Sr. Manager/ AVP- Domestic PMS Operations

5 days ago


Mumbai, Maharashtra, India Talent Leads Consultants Full time ₹ 12,00,000 - ₹ 36,00,000 per year


Job Description:

POSITION:



Senior Manager - PMS Operations



Reports to (Position):



Vice President - PMS Operations



Education Background



Post Graduate, Graduate



Principal Accountabilities:



PMS Domestic Operation:

  • Fund Accounting – PMS Operations viz. Subscription, Redemption & Trade Settlement
  • Accounting of Corporate Action viz. Dividend, Bonus, Rights
  • Bank Reconciliation / Holding Reconciliation
  • Account opening and KYC processing
  • Liaising with auditors (Internal & Statutory) with respect to providing data as per requirement
  • Client & distributor query resolution
  • Distributor commission working, Performance fee working
  • Client account audit completion, providing data for audit, query solving
  • MIS preparation on monthly or at required frequency, EOD & BOD activities, preparing Peak margin instructions
  • Regulatory & compliance reporting on monthly, quarterly, and other regular frequency

Offshore Operation:

  • Computation of advisory fees on the basis of specific rates
  • MIS preparation including returns calculation for specific period, Average AUM etc


Knowledge, Skills, Competencies



Knowledge of settlement, AUM calculation, KYC documentation, brokerage calculation, distributor & broker empanelment, Regulatory reporting, PMLA guidelines, Regulatory guidelines (SEBI, APMI), etc.

Should be familiar with "Wealth Spectrum"



Preferred Industry Experience



2 + years preferably from PMS, Mutual Fund or financial sector




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