Back Office Executive – Mutual Fund Operations

Role summary
The Back Office Executive runs day-to-day mutual fund operations end to end: every client transaction is executed correctly, before cut-off, and followed through until units are allotted or money is credited. The role is the practice's single point of execution, so the principal distributor can focus on clients and advice.
Position
Back Office Executive – Mutual Fund Operations
Reports to
Devendra Yadav, Mutual Fund Distributor (principal)
Location
Borivali West, Mumbai (office-based)
Works with
Clients, AMC relationship managers (RMs), RTAs (CAMS, KFintech), transaction platforms

Key responsibilities1. Online transaction execution
Execute all client transactions on the practice's platforms: BSE StAR MF, MF Utility (MFU), NSE NMF II, MF Central and AMC/RTA distributor portals.
• Place purchases (lumpsum and NFO), redemptions, switches, STPs and SWPs as instructed by the client.
• Register, modify, pause and cancel SIPs, and link them to the correct bank mandate.




• Send payment links and transaction authentication links to clients (email/SMS OTP), and follow up until the client approves.
• Meet cut-offs: 3:00 pm for equity and debt schemes, 1:30 pm for liquid and overnight funds. Orders received late are flagged to the client before placing.
• Check order status the same day and confirm allotment (units, NAV, date) the next working day.
• Confirm redemption credit to the client's bank within the SEBI timeline (3 working days) and chase any delay.

2. Client onboarding and KYC
• Check KYC status with the KRA (KYC Registration Agency) and CKYC before the first transaction; complete fresh or modified KYC where needed.
• Create the client's UCC on BSE StAR MF and CAN (Common Account Number) on MF Utility.
• Capture FATCA/CRS declaration, nomination (or a signed opt-out), and bank details with proof.
• Register bank mandates (eNACH / OTM / ISIP) and track until they are approved by the bank.
• Open a client fil

📌 Back Office Employee (Mumbai)
🏢 Insure Health Wealth
📍 Mumbai