Authoriser - Custody - FA MF Insurance- AVP

Job Purpose:

Job Responsibilities(JR) : 6 8 Areas

Actionable (4-6)

• Processing and authorization

• •Accounting, Authorization and verification of all transactions leading to accurate computation of the Net Asset Value for each scheme of the Client.
• • Valuation of Securities - To ensure that valuations are done as per the Valuation Policy and internal processes are followed .
• • Ensure that transactions Processing or Tasks are performed as per SEBI Guideline for PMS and AIF .
• • Ensure that Daily Report, Monthly reports and SEBI Reports relased to clients within SLA.
• • Ensure Daily and Monthly reconciliations are performed within deadline and Reconciliations Items are closed within defined time frame.
• • Authorising of Transactions with understanding of Regulatory and Accounting impacts on fund. Ensure that Authorization matrix is strictly followed

• Reconciliations and Verifications

• Perform /review Bank and Holding Reconciliation daily and approach to NIL Reconciliation breaks .
• Ensure Open item are properly informed to client, trail are maintained.
• Ensure Internal Verification are processed and corrective measure are taken in timely manner .
• Ensure Daily/ Monthly reports are released to client post performing all the checks and balances .

• Client Servicing

• • Ensure client queries are Resolve in timely manner and Mail/Phone Calls are acknowledged.
• • Ensure Process finalize with client is followed and No reminding of client tasks/ activities.
• • New Fund On-boarding and migration of fund is completed within timeline and Post OnBoarding / Migration all regular processes are followed as per SLA..

System and Automations

• • Take Initiative in UAT testing of new projects and ensure that Requirement Submission, Testing, Documents are closed within timeline.
• • Identify the Automation areas in process and ensure that regulatory circulars are implemented within timeline.
• • Regular follow-up with respective teams on pending items and ensure that project or requirement is on track.
• • BCP Testing and PVT sign off are provided timely when required.

• Audit and Compliances

• • Provide complete support in Audit of the fund and any observation raised by client is resolved / Closed.
• • Ensure that Process Documents and SOP's are maintained and updated time time.
• • Ensure that Long Leaves of Teams are planned during low business days and Backups are available.
• • Ensure that all the task of absent / Back-up team are completed .
• • Providing training to the new joiness and team members.
• • Ensure Organisation compliances, Discipline and Work ethics are followed and Training are completed on time.

• Processing and authorization of Fund Accounting Transactions

• Authorization and verification of all transactions leading to accurate computation of the Net Asset Value for each scheme of the Client.
• Valuation of Securities - To ensure that valuations are done as per the SEBI Guidelines. Post confirmation from the client the same will be taken for Computation of NAV for the day.
• Preparation and verification of NAV in excel for schemes with variable pricing.
• Preparation of Broker Turnover, year to month and year to date across all schemes for deals done.
• Preparation of NAV Dissemination Files, for upload to AMFI and RTA and email to the news papers for printing
• Preparation of Bank Statements reports, Maturity files, Coupon Receipt files, Refund and TDS files in the required up loadable format.
• Consolidated report for the days inflows and outflow across all schemes.
• Daily interaction with all the portfolio managers to discuss the credits / debits and purchases made by them to enable accurate reporting.
• Monthly reconciliations Holding and CRISIL reports
• Uploading of NAV on AMFI portal post approval from auditors

Key Skills

• Product & knowledge
• Planning and Organizing Skills
• Communication
• Knowledge of circulars issued by the regulators.
• Knowledge of Financial markets / Stock markets

Educational Qualifications(examples listed below)

• Graduation:
• Post-Graduation:

Experience Required

• Minimum experience in years 10 yrs
• Exposure to Fund Accounting

Job Location-Vikhroli, Mumbai

Grade- Asst Vice President