Deputy Manager/Manager Mutual Fund Investment Operations and Cash Management,

POSITION:
Deputy Manager/Manager


Reports to (Position):
Executive Vice President -Investment Operations 
Business Unit: Investment Service FTE:   
Location: Mumbai   
Education Background Chartered Accountant 

Principal Accountabilities:Trade Operations:            Settlement of all trades in Equity, Gold ,SLR , Non SLR Securities and Money Market (Call, CBLO, Repo, LAF etc)

Monitor the trade exception and to put efficient checks control for timely detection the error/deviation to ensure proper reconciliation of data

         Corporate Action 

Broker empanelment and review
Managing back-office processes in front office system BLOOMBERG AIMS
Trade outstanding review and a strong control over the same

         Control over the Margin management for each type of security

Liaising with Dealers, Fund managers, Registrar operations team, Custodian, Professional Clearing Member (PCM), Stock exchanges and Clearing corporations
Liaising with the Statutory Auditors, Internal Auditors and SEBI Auditors pertaining to respective function
Implementation of new projects and changes brought because of regulatory or business requirement.
Support all new initiatives and new assets including system development.
Benchmarking similar industry practices and work towards implementation of best practise
Identifying risk and implementing effective controls for various processes


Trade Settlement:           Understanding and executing trade settlement of all trades in Equity, Gold, SLR, Non SLR Securities and Money Market

Monitor the trade exception and to put efficient checks and control for timely detection the error/deviation to ensure proper reconciliation of data

         Corporate Action execution

New Broker empanelment and annual review controls
Gaining knowledge about and managing back-office processes in front office system BLOOMBERG AIMS
Control over outstanding position in various systems and regular review and of the same.


Knowledge, Skills, Competencies 
Knowledge, Experience
  Knowledge of securities market mechanism, operations, or Fund Accounting of local Funds    MS office with special expertise in Excel, Bloomberg, and other related software
Competencies
  Good communication & Interpersonal skills.  High degree of integrity  Ability to work autonomously but know when to escalate.  Ability to perform under pressure.  Resourcefulness and ability to use initiative.  Commercial approachAttributes   To have an eye for detail is very important criteria.  Able to build strong working relationships with colleagues and external parties.  Capability to work in a collegial manner. 

Preferred Industry Experience
  Ideally the candidate should have experience in the mutual fund space though not a pre-condition.  If not from mutual fund space, the candidate could be drawn from the financial services space including insurance, commercial & investment banks, non-banking finance companies. 
Internal Contacts    Fund Management  Internal Team -Treasury Settlement and Cash Management  Banking Operations  Finance  Compliance 
External Contacts 

Bankers & Custodian

  Clearing members  Stock exchanges.  Clearing Corporations