Position Purpose: To support the Brokerage/Distributor operations services activity of the India Mutual Fund business.
Principal Accountabilities: Executing the Distributor operations activities for the Mutual Fund Knowledge of SEBI/AMFI regulations/guidelines
- Ensure proper implementation of the brokerage structure in line with the regulations
- Ensure brokerage structures are provided to RTA on time for facilitating computation
- Obtain necessary documents from distributors to facilitate for timely payment of brokerage
- Validating commissions as computed by RTA, coordinating to ensure timely and accurate payment of commissions, maintaining records of commission payments
- Evaluate opportunities to automate manual processes.
- Resolution of Distributor queries / Grievances.
- Servicing internal stakeholders by providing them with relevant distributor related data.
- Preparing Brokerage MIS for senior management review
- SEBI and other Regulatory reports preparation and submission
Operations Support
- Knowledge of SEBI/AMFI Mutual Fund Regulations/guidelines
- Coordinating with auditors during audits and responding to audit observations by carrying out necessary change in processes
Knowledge, Skills and Expertise
- Minimum 2/3 years’ experience in distributor operations for a Mutual Fund / AMC
- Understanding of SEBI Regulations and AMFI guidelines
- Familiarity with technology, operating platforms, and software used in asset management industry
- Effective knowledge of MS Word, Excel, and PowerPoint
- Robust on analytics and problem-solving skills.
- Aptitude for building positive relationships
Certifications
NISM Series V - Mutual Funds Distributor Module certified
Competencies
Excellent Communication, both verbal and written
Collaboration – acts as a part of a team
Innovation & Continuous Improvement