Junior Brokerage Officer

Junior Brokerage Officer
Porto
Porto, Porto District, Portugal

? Who are we?

As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in the fields of Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 980 expert consultants, representing 35 different nationalities, collaborates across 10 international offices: Paris, Lyon, New York, Montreal, London, Brussels, Geneva, Lisbon, Porto and Casablanca. Committed to sustainability (Ecovadis Gold), diversity (gender index: 92%), and quality of work life (Best Workplace Experience), Quanteam is a
- thinking enterprise.

? Our Expertise

With a dual expertise in both business and IT, Quanteam supports its corporate clients (investment banks, asset management companies, private and retail banks, custodians, etc. ) across the entire Front-to-Back spectrum in evolving their business activities and transformation projects.

Our teams are organized into 5 expertise areas:

➡ Quantitative Finance

➡ Risk, Compliance, and Regulatory

➡ Operations and Finance

➡ Transformation and Organization

➡ Information Systems

In 2023, Quanteam generated a revenue of €74. 6 million.

? We are looking for a Junior Brokerage Officer

Main tasks

• Manage invoices received from brokers and invoices related to fees, legal expenses and bond issuance costs
• Reconcile brokerage commissions data between Front Office and Back Office systems
• Perform discrepancy analysis and submit correction requests to the relevant teams
• Validate and process invoice payments to brokers and suppliers
• Follow up on overdue or delayed payments, communicating with internal and external stakeholders when necessary
• Produce reports on brokerage fees consumption, broker vetting status and other relevant metrics
• Monitor broker onboarding processes, vetting status and applicable rates according to the fee schedule
• Issue accounting journals related to cash receivables
• Monitor cash flow and accounting entries, ensuring proper matching in Back Office systems
• Process collected and declared VAT on a monthly basis

Your Profile and Skills

• Degree in Finance, Economics, Management or a related field
• 1–3 years of experience in financial or banking operations
• Knowledge of Banking Operations and/or Global Markets products
• Strong communication and interpersonal skills
• Ability to work independently and collaboratively within a team
• High attention to detail and strong organizational skills
• Basic knowledge of the SWIFT network (MT103, MT202 and/or MT199)
• Good command of English (written and spoken);
  
  French is a plus
• Basic to intermediate proficiency in Excel

? If you feel this opportunity is for you, send your CV and join our team!