Fee Consulting Analyst

  • Competitive
  • Los Angeles, CA, USA
  • Permanent, Full time
  • Capital Group
  • 19 Jan 17

Fee Consulting Analyst

Req ID: 6105
Experience Level: Professional
Other Location(s): Los Angeles (CA)
Relocation offered: Yes
Travel required: None

Come grow with us

At Capital Group, how we work is defined by shared values that include absolute integrity, respect and collaboration. But it's more than that. It's smart and highly driven people united in purpose to serve our investors and one another.

Bring your energy and unique perspective to Capital and you'll have the opportunity to grow with us professionally, personally, and financially. You'll be part of a team that genuinely cares about helping you succeed. You'll work alongside talented colleagues, many of whom build long careers while progressing through multiple roles, establishing lifelong friendships and making a difference in our communities. In return for your contributions, you'll receive premier compensation and benefits, and a company-funded retirement plan that ranks among the most generous.

Global Client Services (GCS) is a department that is within Capital Group's Investment Operations organization. GCS services Capital's institutional clients, prospects and intermediaries globally and supports global institutional marketing, sales and distribution teams. The mission of GCS is to deliver a superior client experience and enable the distribution of Capital Group's (CG) investment services globally.

As a Fee Consulting Analyst, based in Los Angeles, you will work independently on standardized and recurring assignments under the direct supervision of more senior staff and leadership on complex projects, analyses and tasks.

As a member of the Global Fee Consulting team, you will be a part of the group that is responsible for all aspects of investment management fees and pricing and provide fee consulting expertise globally to all areas of the business.

As a member of the team, you will be responsible for fee related information in marketing materials, new business books, contracts, and investment management agreements, and serve as an internal and external client contact for fees, billing, and pricing.

Primary responsibilities/essential functions:

 Develops hypothetical fee calculations, proformas and comprehensive marketing materials related to fees.

o Creates, utilizes and reviews complex spreadsheets to illustrate investment management fee structures and options to prospective and existing clients.

o Considers all CGC mandates, investment vehicles and investment management fees across the Institutional, Mutual Funds, Sub-advisory and Private Client Services groups in order to outline potential options to sales staff and provide superior service to clients while ensuring positive economical impact to CGC.

 Provides guidance and recommendations as it relates to management fees.

o Advises Global Institutional Operations Fee Services on complex fee structures relating to account set-ups, amendments or terminations to ensure accurate application of CGC fee policies.

o Reviews and recommends changes to fee related language such as fee schedules, compensation language and most favored nations language contained within contractual documentation.

o Provides cross-regional (Americas, Europe, Asia) guidance and recommendations to internal (Marketing, Legal, Investment Group) and external clients. Considers regional and product differences when making recommendations.

o Educates prospective and existing clients with regard to fee arrangements.

 Participates in projects and initiatives.

o Creates financial models to assess and communicate impact of proposed changes to all appropriate parties primarily for revenue and fee related projects.

o Identifies issues and new opportunities, develops and prepares detailed analyses, presents findings and recommends course of action to senior business leaders and various management committees.

o Performs competitive research in order to benchmark current fee structures to market and identifies trends on a regional or global scale in order to validate or propose changes as necessary.

 Develops new and amends existing fee structures.

o Creates and develops new fee structures as new offerings are rolled out, as well as reassesses current fee structures and recommends different options when pricing change is needed.

 Performs additional responsibilities as assigned.

Business & Technical Skills:

 Demonstrates a working knowledge of Investment Management fees and pricing.

 Demonstrates and applies a working knowledge of the investment management industry as it relates to mandates, investment vehicle structures, investment management fees, third party costs, competitive landscape, reporting and regulatory environment.

 Demonstrates a working knowledge in differing CG business models, current and possible future policies, practices, trends, technology and information affecting the department/business area.

 Demonstrates intellectual curiosity and analytical skills in areas of moderate complexity.

 Demonstrates ability to analyze data and information.

 Demonstrates ability to lead and manage projects within a team.

 Demonstrates the ability to identify, assess, respond to and escalate risks or potential risks encountered through day-to-day activities.

 Comfortable manipulating large amounts of data in tools such as Microsoft Excel with a high degree of accuracy and attention to detail.

o Creates and develops new fee structures as new offerings are rolled out, as well as reassesses current fee structures and recommends different options when pricing change is needed.

 Performs additional responsibilities as assigned.

Business & Technical Skills:

 Demonstrates a working knowledge of Investment Management fees and pricing.

 Demonstrates and applies a working knowledge of the investment management industry as it relates to mandates, investment vehicle structures, investment management fees, third party costs, competitive landscape, reporting and regulatory environment.

 Demonstrates a working knowledge in differing CG business models, current and possible future policies, practices, trends, technology and information affecting the department/business area.

 Demonstrates intellectual curiosity and analytical skills in areas of moderate complexity.

 Demonstrates ability to analyze data and information.

 Demonstrates ability to lead and manage projects within a team.

 Demonstrates the ability to identify, assess, respond to and escalate risks or potential risks encountered through day-to-day activities.

 Comfortable manipulating large amounts of data in tools such as Microsoft Excel with a high degree of accuracy and attention to detail.

Competencies:

 Balance Stakeholders - Anticipating and balancing the needs of multiple stakeholders.

 Manages Ambiguity - Operating effectively, even then things are not certain or the way forward is not clear.

 Manages Complexity - Makes sense of complex, high quantity and sometimes contradictory information to effectively solve problem.

 Financial Acumen - Interpreting and applying understanding of key financial indicators to make better business decisions.

 Decision Quality - Making good and timely decisions that keep the organization moving forward.

 Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.

 Communicates Effectively - Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Working conditions:

 This role may require the need to work earlier or later than the regularly scheduled hours.

Company Overview:
Founded in 1931, Capital Group is one of the world's largest and most trusted investment management companies and home to the American Funds. We manage more than US$1.39 trillion in assets, and our 7,500 associates make our clients their first priority every day. When we do our job right, millions of investors around the world fulfill their dreams and financial goals, from home ownership and higher education, to a comfortable retirement. Our long-term investment results and outstanding service set us apart from our competitors, while our workplace sets us apart from other employers.