Client Fee Billing - Brokerage - Bank

The Cost of Income Operations team is responsible for the verification, processing and settlement of the Bank's OTC brokerage and agent bank invoices.

The Brokerage Team within Cost of Income Operations is responsible for the verification, processing and settlement of the OTC Bank's broker invoices.

The team covers a broad range of brokerage fees across multiple asset classes.

The main function performed by the team is to process invoices billed by the Bank's brokers. These are to be processed in an accurate and timely fashion. Specifically, primary focus is on the FX, EDG, FI, IRD/CDS and Commodities asset classes. This requires liaising with global colleagues across Infrastructure and the Front Office and also managing relationships with external brokers and other stakeholders. The AVP leading the team has responsibility for ensuring the team are successful in executing this function. They will also be heavily involved in defining and the driving the strategy for the function and actively engaging in the change programme, designed to ensure the team operates to its maximum potential in achieving its aims.