WHO WE ARE:
As experts in global fund distribution, MFEX by Euroclear offers a complete solution for fund companies and distributors. With assets under administration of EUR 320 billion, MFEX is one of the leading B2B fund platforms. Over 350 institutional clients (including banks and insurance companies) use MFEX to access one of the world's largest range of funds with 80,000 funds from over 960 fund companies. MFEX offers complete transparency between distributors and fund companies.
In September 2021, MFEX became a part of the Euroclear Group, one of the world’s largest providers of domestic and cross-border settlement and related services for bond, equity, ETF and mutual fund transactions, creating a new funds market utility.
The MFEX Group is headquartered in Stockholm and has offices in Paris, Luxembourg, London, Dublin, Geneva, Zurich, Milan, Madrid, Milan, Umea, Singapore, Hong Kong, and Kuala Lumpur. The main supervisory authority is the Swedish Financial Supervisory Authority (Finansinspektionen).
MFEX by Euroclear was founded over 20 years ago and is now active in 52 countries on 5 continents with more than 300 employees. The company is divided into four main business areas:
1. Trading and custody,
2. Distribution agreement and rebate collection,
3. Data and fund information,
4. Due Diligence / AML & KYC (Global Fund Watch)
More information available at www.mfex.com
We are committed to creating an inclusive culture that celebrates diversity and strive to be a great workplace for all. All qualified applicants will be considered for employment, regardless of any aspect that makes them unique (including race, religion, national origin, gender, sexual orientation, age, marital status, pregnancy, disability, ...). If you need any specific accommodation due to disability or any other reason, you can let the recruiter know during your application process.
To support our Global Business and operations department based in Paris, we are looking for a Back Office Specialist (M/F) –permanent contract - to join our very dynamic organization.
This function is suited to someone with a real motivation, hands-on attitude and able to propose creative solutions in a “start-up” working spirit.
Operations Department is in charge of relationship with fund management companies and distributors or other entities such as custodians, accounts holders, transfer agents…
Back-office specialist is mainly in charge of rebates collection and distribution.
WHAT YOU WILL BE RESPONSIBLE FOR (but not limited to):
As back-office specialist you will be responsible for managing rebates collection from an end to end perspective for fund companies in your portfolio:
Managing day-to day operations for fund company invoicing and working directly with fund company to resolve any issue.,
Controlling data quality for sent invoices, and reporting such as provisional or input data as positions, movements, …
Controlling payments, received from funds management companies and transferred to distributors
Maintaining and increasing the pace of fee collection
Administrating the calculation tool for your companies scope,
Ensuring, in relation with other MFEX teams, the correct onboarding of new clients and the quality of customer experience,
Improving external and internal process on daily basis
Maintaining perennial documentation