Deputy Manager Operations Registrar and Banking operations (Mutual Fund), Mumbai
Job Description:
POSITION: Executive/Deputy Manager – Operations
Reports to (Position): VP – Operations
Position Purpose:
To support the Registrar & Banking operations services activity of the India Mutual Fund business.
Principal Accountabilities: Executing the Banking operations activities for the Mutual Fund
Coordination with Banks for opening/closing scheme accounts and providing online access of the accounts to all the users.
Tracking of subscription inflows in various collection bank accounts and updating the same in the inhouse application to provide timely and accurate cash flow reports to investment team. Initiating RTGS/NEFT/Fund transfers bank instructions (manual and physical) to various banks.
Handling Redemption, Dividend, & refund payouts, tracking of Rejection & issuing of warrants/DD.
Strong ability to review and resolve breaks in reconciliation (Dividend/Redemption/Refund/Subscription) Coordination with Service Providers
- Registrar coordination for processing of Investor transactions
- Review and Resolve queries from Investors / Distributors/Sales/Branch Team
- Co-ordination with Exchanges for scheme master set up and investor transactions.
- Co-ordination with service providers like RTA, Exchanges, Depositories, etc for new scheme launch up
Operations Support
Knowledge of Mutual Fund Regulations
Handling Internal, Statutory audit & Regulatory audit
Knowledge, Skills, Competencies, Certifications
Minimum 2 years’ experience in branch operations for a Mutual Fund / AMC
Knowledge of Registrar, banking, depository processes
Understanding of SEBI Regulations
Familiarity with technology, operating platforms, and software used in asset management industry
Effective knowledge of MS Word, Excel, and PowerPoint
Strong on analytics and problem-solving skills.
Aptitude for building positive relationships Certifications
NISM Series V - Mutual Funds Distributor Module certified
Competencies
Excellent Communication, both verbal and written
Collaboration – acts as a part of a team
Innovation & Continuous Improvement
Attributes
Communicates with confidence - able to listen and convey information effectively
Detail oriented
Proactive, with high levels of motivation and energy
Preferred Industry
Experience
Minimum 2years of experience in RTA/branch ops of an Asset Management Company / Mutual Fund
Desired Profile / Criteria / Skills :
CA, Post Graduate, Graduate with 1-3 years of experience in Financial Service sector
WORK EXPERIENCE/KNOWLEDGE:
- Minimum of 1 years experiences in operations role
- Preferably from Mutual Fund or financial sector with some knowledge of Registrar, banking, depository, brokerage, KYC documentation, fee and commission calculation etc.
- Understanding of current Tax, GST, Stamp Duty environment for investment in India
- Understanding of current regulatory environment for financial services in India
- Good understanding of Excel and other reporting tool
Personal Characteristics and Behaviours:
- Ability to conduct proper analysis and present data in a meaningful way
- Focussed approach and detail orientation
- Team player who thrives in a collaborative work environment
- Open minded, flexible, and willing to listen for other people’s opinions
- Interpersonal skills necessary to effectively communicate with a variety of individuals
- Excellent verbal and written communication skills
Key Skills :
Company Profile
It is an leading Global investment --- firm dedicated to delivering an investment experience that helps people get more out of life.
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