Wbcg:fig - Fund Services - Fund Accounting

3 days ago

Mumbai Maharashtra, India Axis Bank Full time

Please note that the position will be in Ruby, Mumbai and for second shift 3 pm to 11 pm. This is a completely work from office role.

WBCG:FIG - Fund Services - Fund Accounting

About - Wholesale Banking

The Wholesale Banking Coverage Group (WBCG) focusses on doing business with customers such as the Government, Strategic, large and mid-corporates and the SMEs across industries like Infrastructure, Engineering, Chemicals, Oil and; Gas, Metals, têxtiles etc. The Corporate lending business emphasizes on doing business with higher rated corporates with a focus on garnering a higher share of the cash flows by providing working capital facilities.
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 Role
Fund Services [FS] - Fund Accounting

The 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 Responsibilities

1) To manage the day-to-day operations of a small-to medium-sized fund accounting client.
2) 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, etc
3) Responsible for accurate calculation and Dissemination of NAV.
4) To ensure transaction processing and client deliverables as per agreed SLA, monitoring and ensuring implementation of all relevant regulatory changes
5) To liaise with all internal and external stakeholder including clients for all required data and support
6) To handle client’s audit and related requirements
7) To handle escalations if any and ensuring high customer satisfactions score
8) To conduct UAT and system testing for system enhancements or new requirements

Qualifications
- CA / CFA /Inter CA/ MBA/Graduate with prior experience in a similar role for 4+ years
- NISM 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 skills
- Good knowledge of SEBI & RBI regulations & policies in the relevant areas
- Solution oriented Team player
- Proactive in learning & self-development
- Preferred to have expertise in MSOffice, Wealth Spectrum and Multi Fond system

  • Mutual Fund Sales Executive

    3 days ago

    Andheri, Mumbai, Maharashtra, India Mutual fund Full time

    Work from office - Location: Andheri, Mumbai - Graduation is mandatory - English+ Hindi languages preferred - Age limit:30 - Offline interview - Mutual funds sales executive with 1-2 years of experience is a must - Contact on WhatsApp: 7019815945 **Job Types**: Full-time, Permanent, Fresher Pay: ₹300,000.00 - ₹400,000.00 per year **Benefits**: -...

  • BlackHill Fund

    4 weeks ago

    Mumbai, India Blackhill Fund Full time

    JOB DESCRIPTION -Principal (Investor Relations)BlackHill Fund Management LLP (https://blackhillfund.com) is the Investment Manager of BlackHill Fund I, a growth fund employing both PE and VC strategies to generate returns. BlackHill Fund I is a SEBI registered Category II Alternative Investment Fund (AIF) with a target corpus of INR 500-750 crore. BlackHill...

  • Principal (Venture Fund)

    5 days ago

    Mumbai, India Artha Venture Fund Full time

    **Description** The role holder should have been responsible for leading finance/ operations of the startup OR experience in a venture capital firm. Experience in fundraising, portfolio management, and deal sourcing. She/he must have exposure towards raising funds through LPs, which will assist in the portfolio company’s growth and success. She/ he should...

  • Fund Accounting

    6 days ago

    Mumbai, Maharashtra, India ACME SERVICES PRIVATE LIMITED Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Fund AccountingPrepare and maintain accurate fund financial records, including daily, monthly, and annual accounting tasks.Record and reconcile fund transactions, including investments, income, capital calls, distributions, and valuations.Ensure timely and accurate calculation of Net Asset Values (NAVs) for the funds.Perform daily reconciliation of fund cash...

  • Fund Services

    5 days ago

    Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** Introductory market language** Take a lead role in acquiring, managing and retaining meaningful relationships that deliver outstanding experience to our customers **Job Summary** As a Fund Services member within the JP Morgan Fund Services Trades Team, you will play a crucial role in managing trade capture, validation, and review of...

  • Fund Servicing

    1 week ago

    Mumbai, Maharashtra, India JPMorganChase Full time

    Join a dynamic team at J.P. Morgan, where innovation meets compliance. Our Compliance Reporting Services empower asset managers and trustees to efficiently manage investment rule violations, showcasing industry best practices. Be part of a global network serving sophisticated investors with $2 trillion in assets. **Job Summary**: As a Compliance Analyst...

  • Fund Accounting

    5 days ago

    Mumbai, India Linedata Services Full time

    Client Services- Mumbai- Hybrid**About Us** **WHY Linedata?** Linedata is an award-winning software solutions company. We believe finance matters to our society as much as energy to life and fueling financial transformation is vital for development and leadership. **We humanize technology**: We are passionate experts who provide investment management and...

  • Fund Servicing

    4 days ago

    Mumbai, Maharashtra, India Chase- Candidate Experience page Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Join JPMorganChase as a Fund Servicing Associate II and be at the forefront of enhancing our operational services in fund accounting and administration. This role offers a unique opportunity for career growth and skill development, as you collaborate with a dynamic team and contribute to impactful solutions. Experience the benefits of being part of a leading...

  • Fund Servicing

    1 day ago

    Mumbai, Maharashtra, India JPMorganChase Full time

    **JOB DESCRIPTION** Join JPMorganChase as a Fund Services Associate I and become an integral part of our dynamic team. This role offers a unique opportunity to enhance your career by working closely with operations, financial controllers, and external partners. You'll be at the forefront of ensuring smooth fund servicing operations while contributing to...

  • Fund Accounting

    4 days ago

    Mumbai, Maharashtra, India Greenland Investment Management Full time ₹ 1,20,000 - ₹ 3,00,000 per year

    Job Overview:Strong knowledge of offshore Fund Accounting, Operations, Fund Valuation, Allocation and NAV finalization.Strong grasp of derivatives and related operations and accountingDeliver accurate and timely production and delivery of reporting to clients by ensuring efficient and accurate trade processing, security valuation, financial statements...