PMS/AIF Operations Team Member

Team Member JOB DESCRIPTION JOB TITLE Team Member- PMS/AIF Operations (GIFT City) Reports too Team Leader No of Direct reportees - Department Operations Position Grade Range Manager/Sr. Manager (May vary depending on experience) Location GIFT City JOB PURPOSE: Management of PMS/AIF Operations –Customer on-boarding, Investments, Banking and Fund Accounting Operations JOB REQUIREMENTS: Sound knowledge of PMS/AIF products and structure Hands on knowledge of PMS /AIF operational processes, SEBI regulations etc. Knowledge of RBI/FEMA regulations including knowledge of regulations applicable to GIFT City r.t. NRI bank /PIS accounts etc. (Preferable) Client On-boarding Account opening, Verification of documentation including application forms, agreement, KYC documents etc. (including NRI investors (NRE/NRO)) Co-ordination with RTA, custody w.r.t. status of forms, status of a/c opening Maintenance of MIS Handling customer queries and reverting within the decided TAT with proper co-ordinations with RTA/Bankers/Custodians Co-ordination with Trustees for documentation etc. Banking and Fund Accounting operations Preparation of daily cash slow, Banking, Fund movement, Account opening etc. Verification of Bank Reconciliation, holding reconciliations Settlement of trades Processing collections/redemptions Reporting to Fund manager/Dealer on position of cash /stocks & providing client/Scheme’s data as and when required. Co-ordination with custodians/RTA with respect to Account opening, maintenance & closure of client bank and Demat account, trade processing, corporate action etc. Co-ordination with HO Operations team w.r.t. subscriptions, redemptions and MIS Providing all the data to HO team w.r.t. regulatory filing, internal MIS Reconciliations- Holding/Bank Others Sound knowledge of Taxation (especially AIF category II & III fund) i.e. Income Tax, TDS, GST Knowledge of Forex Transactions, Fund transfers Proficiency in use of softwares/applications related to these businesses Administrative responsibilities related to office EDUCATIONAL QUALIFICATION & EXPERIENCE Post Graduate, MBA, CA etc. At least 7-8 years of experience in PMS/AIF operations PERSONAL ATTRIBUTES Independent management of branch operations Communication skills- Verbal and Written Presentation & analytical skills Customer focus OTHER REQUIREMENT Knowledge of “Wealth spectrum” system (Preferable) Hands on knowledge of Excel, word, PowerPoint etc.