Stage - Fund Manager Operations Officer - Fund Channel H/F Amundi

Amundi Luxembourg is recruiting for its Fund Channel Luxembourg subsidiary.

About Fund Channel
By joining Fund Channel, you are entering in a leading financial sector!

We are a regulated B2B fund distribution platform created in 2005, jointly owned by founder Amundi and Caceis, based in Luxembourg. We have been ranked as the best European platform three years in a row, in 2022, 2023 and 2024. (source: Platforum)

Our mission is to provide a unique combination of business models, and innovative services to facilitate fund distribution, strengthen transparency and improve processes. We provide a marketplace ecosystem in which Assets Managers and Distributors have access and operate across a dozen different countries in Europe and Asia.

We are based on solid human relationships with clients, partners, and regulators.

Certainly, together we make fund distribution easier.

MISSIONS

To support our fund distribution business line, Fund Channel is seeking a Fund Manager Operations Officer.

The Fund Manager Operations (FMO) team is responsible for managing rebates on behalf of its asset manager clients, including the calculation, reconciliation and invoicing follow-up of rebates due to distributors.

Key Responsibilities :

- Produce monthly and quarterly rebate calculations for distributors within agreed deadlines.
- Reconcile assets under management based on distributor statements.
- Review and set up rebate conditions and distributor networks in the in-house system, in line with distribution agreements.
- Verify rebate calculations and payments, ensuring compliance with established procedures and internal controls.
- Investigate and follow up on distributor queries relating to calculations, agreements and payments.
- Prepare reports for asset managers, including monthly accruals, accounting payment interfaces and ad hoc reporting tailored to their needs.