Senior Brokerage Analyst
6 days ago
About the Role:
We are seeking a highly skilled Senior Brokerage Analyst to join our team at TP ICAP. As a key member of our Brokerage and Investigations department, you will play a crucial role in supporting the administration of brokerage rates for Global Broking in Europe.
The successful candidate will be responsible for ensuring the accurate documentation and storage of agreed brokerage rates, adhering to company standards in terms of approval and governance. This involves responding to requests from customers, business, Chief Pricing Officer, and other support departments for new, amended or copies of current fee schedules or venue rate cards.
You will also be responsible for notifying appropriate personnel within the firm as well as customers of new/amended agreements. Additionally, you will engage with relevant departments to automate the brokerage rates or ensure that a manual process is implemented.
Brokerage Data Management:
- Input brokerage fees in the relevant systems for new/ amended rates and discounts;
- Perform 4 eyes checks for the new rates input and regular adhoc checks on discounts and rates to ensure reliability of our data;
- Suggest technical enhancements to the systems and work towards centralisation of the brokerage rates.
Customer Investigation:
- Ensure the effective and efficient management of trade investigations raised by clients following the review of their invoices, liaising with appropriate departments to solve them;
- Perform the brokerage checks requested by the audit;
- Track and analyse the transactions where brokerage has been input manually;
- Suggest improvement to the systems and processes;
- Design and implement reconciliations and MI/KPIs to support our business and evidence controls.
Requirements:
- Demonstrates excellent attention to detail, possesses high organisation skills & a proactive approach;
- Demonstrates strong analytical ability and problem solving skills;
- Demonstrates the ability to work effectively in a high pressure environment;
- Highly effective written & oral communication skills; adapts communication style to suit audience;
- Shows evidence of being comfortable working in fast paced or pressured environments;
- Skilled in Microsoft applications software (Word, Excel, PowerPoint, Outlook).
Estimated Salary Range: £50,000 - £70,000 per annum, depending on experience and qualifications. We offer a competitive benefits package, including opportunities for career development and growth.
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