Sr. Manager-Domestic PMS Ops (Wealth Spectrum) Fund Accounting, Subscrip, Redem, Trade Settlement, Mumbai

Job Description:

POSITION: Senior Manager / AVP – PMS Operations
Reports to (Position): Vice President - PMS Operations
Business Unit: PMS Operations FTE:
Location: Mumbai Date:
Education Background

Post Graduate, Graduate

Principal Accountabilities:

PMS Domestic Operation:
 Fund Accounting – PMS Operations viz. Subscription, Redemption & Trade Settlement
 Accounting of Corporate Action viz. Dividend, Bonus, Rights
 Bank Reconciliation / Holding Reconciliation
 Account opening and KYC processing
 Liaising with auditors (Internal & Statutory) with respect to providing data as per requirement
 Client & distributor query resolution
 Distributor commission working, Performance fee working
 Client account audit completion, providing data for audit, query solving
 MIS preparation on monthly or at required frequency, EOD & BOD activities, preparing Peak margin instructions
 Regulatory & compliance reporting on monthly, quarterly, and other regular frequency Offshore Operation:
 Computation of advisory fees on the basis of specific rates
 MIS preparation including returns calculation for specific period, Average AUM etc

Knowledge, Skills, Competencies

Knowledge of settlement, AUM calculation, KYC documentation, brokerage
calculation, distributor & broker empanelment, Regulatory reporting, PMLA
guidelines, Regulatory guidelines (SEBI, APMI), etc.
Should be familiar with “Wealth Spectrum”

Preferred Industry Experience

5 + years preferably from PMS, Mutual Fund or financial sector