Deputy Manager- Mutual Fund Investment Operations and Cash Management, Mumbai

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  • Mumbai, Maharashtra
  • Rs. 5,00,000-6,50,000 per year
  • Permanent
  • Full-time
  • 23 days ago
POSITION: Deputy Manager/Manager
Reports to (Position): Executive Vice President -Investment Operations
Business Unit: Investment Service FTE:
Location: Mumbai Date: August 4th,2025
Education Background Chartered Accountant, MBA, M Com or B com with relevant experiencePrincipal Accountabilities:Trade Operations: Settlement of all trades in Equity, Gold ,SLR , Non SLR Securities and Money Market (Call, CBLO, Repo, LAF etc)
 Monitor the trade exception and to put efficient checks control for timely detection the error/deviation to ensure proper reconciliation of data
 Control over outstanding position in various systems and regular review and of the same.
 Corporate Action
 Broker empanelment and review
 Managing back-office processes in front office system BLOOMBERG AIMS
 Trade outstanding review and a strong control over the same
 Control over the Margin management for each type of security
 Liaising with Dealers, Fund managers, Registrar operations team, Custodian, Professional Clearing Member (PCM), Stock exchanges and Clearing corporations  Liaising with the Statutory Auditors, Internal Auditors and SEBI
Auditors pertaining to respective function
 Set up of new securities and new asset type that the fund is intending to deal .
 Implementation of new projects and changes brought because of regulatory or business requirement.
 Support all new initiatives and new assets including system development.
 Benchmarking similar industry practices and work towards implementation of best practise
 Identifying risk and implementing effective controls for various processesScheme Cash Management: Cash management of the schemes of Mutual Fund, monitoring and reporting of cash to various stakeholders
 Control over the Margin maintenance for each type of security.
 Regulatory expense payment control maintaining control over all scheme expenses payment.
 Liaising with Dealers, Fund managers, Registrar operations team, Custodian, Professional Clearing Member (PCM), Stock exchanges and Clearing corporations
 Review of reconciliation and a strong bank account control
 Liaising with the Statutory Auditors, Internal Auditors and SEBI Auditors pertaining to respective function
 Implementation of new projects and changes brought because of regulatory or business requirement.
 Support all new initiatives including Cash system development.
 Benchmarking similar industry practices and work towards implementation of best practise
 Identifying risk and implementing effective controls for various cash processesKnowledge, Skills, CompetenciesKnowledge, Experience Knowledge of securities market mechanism, operations, or Fund Accounting of local Funds
 MS office with special expertise in Excel, Bloomberg, and other related softwareCompetencies Good communication & Interpersonal skills.
 High degree of integrity
 Ability to work autonomously but know when to escalate.
 Ability to perform under pressure.
 Resourcefulness and ability to use initiative.
 Commercial approachAttributes To have an eye for detail is very important criteria.
 Able to build strong working relationships with colleagues and external parties.
 Capability to work in a collegial manner.Preferred Industry Experience Ideally the candidate should have experience in the mutual fund space though not a pre-condition.
 If not from mutual fund space, the candidate could be drawn from the financial services space including insurance, commercial and investment banks, non-banking finance companies.Internal Contacts Fund Management
 Internal Team -Treasury Settlement and Cash Management
 Banking Operations
 Finance
 ComplianceExternal Contacts Bankers and Custodian
 Clearing members Stock exchanges.
 Clearing Corporations

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