01Overview
Key Responsibilities
Transaction Processing
Process mutual fund subscriptions, redemptions, SIPs, STPs, SWPs, and switch transactions.
Validate investor requests and supporting documents.
Ensure timely and accurate execution of transactions as per cut-off timelines.
Handle corporate action-related transactions and fund distributions.
Banking Operations
Monitor and process fund inflows and outflows.
Coordinate with banks for payment processing and settlements.
Manage RTGS, NEFT, IMPS, and other payment mechanisms.
Ensure timely credit and debit reconciliation.
Reconciliation & Controls
Perform daily bank reconciliations and transaction matching.
Investigate and resolve reconciliation breaks.
Ensure adherence to internal controls and operational risk procedures.
Prepare operational MIS and exception reports.
Compliance & Regulatory Adherence
Ensure compliance with SEBI, AMFI, and RBI regulations.
Support AML, KYC, FATCA, and regulatory checks.
Maintain accurate records for audit and compliance requirements.
Assist during internal and external audits.
Stakeholder Management
Coordinate with Asset Management Companies (AMCs), RTAs, Custodians, and Banking Partners.
Resolve operational queries within agreed TAT.
Support client servicing teams on transaction-related issues.
Process Improvement
Identify process gaps and recommend automation opportunities.
Participate in operational excellence and quality initiatives.
Support implementation of new products and regulatory changes.
Experience & Qualification
Fresher / Associate
Bachelor's Degree in Commerce, Finance, Business Administration, Economics, or related field.
Strong analytical and numerical skills.
Knowledge of Mutual Funds and Capital Markets is preferred.
Fresh graduates are welcome.
Senior Associate / Assistant Manager
2 to 6 years of experience in Mutual Fund Operations, Banking Operations, Financial Services, or Capital Markets.
Working knowledge of fund settlements, reconciliation, and regulatory requirements.
Experience in handling operational controls and stakeholder coordination.
Deputy Manager
6+ years of experience in Mutual Fund Operations or Banking Operations.
Strong understanding of fund flow management, reconciliations, audit requirements, and regulatory compliance.
Experience in team handling and process management.
Ability to drive process improvements and operational excellence initiatives.
Required Skills
Technical Skills
Knowledge of Mutual Fund lifecycle and transaction processing.
Understanding of banking operations and payment systems.
Reconciliation and reporting expertise.
MS Excel (Pivot Tables, VLOOKUP/XLOOKUP, MIS Reporting).
Knowledge of SEBI, AMFI, KYC, AML, and FATCA guidelines.
Behavioral Skills
Attention to detail.
Strong communication skills.
Problem-solving and analytical thinking.
Time management and multitasking ability.
Teamwork and stakeholder management.
Technical graduates are not encouraged to attend this drive. .