Analyst, Revenue Operations
Schroders
Analyst, Revenue Operations
Schroders
Global asset manager; manages investments
Analyst, Revenue Operations - 12 Months Fixed-Term-Contract (ASAP)
About us
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.
Who we’re looking for
We are looking for a motivated individual who will report to the Finance Revenue Operations Team Leader within the Finance department.
The Finance Revenue Operations Analyst is processing the Schroders Group gross revenue earned from client investments into pooled funds in the UK, Europe, APAC and the US. Pooled fund fees are charged directly in the fund accounts and generated either by third party providers or through Schroders’ process.
The Finance Revenue Operations Analyst also performs calculations, reconciliations, accounting and reporting of rebates due to intermediaries globally. Rebates are a form of discount typically of the management fees charged upfront in the pooled funds. The scale of the discount is determined in fee schedules which are part of the contractual arrangement that Schroders enters with its counterparties.
In the past 15 years, the Schroders Group Finance function has expanded the role of the Finance Operations team in Luxembourg, creating a global center of competence for the processing and booking of fees earned from pooled funds, as well as rebates calculated and paid to intermediaries globally.
What you’ll do
Collecting gross fund fee reports from fund administrators (directly or via internal parties); perform completeness checks and accounting recognition of the revenue numbers into various subsidiary books
Setting up and maintaining financial terms including client, product and payment details
Performing rebate calculations including reconciliations between client invoices and Schroders internal results
Performing monthly reconciliations between the rebates accrued and paid at a granular client level
Answering internal/external queries arriving in the team’s mailbox
Providing informed statistics on volumes, complexity and effort
Maintaining accurate procedures whilst escalating any issues to the line manager
The knowledge, experience and qualifications you need
Bachelor’s degree in Finance, Business Administration, Economics or Data Science
At least 2 years of similar or relevant experience is required
Excellent computer skills (advanced knowledge of MS Excel)
Very good English communication skills
The knowledge, experience and qualifications that will help
Analytical and highly numerate
Ability to streamline functions
Fast learner who can implement system and process changes
What you’ll be like
You are driven, collaborative, able to deal with ambiguity
You are enthusiastic and emotionally resilient
We Recognize Potential, Whoever You Are
Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
We will consider flexible working arrangements for all roles and provide reasonable accommodation to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs. For more information, please visit our FAQs.
Advertised Salary: €42000 - 60000
Schroders is a global asset manager with a long history and offices in 27 countries. It manages assets for institutional and retail investors, wealth management clients, and financial institutions, aiming to grow long-term value for clients. How it works: Schroders pools money from clients and invests it across a range of asset classes through its investment teams, producing tailored portfolios and services such as portfolio management, wealth planning, and banking support. How it differentiates itself: it emphasizes aligning its goals with clients’ interests, scales to manage hundreds of billions of pounds in assets, and has a long-standing presence with a widespread global footprint and a focus on responsible corporate citizenship. Its goal is to help investors meet financial objectives by channelling money into the economy and delivering sustainable, long-term performance.
Explore more opportunities at Schroders