Role Summary

To ensure the entire Mutual fund related cash flow process is smoothly and efficiently managed including trade execution, settlement, reporting and reconciliation, banking / treasury management of all funds, liaison with FA and custody, audit support, portfolio accounting/reporting.
Responsibilities

Understanding of trade settlements across asset classes i.e. Equity, F&O, Fixed Income,
ETFs.

Security master creation and verification vis--vis Fund Accountants.
Timely and accurate settlement of trades and reconciliation (trade verification vis--vis external platforms, counter parties and brokers).
Ensure trade submission, allocations, reporting and settlements are in line with compliance and regulatory requirements.
Understanding of reporting platforms and adherence to TAT with accuracy.
Coordination with Investment teams for cash positions, margin requirements and any discrepancy.
Block and release of securities, ensure approvals before execution of trades, such as FDs, ISTs.
Margin monitoring and placement for fixed income instruments and derivatives.
Daily holding reconciliation to ensure accurate saleable quantity is available for trading.
Creation and maintenance of the investment universe in the front office system.
Administering daily cash flows for fund house and reporting real time cash positions to Fund managers. Calculation of scheme shortages and borrowing limits.
Bifurcation of expenses that are to be paid by schemes and AMC. Allocation of scheme expenses basis transaction count or AUM or actuals as applicable.
Preparation of various Internal MIS regarding portfolio, performance, expense ratio etc.
Verification and processing of tax payments within timelines. TDS, GST, STT and ITR filing.



Role: Mutual Fund Operations
Industry Type: Financial Services (Asset Management)
Department: BFSI, Investments & Trading
Employment Type: Full Time, Permanent
Role Category: Trading, Asset & Wealth Management
Education
PG: CA in Any Specialization
Key Skills
ReconciliationTrade Settlements