Manager - Portfolio Management Services - Asset Management Firm

Assistant Manager/Manager PORTFOLIO MANAGEMENT SERVICES

JOB INTENT :

The PMS Assistant Manager/Manager supports the Head operations PMS in effective portfolio management by assisting in operational activities for equity and debt dealing, processing of expenses, generation of regulatory reports and audit coordination activities.

JOB RESPONSIBILITIES :

- Co-ordinating with Branch manager and Custodian for onboarding paperwork

- Co-ordinating with Branch manager and collection banker and ensure accuracy in collection bank reconciliation.

- Activation of client accounts as per TATs and ensuring correct accounting thereof.

- Ensuring accurate accounting of processing fees, entry load etc. to new clients

- Timely deployment of investor funds and coordinating with investment manager.

- Placing trades with brokers and coordinating with investments team to ensure accuracy in trade settlement.

- Ensuring error free investor level trade allocation.

- Intimation of trade instructions to custodians and FA within defined timelines as per SLAs

- Ensuring completeness in reporting of all financial transactions to fund accounting team

- Ensuring accounting of all trade transactions and corpus, expense transactions pertaining to fresh activations, additional investments in system.

- Calculation expenses for all the clients

- Co-ordinating with FA team for any reconciliation issues.

- Managing day to day fund transfers and ensuring control over bank accounts

- Ensuring timely payouts of management and other fees to AMC

- Vendor Payment

- Plan to achieve early closure of audit and timely submission of audited financials

- Ensure timely and accurate reporting to regulatory board

- Ensuring timely reporting of daily activations to business and other stakeholders

- Daily reporting of model portfolio performances

- Monthly reporting of investor level performances

- Any other reports based on investment accounting information

- Cross Asset Knowledge

- Investment Analysis background

- Good Academic background with progress in CFA & Statistical Understanding will be an added advantage.

- Analyzing portfolios of various funds to determine key comparative performance components.

- Knowledge of PMS operations, regulations and reporting.

- Knowledge of financial markets, equity and debt and dealing in it.

- Proficient in excel and returns calculation and reporting with respect to debt and equity market.

- Good Communication skills.

- Study the components obtained from the analysis of various portfolios to identify investable ideas.

- Co -ordinate the rollout of the PMS website and ensure smooth functioning of the same.

- Analyses the performance of the client portfolios and report to the PMS - Fund Manager on a regular basis and suggest actions to be taken.

- Valuation of Debt Securities for investments

JOB ANALYSIS:

- Preparing detailed notes on investments.

- Coordinating with Issuers, Brokers, Bankers, Custodians & Fund Accountants

- Reporting of investments

- Monthly SEBI reporting - Statutory compliance

- Monitoring of the Client Portfolio and analyzing the same to ensure compliance to guidelines.

- Preparing Equity Reports and updates.

- Coordinating with branch offices for opening of retail client accounts.

- Hands on experience in PMS Operations, Settlements, Client Account Opening & Maintenance and handling Audits.

- Understanding & Responsible for pre-trade compliance, custody co-ordination etc

- Review & checking of fund performance computation.

- Review of trial balance.

- Trade settlements - counter party confirmation, custody confirmation.

- MIS: Database management, client presentations, Compliance reporting etc

- Reconciliation of portfolio between PMS system, client accounting records and custody.

- Responsible for updating corporate action and valuation feeds into system.

- NRI processes, Reconciliations, Software Developments and Customer Service.

- Cash flow management - coordination with banks for opening cash positions, intraday movements and closing cash.

- Bank reconciliation.

- Responsible for payment all client expenses. Reconciliation of payments with expense provisions.

- Lesioning with internal auditors/stat auditors/SEBI auditors

Job Specifications:

- Qualified B.Com/M.Com

- Experience of 4 to 6 years

- Good Communication skills

- Proficient in excel and returns calculation and reporting with respect to debt and equity market.