Investment Ops Multi-focus P4

As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.

If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day

Job Description

Position Name: Deputy Manager

Department: Registrar & Banking Operation (MIS and Taxation)

Formal Education: (minimum requirement to perform job duties)
- CA, Post Graduate, Graduate with 1-3 years of experience in Financial Service sector

Work Experience/Knowledge:

- Minimum of 1 year experience in operations role
- Preferably from Mutual Fund or financial sector with some knowledge of Registrar, Fund accounting, banking, depository, brokerage, KYC documentation, fee and commission calculation etc.
- Special focus will be on the knowledge of the taxation aspect of mutual fund investors like capital gains taxation of various mutual fund products, TDS on dividend/capital gain, GST, STT, Stamp Duty, etc.
- Understanding of current regulatory environment for financial services in India
- Good understanding of Excel, Income tax queries/data requirements and other reporting tools.
- FATCA\CRS\TDS compliance understanding will be added advantage

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
- An Eye for details and ability to interpret and analyse new regulations pertaining to taxation, mutual fund operations, etc..

Job Responsibilities:
Coordinate/arrange/prepare, validate and upload\send reports for

Statutory purpose to SEBI, Income Tax dept, AMFI, RBI, etc.

Business / Management

Control on various tax filings like TDS returns, STT, FATCA/CRS, etc and also handling queries from IT department and rectification of returns. Coordinating with the tax consultants for various internal notes / tax reckoner / taxation clauses in SAI/SID/NFO, etc. and ability to comprehend the same. Scrutinizing various Registrar reports like daily transactions reports, AUM, MCR,dividend, redemption, TDS, Stamp Duty etc, highlight discrepancies, if any and get the same rectified Expense handling for the schemes and analysis of the same including monthly expense provisions. Outsourcing review of registrar All kind of audit coordination with registrars like a) Internal, b) Statutory, c) System, d) Cyber Security, e) Third party etc Coordination for various risk management reports & submission to CRO Back up coordination for commission, banking, unit control and reconciliation with Registrar, banks, depositories, other vendors Supporting new products and services

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

No

Workplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least four days a week, with two days working outside an Invesco office.

Why Invesco

In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.

We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).

What’s in it for you?

As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.

Our benefit policy includes but not limited to:

- Competitive Compensation
- Flexible, Hybrid Work
- 30 days’ Annual Leave + Public Holidays
- Life Insurance
- Retirement Planning
- Group Personal Accident Insurance
- Medical Insurance for Employee and Family
- Annual Health Check-up
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