01Overview
Job Description:
POSITION: Manager/Deputy Manager Distributor Operations
Reports to (Position): VP Operations
Position Purpose: To support the Brokerage/Distributor operations services activity of the India Mutual Fund business.
Principal Accountabilities: Executing the Distributor operations activities for the Mutual Fund Knowledge of SEBI/AMFI regulations/guidelines
Ensure proper implementation of the brokerage structure in line with the regulations
Ensure brokerage structures are provided to RTA on time for facilitating computation
Obtain necessary documents from distributors to facilitate for timely payment of brokerage
Validating commissions as computed by RTA, coordinating to ensure timely and accurate payment of commissions, maintaining records of commission payments
Evaluate opportunities to automate manual processes.
Resolution of Distributor queries / Grievances.
Servicing internal stakeholders by providing them with relevant distributor related data.
Preparing Brokerage MIS for senior management review
SEBI and other Regulatory reports preparation and submission
Operations Support
Knowledge of SEBI/AMFI Mutual Fund Regulations/guidelines
Coordinating with auditors during audits and responding to audit observations by carrying out necessary change in processes
Knowledge, Skills and Expertise
Minimum 2/3 years experience in distributor operations for a Mutual Fund / AMC
Understanding of SEBI Regulations and AMFI guidelines
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 2/3 years of experience in distributor ops of an Asset Management Company / Mutual Fund .