AIF Investment/Trading Operations Role - BFSI

Job Purpose/Role Description:

- Assist in Operations for Alternative Investment Funds (AIF), Cat II & III.

- Coordinate with Internal (Compliance, Fund Management, Fund Accounting & Sales Team) & External Stakeholders (Bankers, Fund Custodians, Brokers, Fund Accountants, Counterparties etc.)

- Ensuring adherence to and improvement of laid down Operations Policies, SLAs and Processes in the best interest of Business, Business Partners and all internal & external stakeholders.

Principle Responsibilities:

Cash Management, Reconciliation & Corporate Action:

- Close monitoring of all Subscription & Operative accounts. Treasury and Banking activities including Daily Cash flow Projections.

- Execution of MF Subscription and Redemption within regulatory cut-off based on Projected Cashflow.

- Capital Activity

- Subscription and Redemption processing in compliance with PPM and applicable regulations. \

- Bank, Stock, and AUM reconciliation with fund accounting team on daily basis.

Banking & Trade Settlement:

- Creation of Security Masters for Equity, Debt and Other Asset Classes in Quantis/Wealth Spectrum.

- Trade Processing & Settlement in coordination with Custodian. (Debt-NSCCL/ICCL, EquitySTP). - SLBM Trades Settlement.

- Liaising with the Investment Team, CPs and Custody for daily Trade Settlement.

- Trade Reconciliation

- Reconcile IM trades & Broker EOD files to ensure zero error on Trade settlement.

- Ensure timely execution of Primary Market Trades/Corporate Actions including Pre-IPO, Anchor Investment, Private placement, IPO, Buy Back, Offer for sale etc. and Primary Market trades.

- Vendor Co-ordination for any upgrades/enhancements in Trading & Accounting Systems

Expense Management:

Calculation of fees including Setup fees, Management fees, Custody, Performance fees, Exit load, Brokerage, Margins, PCM charges, Distributor brokerage and other charges.

- Monthly TDS and GST payment for all AIF schemes.

- Regulatory Compliance

- Effective compliance with applicable AIF regulations and associated requirements.

- Preparation/Review of regulatory reports (Monthly and Quarterly for SEBI, RBI etc.).

- Reviewing PPM for existing/new products, deliberate on operational nuances.

- Ensuring timely completion of Statutory & Internal Audits.

- Reviewing PPM for existing/new products, deliberate on operational nuances.

Functional Competencies:

Should possess understanding of Asset Management (AIF) Operations, Trade Settlement, Primary, Secondary, Equity Debt and Investment Operations. (Good to have)

- Should have fair understanding of AIF Structure Operations. Prior experience of handling similar tasks will be an added advantage. (Good to have)

- Should possess understanding of Settlement Operations, Audit, Tax & Business MIS

Soft Skills:

Effective Team Member.

- Multitasker.

- Effective Oral and written communication.

- Should be able to deliver under stiff deadlines.

- Problem solving approach.

- Client centric.

- Ensure effective communication with internal & external stakeholders.