Deputy Manager- Mutual Fund Investment Operations and Cash Management, Mumbai

Job Description:

POSITION: Deputy Manager/Manager
Reports to (Position): Executive Vice President -Investment Operations
Business Unit: Investment Service FTE:
Location: Mumbai Date: August 4th,2025
Education Background Chartered Accountant, MBA, M Com or B com with relevant experience

Principal Accountabilities:

Trade Operations:

 Settlement of all trades in Equity, Gold ,SLR , Non SLR Securities and Money Market (Call, CBLO, Repo, LAF etc)
 Monitor the trade exception and to put efficient checks control for timely detection the error/deviation to ensure proper reconciliation of data
 Control over outstanding position in various systems and regular review and of the same.
 Corporate Action
 Broker empanelment and review
 Managing back-office processes in front office system BLOOMBERG AIMS
 Trade outstanding review and a strong control over the same
 Control over the Margin management for each type of security
 Liaising with Dealers, Fund managers, Registrar operations team, Custodian, Professional Clearing Member (PCM), Stock exchanges and Clearing corporations  Liaising with the Statutory Auditors, Internal Auditors and SEBI
Auditors pertaining to respective function
 Set up of new securities and new asset type that the fund is intending to deal .
 Implementation of new projects and changes brought because of regulatory or business requirement.
 Support all new initiatives and new assets including system development.
 Benchmarking similar industry practices and work towards implementation of best practise
 Identifying risk and implementing effective controls for various processes

Scheme Cash Management:

 Cash management of the schemes of Mutual Fund, monitoring and reporting of cash to various stakeholders
 Control over the Margin maintenance for each type of security.
 Regulatory expense payment control maintaining control over all scheme expenses payment.
 Liaising with Dealers, Fund managers, Registrar operations team, Custodian, Professional Clearing Member (PCM), Stock exchanges and Clearing corporations
 Review of reconciliation and a strong bank account control
 Liaising with the Statutory Auditors, Internal Auditors and SEBI Auditors pertaining to respective function
 Implementation of new projects and changes brought because of regulatory or business requirement.
 Support all new initiatives including Cash system development.
 Benchmarking similar industry practices and work towards implementation of best practise
 Identifying risk and implementing effective controls for various cash processes

Knowledge, Skills, Competencies

Knowledge, Experience

 Knowledge of securities market mechanism, operations, or Fund Accounting of local Funds
 MS office with special expertise in Excel, Bloomberg, and other related software 

Competencies

 Good communication & Interpersonal skills.
 High degree of integrity
 Ability to work autonomously but know when to escalate.
 Ability to perform under pressure.
 Resourcefulness and ability to use initiative.
 Commercial approach

Attributes

 To have an eye for detail is very important criteria.
 Able to build strong working relationships with colleagues and external parties.
 Capability to work in a collegial manner.

Preferred Industry Experience

 Ideally the candidate should have experience in the mutual fund space though not a pre-condition.
 If not from mutual fund space, the candidate could be drawn from the financial services space including insurance, commercial and investment banks, non-banking finance companies.

Internal Contacts

 Fund Management
 Internal Team -Treasury Settlement and Cash Management
 Banking Operations
 Finance
 Compliance

External Contacts

 Bankers and Custodian
 Clearing members

 Stock exchanges.
 Clearing Corporations