Job Title: Principal Officer (Portfolio Management Services)

Reporting To: Executive Director

Type: Full-time

Job Purpose: The Principal Officer is a key leadership position responsible for overseeing and ensuring the effective and compliant management and administration of client portfolios and all associated operations of the Portfolio Management Service (PMS), in strict adherence to SEBI (Portfolio Managers) Regulations, 2020, and other applicable laws and regulations. This role involves significant decision-making authority related to fund management and overall strategic direction.

Key Responsibilities:

Strategic Portfolio Management:

- Develop, implement, and continuously refine investment strategies and processes to meet client goals and risk profiles.

- Oversee the construction and management of client portfolios, making decisions on investment selection, asset allocation, and rebalancing.

- Lead and direct the investment team in conducting in-depth market research, financial analysis, and due diligence on potential investments across various asset classes (e.g., listed

equities, debt, mutual funds, money market instruments).

- Monitor portfolio performance, analyze market trends, economic changes, and financial regulations to make timely and informed adjustments to investment strategies.

- Ensure optimal returns while effectively managing and mitigating investment risks (e.g., liquidity risk, market risk, credit risk).

Client Relationship Management:

- Build and maintain strong, transparent relationships with clients, providing regular updates on portfolio performance, investment strategies, and market outlook.

- Understand and align investment strategies with individual client financial objectives, risk tolerance, and time horizons.

- Handle client queries, grievances, and requests effectively and in a timely manner.

- Ensure the disclosure document and client agreements are clear, comprehensive, and compliant

Operational Oversight:

- Oversee daily fund management activities, including trade execution, portfolio rebalancing, and reconciliation.

- Ensure efficient and secure handling of client funds and securities, including proper coordination with custodians and other intermediaries.

- Supervise the maintenance of accurate books of accounts, records, and other documents as required by SEBI.

- Oversee the preparation and submission of all regulatory reports to SEBI and other relevant authorities.

Team Leadership & Development:

- Lead, mentor, and develop the investment team, fostering a culture of excellence, integrity, and continuous learning.

- Provide guidance and support to junior portfolio managers and analysts.

- Foster a collaborative and high-performance work environment.

Qualifications & Experience:

Education: MBA, CA, CFA

Experience:

- Minimum of 5 - 7 years of experience in related activities in the securities market, including experience in a portfolio manager, stockbroker, investment advisor, research analyst, or as a fund manager.

- Out of the total experience, at least 2 years of relevant experience should be specifically in portfolio management or investment advisory services or in areas related to fund management.

Certifications: Valid certification from the National Institute of Securities Markets (NISM) Series XXI-B: Portfolio Managers Certification Examination. (Must be maintained throughout employment).

Required Skills & Competencies:

Deep Financial Market Knowledge: Comprehensive understanding of financial markets, investment products, strategies, and regulatory frameworks.

Analytical & Research Skills: Exceptional ability to analyze financial statements, interpret market data, conduct equity research, and assess investment opportunities.

Risk Management: Proven expertise in identifying, assessing, and mitigating investment risks.

Decision-Making: Strong, decisive, and resilient decision-making skills in dynamic market conditions.

Leadership & Management: Demonstrated ability to lead, motivate, and develop a team of investment professionals.

Communication: Excellent verbal and written communication skills to articulate complex investment strategies to clients, stakeholders, and regulators.

Interpersonal Skills: Strong ability to build and maintain relationships with clients, colleagues, and external partners.

Ethical Conduct: Unwavering commitment to ethical standards and professional integrity.

Compliance Orientation: Thorough understanding and commitment to adhering to regulatory requirements.

Software Proficiency: Proficiency in financial modelling, data analysis tools (e.g., Excel, Python, R), and portfolio management software (e.g., Bloomberg, FactSet, Morningstar