Assistant Vice President/Deputy Vice President - Trustee Resource

Grade - AVP / DVP

Designation - Trustee Resource

Location - Corporate Office, Churchgate , Mumbai

- The primary role of this resource is strengthening the hands/oversight of Trustees on the affairs of mutual fund/asset management operations. Since the Trustees hold fiduciary responsibility, but not involved in day-to-day operations, the subject resource will act as a conduit to provide valuable insight independently to the Trustees, in addition to the standard format of reporting by the AMC officials & the AMC Board.

- The subject resource should have relevant experience of mutual fund Business Dynamics, Compliance Framework, Risk Management Practice, including but not limited to the knowledge and understanding of market practices in terms of instruments used for investments, its contractual obligations, legal remedies and possible contingent liabilities and risk exposures.

- Provide valuable insights to Trustees in terms of mutual fund business dynamics, Compliance Framework, Risk Management Practices, including market practices in terms of instruments used for investments, its contractual obligations, legal remedies and possible contingent liabilities and risk exposures etc. through a structured reporting.

- Analyse data, identify market trends, draw conclusions and seek rationale in order to ensure trade-off between Risk and Return.

- Evaluate the results of investment decisions and possible risk exposures.

- Understand contractual and legal obligations of contracts entered into by the AMC. Not limited to commercial contracts, but also investments into complex structured obligations (if any).

- Gather market and competitive intelligence to rationalize business decisions.

- Ensure eye for details in order to ensure fiduciary responsibility, business reputation, compliance culture & risk oversight.

- Monitor industry news in the national and international geographies to understand best practices, global trends, risk management practices & regulatory changes etc.

- Create a format of direct interaction/reporting by the internal auditors - providing independent insights of affairs of the company through a regular audit process.

- Maintain an effective communication channel with the AMC management team.

- Manage any possible conflicts of reporting vis-a-vis standard format of AMC reporting structure

- Avoid any possible intrusion in decision making / freedom of operations of AMC

- Maintain an impeccable integrity, upholding fiduciary responsibility Understand, recognize and effectively respond to any possible human behaviors & adverse observations.