Managing the Banking operations activities for the Mutual Fund
Coordination with Banks for opening/closing scheme accounts and providing online access of the accounts to all the users.
Tracking of subscription inflows in various collection bank accounts and updating the same in the inhouse application to provide timely and accurate cash flow reports to investment team. Initiating RTGS/NEFT/Fund transfers
bank instructions (manual and physical) to various banks.
Handling Redemption, Dividend & refund payouts, tracking of Rejection & issuing of warrants/DD.
Solid ability to review and resolve breaks in reconciliation (Dividend/Redemption/Refund/Subscription)
Coordination with Service Providers
Registrar coordination for processing of Investor transactions
Review and Resolve queries from Investors / Distributors/Sales/Branch Team
Co-ordination with Exchanges for NFO, scheme master set up, details on
Investor transactions
Liasoning with Depositories for ISIN creation/activation/deactivation,
Corporate action of investor transactions
Reconciliation of TDS/Stamp duty data between RTA and FA records and initiating payout.
Operations Support
Support launch of new products and services
Review of Scheme Information Documents/Addendum, etc.
MIS on Investor Transactions, Systematic Investment Plans, etc.
Knowledge of Mutual Fund Regulations
Review of Banking Agreements
Handling Internal, Statutory audit & Regulatory audit
Strong knowledge of MS Excel, MS Word
Preference will be given to candidate with Advanced Excel knowledge
Knowledge, Skills & Expertise
• Post Graduate/Graduate with minimum of 3 years’ experience in operations role preferably from Mutual Fund or financial sector.
• Knowledge of Registrar, banking, depository processes
• Strong knowledge of reconciliations
• Understanding of SEBI Regulations
• Familiarity with asset m