Senior Associate

6 days ago


Mumbai, Maharashtra, India CareerFit Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job Description

Role Overview:

We are looking for a detail-oriented Senior Associate - Fund Operations to manage client onboarding, reconciliation, custody operations, fund accounting and reporting functions for our Portfolio Management Services.

Key Responsibilities : Client Onboarding & Account Management

Manage end-to-end account opening for PMS Investors (Individual, HUF, Corporate, NRI, Trust)

Co-ordinate with Investors, RMs, and distributors for KYC/CML documentation

Review forms for accuracy and regulatory compliance

Liaise with custodians for account setup and strategy allocation

Maintain onboarding trackers and share timely updates.

Custody & Reconciliation

Monitor daily custodian feeds for trades and holdings

Perform daily reconciliation of securities, funds, and corporate actions

Resolve breaks/discrepancies with custodians and escalate as needed

Ensure smooth trade settlements and fund flows

Fund Accounting

Independently validate NAV, MTM valuations, expense accruals & corporate action treatment

Perform daily reconciliation between broker trades, custodian positions, cash & collateral balances with sign-offs on accuracy of fund books.

Review expense debits (AMC, brokerage, statutory charges) and ensure correct treatment across portfolios

Proactively identify breaks / mismatches and drive timely escalation, root-cause and closure with Custodian

Operations & Reporting

Process client transactions (top-up, withdrawal, strategy switch)

Assist in preparing client reports, MIS, and regulatory submissions

Work with compliance to ensure SEBI guidelines are followed

Maintain SOPs and support process improvements

Requirements

Skills & Qualification

Education: Graduate or Postgraduate in Finance, Commerce, or related field

Experience:

3 to 6years in PMS, AIFS, Mutual Funds, Custodian, or Broking back-office operations

Strong understanding of account types: Individual, NRI, HUF, Trust, Corporate

Proficiency in MS Excel; knowledge of portfolio/reporting software is a plus

Strong communication skills, attention to detail, ability to multitask

Lead and manage the team.


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