Sénior Brokerage and Fees Officer

**Company Description**
Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, where it applies technology for the development of financial expertise in its two global business lines - Corporate & Investment Banking and Asset & Wealth Management - and, transversally, for the entities of Groupe BPCE.

The Centre of Expertise, based in Porto, currently has more than 2,400 employees from over 30 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group. The project in Porto is one of the biggest investments in Human Resources ever made by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

In 2024, Top Employers Institute has awarded Natixis in Portugal the Top Employer Portugal accreditation for the second time. This certification recognizes excellence in people practices, following the example of our head office, in France, who was certified Top Employer France for the eight year in a row.
**Job Description** Team presentation and main goal**:
Within the Global Markets Operations department, the Brokerage and Fees team is responsible for the management of invoices received from the GMO brokers and also supplier invoices regarding several Commission fees, legal and Bond Issuance expenses.

The team also follows up new Brokers onboarding, the archiving of the correspondent Fees Schedules and also responsible for hosting reporting committees such as the Broker Committee.

At Natixis in Portugal, GMO provides specialized services for worldwide GFS and Groupe BPCE.

**Main tasks and goals**:
**Key Responsibilities**:

- Management of invoices received from brokers and for invoices relative to the fees, legal fees and issuance of expenses.
- Data reconciliation (Brokerage Commissions) between Front-Office and Back Office systems.
- Discrepancy analysis, with the correspondent correction requests to the relevant team.
- Validates and processes invoice payments to Brokers / Suppliers.
- Follow up of any overdue / delayed payment, actively communicating to internal / external stakeholders if needed.
- Production of data reports on Brokerage Fees consumption, Broker Vetting Status and any other relevant metric.
- Follow up on Brokers new onboarding, current vetting status and correspondent rates being applied through the Fee Schedule.
- Issuance of Accounting Journals related with cash receivables and/or
- Monitorization of Cashflow / Accounting entries, with correspondent matching in Back Office System
- Process collected/declared VAT in a monthly basis
- Act as the Team Leader backup in case of projects follow-up, performance controls, oversight preparations and others.
- Supervise / act as a Trainer within the team, by providing follow-up training and assistance to new members.
- Ensure the quality control on the internal procedures and other relevant data. Produces internal documents, such as user Guides or Procedures.
- Escalates any Operational topic to Management / Senior Management
- Takes action in reducing the team’s Provision level each Quarter, by investigating breaches or escalating overdue invoices.
- Is involved in Operational Decisions, and to provide technical advice / knowledge transfer to different stakeholders.

**Qualifications**
- Degree in Finance, Economics, Management or related field.
- 5-7 years of experience in a Financial or banking Operations role.
- Knowledge of Baking Operations and/or Financial Products is mandatory.
- Excellent communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Strong analytical and problem-solving skills.
- Strong sense of diplomacy and effectively managing sensitive information
- Strong attention to detail and strong organizational skills.
- Intermediate to advanced knowledge on SWIFT Network (MT103, MT202 and/or MT199)
- ** Good knowledge of English, both written and verbal (mandatory) French is a plus.**:

- Intermediate to advanced Excel skills (Pivot Tables, Conditional Formatting, advanced formulas). VBA is a plus.

**We will only consider English Cv's.**
**Additional Information**
Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto’s most typical neighborhoods. This Purple Day is going to be a busy one: daily meeting ensuring all