01Overview
Job Description:
POSITION: Senior Manager- PMS Operations (Wealth Spectrum is must)
Reports to (Position): EVP-Investment Operations (Dotted reporting to VP Investment Operations)
Business Unit: Investment Service FTE:
Location: Mumbai
Education Background Chartered Accountant
Key Responsibilities
PMS Domestic Operation:
Fund Accounting 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
Key Requirements
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
Internal Contacts
Fund Management
Internal Team -Treasury Settlement and Cash Management
Banking Operations
Finance
Compliance
External Contacts
Fund Administrators
Custodian
CRISIL/ICRA
SEBI/AMFI
Industry Players .
