WBP:Fund Services

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About Wholesale Banking Product - Fund ServicesThe Wholesale Banking Products Department focuses on the gamut of corporate products viz. Current Account, CMS, Trade (Domestic & Cross Boarder) & Supply Chain Finance, Sector Solutions, Capital Account and Custody & Capital Markets; IPO & Escrows. Provides digital solutions with advanced technology. Manages business strategy and Sales & solutions. Gujarat International Financial Tec-City (GIFT) Fund Services is a niche segment focus on Domestic – PMS, AIF, MF, Insurance etc and offering Fund Accounting Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance in India and Gujarat International Financial Tec-City (GIFT)

About the RoleFund Services (FS) – Fund AccountingThe role is to execute and manage fund accounting operations for Mutual funds and Insurance funds and warrants relevant operational and regulatory knowledge, experience and fund accounting background. The role involves ensuring daily execution of NAV of Mutual Fund/Insurance fund schemes, ensuring complete and accurate daily/weekly/monthly client reporting as per SLA plus regulatory reporting, ensuring timely execution of assigned task, various MIS reporting to management, Handling client’s for regular and adhoc requirements and operational concerns, handling client’s and other audit, active participation in system developments and digital adoption

Key ResponsibilitiesTo manage the day-to-day operations of a small-to medium-sized fund accounting client.To manage the daily accounting and net asset value (NAV) production workflow to service multiple funds. To Handle daily activities which is inclusive and not exhaustive containing Capital accounting, trades processing, Income and Expenses accounting, corporate action benefits, Reconciliations, calculations of distributable surplus, Interest accruals and amortizations, equalization, capital gain loss, etcResponsible for accurate calculation and Dissemination of NAV.To ensure transaction processing and client deliverables as per agreed SLA, monitoring and ensuringimplementation of all relevant regulatory changesTo liaise with all internal and external stakeholder including clients for all required data and supportTo handle client’s audit and related requirementsTo handle escalations if any and ensuring high customer satisfactions scoreTo conduct UAT and system testing for system enhancements or new requirements

QualificationsCA FresherNISM certification in mutual fund module, Other Certifications in the relevant area would be an added advantage

Role Proficiencies:Positive and collaborative attitude with excellent interpersonal and communication skillsGood knowledge of SEBI & RBI regulations & policies in the relevant areasSolution oriented Team playerProactive in learning & self-developmentPreferred to have expertise in MSOffice, Wealth Spectrum and Multi Fond system

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