All Openings Associate – NPS Fund Operations Mumbai, Maharashtra, India

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).
- Good 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.

1. 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 .

1. 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.

1. 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.

1. 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)

Opportunity Overview Organization PPFAS Mutual Fund Office Location Mumbai Job Type Full time

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