Deputy Manager Operations Registrar and Banking operations (Mutual Fund), Mumbai

Job Description:

POSITION: Executive/Deputy Manager – Operations
Reports to (Position): VP – Operations

Position Purpose:

To support the Registrar & Banking operations services activity of the India Mutual Fund business.

Principal Accountabilities: Executing the Banking operations activities for the Mutual Fund

 Coordination with Banks for opening/closing scheme accounts and providing online access of the accounts to all the users.
 Tracking of subscription inflows in various collection bank accounts and updating the same in the inhouse application to provide timely and accurate cash flow reports to investment team. Initiating RTGS/NEFT/Fund transfers bank instructions (manual and physical) to various banks.
 Handling Redemption, Dividend, & refund payouts, tracking of Rejection & issuing of warrants/DD.
 Strong ability to review and resolve breaks in reconciliation (Dividend/Redemption/Refund/Subscription) Coordination with Service Providers
- Registrar coordination for processing of Investor transactions
- Review and Resolve queries from Investors / Distributors/Sales/Branch Team
- Co-ordination with Exchanges for scheme master set up and investor transactions.
- Co-ordination with service providers like RTA, Exchanges, Depositories, etc for new scheme launch up 
Operations Support
 Knowledge of Mutual Fund Regulations
 Handling Internal, Statutory audit & Regulatory audit

Knowledge, Skills, Competencies, Certifications

 Minimum 2 years’ experience in branch operations for a Mutual Fund / AMC
 Knowledge of Registrar, banking, depository processes
 Understanding of SEBI Regulations
 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 2years of experience in RTA/branch ops of an Asset Management Company / Mutual Fund

Desired Profile / Criteria / Skills :

CA, Post Graduate, Graduate with 1-3 years of experience in Financial Service sector

WORK EXPERIENCE/KNOWLEDGE:

• Minimum of 1 years experiences in operations role
• Preferably from Mutual Fund or financial sector with some knowledge of Registrar, banking, depository, brokerage, KYC documentation, fee and commission calculation etc.
• Understanding of current Tax, GST, Stamp Duty environment for investment in India
• Understanding of current regulatory environment for financial services in India
•  Good understanding of Excel and other reporting tool

Personal Characteristics and Behaviours:

• Ability to conduct proper analysis and present data in a meaningful way
• Focussed approach and detail orientation
• Team player who thrives in a collaborative work environment
• Open minded, flexible, and willing to listen for other people’s opinions
• Interpersonal skills necessary to effectively communicate with a variety of individuals
• Excellent verbal and written communication skills