Avp Fund Accounting

**Position Purpose**

**Direct Responsibilities**
He / She will be expected to run the operational areas on a day to day basis for team of 30 - 75 FTEs.
The role requires very strong Organizational and People Management skills
Previous experience of running a large Operational area on an International basis is essential.
Demonstration of commitment to continuous process improvement is required.
The position interfaces with other Senior Managers, Business Analysts, Business Managers, Relationship Managers, Clients and other Securities Services Offices in Europe and Asia.
The position interfaces with International Team Members of organization and its Clients or Vendors
Effective and Strong Communication Skill required for this leadership role
Ensure all the documentation is in place w.r.t Risk mitigation and Control.
Ensure all Audits are managed properly and zero findings reported.
Prioritize the work and conduct investigation with due diligence on all the discrepancies.
Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.
Ensure all the necessary training is been provided to the team members to perform the relevant tasks.
Strictly adhere to Key Performance Indicators for the process and achieving the same on a regular basis.
Closely work with business head to achieve the management objectives set for the business
Work on strategic development projects for business transformation, etc.
Prepare monthly reports on the team performance and present to Management.
Solid technical understanding of Fund Accounting / Fund Services functions is expected.

**Contributing Responsibilities**
Direct involvement in integrating new business & actives that will be transferred from other locations to Chennai / Mumbai in the coming months and years
Grow the Chennai / Mumbai team according to plans
Develop strong working relationships with a network of counterparts in other Securities Services Locations and senior Management.
Ensure high level of communication network is established will all the departments within the business group.
Ensure that, client issues/concerns are addressed and resolved within the agreed timelines.
Ensure high level of service has been delivered to the Clients of the organization.
Ensure all the deliverables of the process are met and maintained as per the service agreement.
Defining the Key Performance Indicators for the process and achieving the same on a regular basis.
Ensuring the delivery of quality services to clients with consistent green KPIs
Manage and reduce operational risk, error costs must not exceed 1% of NBI
Continue to develop a strong layer of Middle management and succession planning
Prioritize the work and conduct investigation with due diligence on all the discrepancies.
Manage staff to take corrective measures/actions.
Delegating the tasks to the Senior Managers and other team members.
Ensure all the necessary training is been provided to the team members to perform the relevant tasks.
About 10+ years of Audit, Control, Risk or similar experience, in banking industry preferred Process to maintain and update Key/Standard Operating Procedures for each process migrated to Chennai / Mumbai Hub.
Continue to ensure sufficient Risk & Control process are in place - Continually working towards process improvements and efficiency savings and optimisation of costs

**Technical & Behavioral Competencies**
Overall 13 years plus experience with at least 10 years+ in FA Domain
End to End exposure in Fund Accounting Stream with knowledge of Hedge Fund Accounting, Pension Funds, etc.
Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.
Interest and Experience in FA Operational Transformation
Business Migration Expertise
Must have handled Business Continuity Exercises
Resources Hiring and Training Skill - Internal and External Audit Management
Re-engineering of Legacy Processes
Adequate understanding of FA System Data Flow
Be able to express ideas effectively in individual and group situations
Ability to work in an organized manner.
Generate creative solutions to problems.
Always looks for ways to improve services and processes.
Be able to adapt to markets and clients evolution.

**Specific Qualifications**:
Graduates / Post Graduates (M.Com/MBA Finance preferred)

**Skills Referential**
**Behavioural Skills**:
Decision Making Critical thinking Attention to detail / rigor Personal Impact / Ability to influence

**Transversal Skills**:
Ability to understand, explain and support change Analytical Ability Ability to manage a project Ability to anticipate business / strategic evolution Ability to inspire others & generate people's commitment

**Skills Required**:
Fund Accounting;Nav calculation

**Location**

Mumbai / Chennai

**Years Of Experience**

12 to 20 Years