27th May 2019
Principal Lending – Billing
Line / Function:
Market and Financing Services
of Direct Reports:
a brief description of the overall purpose of the position, why this position
exists and how it will contribute in achieving the team’s goal.
Associate, Associate Level 1
and Sr. Associate will be responsible for performing daily tasks related to Principal
Lending Billing process carried out in the Principal lending department. He/
She will be working closely with Paris management, Front office and external Brokers as part of
their daily tasks and will report to the Team Manager in Chennai.
Check and edit the invoices
Send all the invoices to the brokers at the
beginning of the month
Investigate and solved all the price breaks
with the front office, the settlement team and the corporate action team.
Agree with brokers the final figures to
receive and follow the payments of the broker.
Send correct client reporting
¡ Understand/get trained in each
function you manage in the processes and be a single point of contact (SPOC)
for your respective teams.
¡ Check and send the Broker Fee
reports to all the Clients as part of agreement without breach.
¡ Generate the fee statements, check
and send the broker invoices to the brokers at the beginning of the month
¡ Perform control tasks required for
the process, double check and confirm the completion of tasks within the
deadline in line with daily checklists.
¡ Procedures and checklists must be
updated/ prepared with immediate effect to be in-line with delivery standards
¡ Exhibit an understanding and
contribute to the decision making process of the management team, through
providing feedback and ideas, attending assigned meetings and following up on
¡ Represents and be an active
participant on all team leader’s meetings and ensure all issues are addressed
to various stakeholders.
¡ Anticipate issues that may adversely
affect Operations and propose possible solutions
¡ Constantly improve business
knowledge through training and multi-skilling and ensure team members are
cross-trained across various functions in the team.
¡ Assist your management with any ad
hoc queries/tasks and projects.
Technical & Behavioral Competencies
¡ Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
¡ Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines
¡ Proficient in Microsoft Office Applications and strong MS Excel skills required.
¡ Securities Lending knowledge will be an advantage