At a Glance
- Tasks: Support brokerage rates administration and client queries in a dynamic team environment.
- Company: Join TP ICAP, a leading global brokerage firm based in Belfast.
- Benefits: Gain valuable experience in finance with opportunities for growth and development.
- Why this job: Engage directly with clients and enhance your analytical skills in a fast-paced setting.
- Qualifications: Attention to detail, strong communication skills, and proficiency in Microsoft Office required.
- Other info: EU work permit is necessary; ideal for those looking to kickstart their career in finance.
The predicted salary is between 28800 - 43200 £ per year.
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Brokerage and Investigations Analyst, Belfast
Client: TP ICAP
Location: Belfast, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: cd8d0205183a
Job Views: 7
Posted: 03.03.2025
Expiry Date: 17.04.2025
Job Description:
Role Overview
The primary responsibility of the Brokerage and Investigation department is to support the business for the administration of brokerage rates for Global Broking in Europe. The department is composed of three key functions, all of them are closely linked together and all team members will be trained to perform all key functions: (i) documentation of our fee schedules, (ii) maintenance of those fees into our systems, and (iii) investigation of queries raised on our invoices.
This is a client-facing role where you will interact directly with clients on brokerage-related queries.
Role Responsibilities
- Brokerage Management
- Provide central documentation for all brokerage rates.
- Ensure the proper documentation and storage of the agreed brokerage rates, adhering to company standards in terms of approval and governance.
- Respond to requests from customers, business, Chief Pricing Officer, other support departments, and audit for new, amended, or copies of current fee schedules or venue rate cards.
- Notify appropriate personnel within the firm as well as customers of new/amended agreements.
- Engage with relevant departments to automate the brokerage rates or ensure that a manual process is implemented.
- Liaise with clients to follow up on their queries and send them relevant brokerage letters.
- Brokerage Data Management
- Input brokerage fees in the relevant systems for new/amended rates and discounts.
- Perform 4 eyes checks for the new rates input and regular ad-hoc checks on discounts and rates to ensure the reliability of our data.
- Suggest technical enhancements to the systems and work towards centralization of the brokerage rates.
- Ensure the effective and efficient management of trade investigations raised by clients following the review of their invoices, liaising with appropriate departments to solve them.
- Perform the brokerage checks requested by the audit.
- Track and analyze the transactions where brokerage has been input manually.
- Suggest improvements to the systems and processes.
- Design and implement reconciliations and MI/KPIs to support our business and evidence controls.
- Ensure that processes are documented and, where possible, that processes are aligned across business lines and entities.
- Be responsible for the evolution of the function and any improvements of processes.
Experience / Competences
- Demonstrates excellent attention to detail, possesses high organization skills & a proactive approach.
- Demonstrates strong analytical ability and problem-solving skills.
- Demonstrates the ability to work effectively in a high-pressure environment.
- Highly effective written & oral communication skills; adapts communication style to suit the audience.
- Shows evidence of being comfortable working in fast-paced or pressured environments.
- Skilled in Microsoft applications software (Word, Excel, PowerPoint, Outlook).
- Knowledge of financial markets.
- Previous experience in a similar organization.
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Brokerage and Investigations Analyst employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Brokerage and Investigations Analyst
✨Tip Number 1
Familiarize yourself with the financial markets and brokerage operations. Understanding the nuances of brokerage rates and how they impact clients will give you an edge during interviews.
✨Tip Number 2
Highlight your analytical and problem-solving skills in conversations. Be prepared to discuss specific examples where you've successfully navigated complex issues, especially in high-pressure environments.
✨Tip Number 3
Practice your communication skills, both written and oral. Since this role involves client interaction, being able to convey information clearly and adapt your style to different audiences is crucial.
✨Tip Number 4
Showcase your proficiency in Microsoft applications, particularly Excel. Being able to demonstrate your ability to manage data effectively will be a significant advantage in this role.
We think you need these skills to ace Brokerage and Investigations Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Brokerage and Investigations Analyst position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to reflect the specific skills and experiences that are relevant to the role. Emphasize your attention to detail, analytical abilities, and any previous experience in financial markets or similar organizations.
Craft a Strong Cover Letter: Write a cover letter that showcases your communication skills and explains why you are a great fit for the position. Mention your proactive approach and ability to work under pressure, as these are crucial for this role.
Proofread Your Application: Before submitting your application, carefully proofread all documents to ensure there are no errors. A polished application reflects your attention to detail and professionalism, which is essential for this position.
How to prepare for a job interview at TN United Kingdom
✨Showcase Your Attention to Detail
In this role, attention to detail is crucial. Be prepared to discuss specific examples from your past experiences where your meticulous nature helped prevent errors or improved processes.
✨Demonstrate Analytical Skills
Since the position requires strong analytical abilities, come ready to solve a sample problem or case study during the interview. This will showcase your problem-solving skills and how you approach complex situations.
✨Communicate Effectively
As this is a client-facing role, practice articulating your thoughts clearly and concisely. Tailor your communication style to different audiences, and be ready to provide examples of how you've successfully interacted with clients in the past.
✨Familiarize Yourself with Financial Markets
Having knowledge of financial markets is essential for this position. Brush up on current trends and be prepared to discuss how they might impact brokerage rates and client interactions.