About the role
Vice President - PMS Operations
Business Unit:PMS Operations
Principal Accountabilities:1) PMS Domestic Operation:
•Fund Accounting – PMS Operations viz. Subscription, Redemption & Trade Settlement
•Accounting of Corporate Action viz. Dividend, Bonus, Rights
•Bank Reconciliation / Holding Reconciliation
•Account opening and KYC processing
•Liaising with auditors (Internal & Statutory) with respect to providing data as per requirement
•Client & distributor query resolution
•Distributor commission working, Performance fee working
•Client account audit completion, providing data for audit, query solving
•MIS preparation on monthly or at required frequency, EOD & BOD activities, preparing Peak margin instructions
•Regulatory & compliance reporting on monthly, quarterly, and other regular frequency
2) Offshore Operation:
•Computation of advisory fees on the basis of specific rates
•MIS preparation including returns calculation for specific period, Average AUM etc
Knowledge, Skills, Competencies, and Certifications:Knowledge of settlement, AUM calculation, KYC documentation, brokerage calculation, distributor & broker empanelment, Regulatory reporting, PMLA guidelines, Regulatory guidelines (SEBI, APMI), etc. Should be familiar with “Wealth Spectrum”
Preferred Industry Experience:5 + years preferably from PMS, Mutual Fund or financial sector