
Securities Services - Fund Accounting Product Manager - Vice President
- Mumbai, Maharashtra
- Permanent
- Full-time
- Act as a Fund Accounting subject matter expert supporting Senior Management, Operations, Sales, Client Services and Clients / Prospects
- Provide management and guidance on client, industry and internal change programs, with focus on maintaining efficiency and standardization across the operating model
- Work closely with business partners on client satisfaction initiatives and sales opportunities including operating model development , legal agreements and fee models
- Keep abreast of regulatory change and how this could impact the business
- Identify areas of opportunity to develop and improve the service offering
- Participate in Industry events to stay informed of market, client and competitor activity
- 5+ years' experience supporting Fund Accounting product offering along with In-depth practical understanding of Fund Accounting core processes / concepts that cover various asset classes, trade lifecycle, fund expenses, P&L computations, balance sheet and basic financial reporting standards
- Continuously monitor and track new business opportunities, and assist in pipeline reporting
- Create initial pricing proposals for new deals and reprices, and develop standard templates to support commercial pricing proposals
- Support the cost to serve process, create the initial cost model, and review actual costs post-implementation
- Respond to questions in prospect RFPs, supporting FA and Fund Admin products
- Work across business stakeholders, including Operations, Technology, Sales, and Service. Support billing oversight and governance, and respond to billing inquiries.
- Develop reporting to assess profitability of the Fund Services business, and oversight of operational expenses
- Maintain oversight of key vendor relationships
- Serve as escalation point for issues and the conduit for Product related requests
- Ensure that activities are appropriately reflected in the risk and controls self-assessment and business control forums
- Strong cross-functional/business collaboration skills are required as the candidate will work across multiple teams within the bank.
- Ability to: synthesize large amounts of information into crisp recommendations; present and defend recommendations to a variety of audiences; manage multiple projects / queries simultaneously and drive them to completion effectively.