoming emails in the team's common mailbox
• Analysis of MIFID amounts to be returned
• Respect of the KPIs, company and team goals, both for him and for the team