Fund Services - Fund Accounting

WBCG:FIG - Fund Services - Fund Accounting

About Wholesale Banking

The Wholesale Banking Coverage Group (WBCG) focusses on doing business with customers such as the Government, Strategic, large and mid-corporates and the SMEs across industries like Infrastructure, Engineering, Chemicals, Oil and; Gas, Metals, textiles etc The Corporate lending business emphasizes on doing business with higher rated corporates with a focus on garnering a higher share of the cash flows by providing working capital facilities
Fund Services is a niche segment focus on Domestic PMS, AIF, MF, Insurance etc and offering Fund Accounting Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance in India and Gujarat International Ficial Tec-City (GIFT)

Fund Services [FS] Fund Accounting

The role is to execute and manage fund accounting operations for Mutual funds and Insurance funds and warrants relevant operational and regulatory knowledge, experience and fund accounting background The role involves ensuring daily execution of NAV of Mutual Fund/Insurance fund schemes, ensuring complete and accurate daily/weekly/monthly client reporting as per SLA plus regulatory reporting, ensuring timely execution of assigned task, various MIS reporting to management, Handling client s for regular and adhoc requirements and operational concerns, handling client s and other audit, active participation in system developments and digital adoption

1) To manage the day-to-day operations of a small-to medium-sized fund accounting client
2) To manage the daily accounting and net asset value (NAV) production workflow to service multiple funds To Handle daily activities which is inclusive and not exhaustive containing Capital accounting, trades processing, Income and Expenses accounting, corporate action benefits, Reconciliations, calculations of distributable surplus, Interest accruals and amortizations, equalization, capital gain loss, etc 3) Responsible for accurate calculation and Dissemination of NAV 4) To ensure transaction processing and client deliverables as per agreed SLA, monitoring and ensuring implementation of all relevant regulatory changes 5) To liaise with all internal and external stakeholder including clients for all required data and support 6) To handle client s audit and related requirements 7) To handle escalations if any and ensuring high customer satisfactions score 8) To conduct UAT and system testing for system enhancements or new requirements Qualifications

CA / CFA /Inter CA/ MBA/Graduate with prior experience in a similar role for 4+ years
NISM certification in mutual fund module, Other Certifications in the relevant area would be an added advantage

Role Proficiencies:

Positive and collaborative attitude with excellent interpersonal and communication skills
Good knowledge of SEBI & RBI regulations & policies in the relevant areas Solution oriented Team player Proactive in learning & self-development Preferred to have expertise in MSOffice, Wealth Spectrum and Multi Fond system