Job Title: Associate – NPS Fund Operations Location: Andheri (Mumbai) Total Work Experience : 0-2 years of experience in NPS operations, mutual fund operations, pension funds, or institutional asset management. Qualification : MBA (Finance) / Commerce Graduate Key Skills & Competencies

- Basic understanding of finance, accounting, and capital markets.
- Internship or project exposure in mutual funds, pension funds, or financial services
- Basic knowledge of NAV, securities, or fund accounting
- Strong attention to detail and numerical accuracy.
- Good analytical and problem-solving skills.
- Proficiency in MS Excel (formulas, pivot tables preferred).
- Positive communication and documentation skills.
- Willingness to learn regulatory and operational processes

Job Responsibilities To support the day-to-day operations of NPS funds, including treasury support, NAV processing assistance, regulatory reporting, and audit coordination, while learning PFRDA regulations and pension fund operational processes. 1 . Treasury Operations Management

- Assist in daily cash position tracking for NPS schemes (Tier I & Tier II).
- Support trade settlement activities by coordinating with custodians and banks.
- Help process corporate actions (interest, dividends, maturity proceeds).
- Perform bank and custodian reconciliations under supervision.
- Maintain records related to inflows, outflows, and settlements.
- NAV Process Support




- Assist in daily NAV computation activities and data validation.
- Support verification of security prices, accruals, and expenses.
- Help identify and report NAV exceptions or discrepancies.
- Ensure timely upload and archival of NAV-related reports.
- Regulatory & MIS Reporting
- Support preparation of daily, monthly, and quarterly reports as per PFRDA requirements.
- Assist in portfolio and NAV disclosures to CRA, Trustee Bank, and internal teams.
- Maintain MIS trackers, dashboards, and documentation.
- Ensure accuracy and timeliness of data shared with stakeholders.
- Audit & Compliance Support
- Assist during internal, statutory, and PFRDA audits.
- Help compile data, reports, and supporting documents for auditors.
- Track audit observations and support closure actions.
- Follow standard operating procedures (SOPs) and compliance guidelines.
- Learning and Process Support
- Gain working knowledge of NPS structure, PFRDA regulations, and investment guidelines.
- Participate in process improvement initiatives and system enhancements.
- Coordinate with internal teams (Investment, Compliance, Risk, Technology) for operational support.
- Maintain accurate documentation and process notes.

Key Stakeholders

- Internal Teams.
- Custodian & Trustee Bank.
- Central Recordkeeping Agencies (CRA)
- Auditors & Regulators (PFRDA)

📌 Associate – NPS Fund Operations (Mumbai)
🏢 PPFAS Mutual Fund
📍 Mumbai