Head - Operations - Mutual Fund

Profile: Head - Operations

Location: Mumbai

Reporting to: MD & CEO

Qualification:

- Graduate/CA/MBA

- NISM MF Certification necessary

Work Experience:

At least 10-12 years of prior mutual fund experience in handling Mid & Back office Operations/Banking/Investor Services and related activities.

Core Responsibilities:

- Treasury / Back office operations, Banking Operations, Custody trade and settlement Operations, Investor Services, R&T Operations, Fund Accounting, Unit Administration etc.

- Hands on operations experience in additional products such as ETFs, Passives, Index Funds, New age digital payment gateways, etc.

- Managing service providers -custody & FA relationship, RTA including call center, Banking, monitoring their SLA's

- Managing audits -Internal, Statutory, Regulatory

- AMC Branch coordination -to exercise daily controls, ensure minimal complaints and quick resolution

- Review the existing policies and guidelines on an ongoing basis including policies and guidelines updating as per regulatory and internal norms

- Team management

- Update and implement necessary changes in process flow basis updates from regulatory bodies like SEBI and AMFI for changes in guidelines

- Work closely with other Business Heads of investments, technology, risk, products, sales to analyze and identify process gaps, if any and drive solutions

- Cash management function i.e. coordinating with various Asset Management Company (AMC) branch locations / RTA locations / Banks / Stock Exchanges for daily inflows / outflows of Funds

- Exercise control over various reconciliations provided by service providers such as mutual fund bank accounts, unit capital for schemes of mutual fund

Talent Attribute :

- Hands-on experienced operations person in Mutual Funds / AMC

- Sound knowledge of investment products

- Ability to analyze & interpret data, information and performance; create reports, dashboards

- Excellent communication skills -both written and verbal

- Good presentation skills

- Take ownership -research, diagnose, troubleshoot and identify solutions to resolve any issues

- Strong process knowledge of the function