Company Schroder Investment Management S.A.   Read our profile
Description: At Schroders, asset management is our business and our goals are completely aligned with those of our clients - the creation of long-term value. We manage £276.2 billion (EUR 354.4 billion/$447.7 billion) on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of asset classes across equities, fixed income, multi-asset and alternatives. We employ over 3500 talented people worldwide operating from 37 offices in 27 different countries across Europe, the Americas, Asia and the Middle East, close to the markets in which we invest and close to our clients.Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.
Address: 5, rue Hohenhof, L-1736 Senningerberg, Luxembourg  
Analyst - Fund Commission Services (fixed contract ending 31 December 2017)

The Finance department in Schroders Luxembourg is a global service centre for Schroder funds data, revenue and reporting and a regional service centre for financial control, accounts payable and tax support. It has two main areas:

(1)   Finance Operations: consolidating and reporting Group AUM & sales data from funds across 23 domiciles, calculating revenue and paying rebates across funds globally and generating the resulting accounting entries and providing the relevant analytical support to many Schroder Group entities globally.


(2)   Financial Control - Continental Europe: Preparing the monthly and annual accounts for Schroder Group entities in Continental Europe, delivering accounts payable and expense management services to a variety of businesses in the region, preparing tax and VAT returns in liaison with advisors and providing senior management support via relevant reporting, ad-hoc analysis etc.


The Fund Commission Analyst position will report to a team leader in the Fund Revenue & Commissions Services (“FRCS”) team within Finance Operations.


FRCS brings together the areas of gross fund fees processing, and intermediary rebates calculation for multiple fund locations.


FRCS collects gross fees (e.g. management, distribution, transfer agency fees, etc.) from the different fund accounting parties for Schroder funds domiciled in Luxembourg and other locations. Gross fees net of double dipping and after deducting the related commissions, are allocated to international sales offices, investment managers (internal / external) and investment desks in accordance with the Group transfer pricing policy.

Main Duties:

  • Setting up, maintaining and validating rebate agreements in the commissions system;
  • Setting up and maintaining client/distributor payment records;
  • Reviewing holdings, gross fees and commission accruals on a monthly basis;
  • Performing some manual rebate reconciliations between client own invoices/calculations and results out of the commissions system;
  • Answering client/sales office queries arriving in team’s mailbox;
  • Providing analysis and commentary to Finance teams and supporting other client facing teams;
  • Rolling out department initiatives and projects (streamlining processes, roll-out of systems, take-on of new locations, product change implementations etc.);
  • Maintaining accurate procedures;
  • Escalating any issues to the team leader.



Education & Training/Qualifications:

  • Basic degree/qualification in Economics or Finance;
  • At least 3 years of experience in the fund industry, with prior experience in a similar role being a requirement;
  • Strong English, with at least one additional European language (e.g. French, German, etc.);
  • Computer literate (MS Excel / Access) at an intermediary level;
  • Prior experience in a rebate calculation system would be an asset.


Skills/Core Competencies:

  • Analytical and highly numerate, able to grasp data relationships and turn them into business intelligence information;
  • Collaborative, team player, and proactive;
  • Self-starter, and fast learner who can implement process changes;
  • Self-motivated, enthusiastic, and emotionally resilient;
  • Service orientated with strong communication skills;
  • Excellent time and self-management skills, ability to prioritize and multitask;
  • Highly organised with the ability to work independently.


Location   Senningerberg
Payment Not communicated
Category Accountancy / Finance, Analysis / Project Management
Terms Contract, Full-time
Last updated 21/01/2017

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