Sr. Manager- PMS Operations (Mutual Fund Industry) , Mumbai

POSITION:

Senior Manager - PMS Operations

Reports to (Position):

Vice President - PMS Operations

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

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