Mutual Fund Operations Lead

About Valtrust Capital

• Manage the operations team handling mutual fund, AIF & other alternate investment operations.
• Part of the operations team for a mutual fund distribution/wealth management business
• Executing and monitoring investments (Mutual funds / PMS / AIFs) for clients
• Co-ordinating with intermediary platforms such as BSE Star, Redvision, etc.
• Co-ordinating with sub-distributors and customers for approvals, onboarding, KYC, etc.
• Preparing sub-distributor payouts
• Reconciliation of brokerage revenue and invoicing with Accounts
• Preparing AUM Outflow and Inflow MIS
• Should be able to fill in the Executive role in their absence
• Performance evaluation and hiring of operations team
• If required, Execute and monitor client investments (Mutual Funds, PMS, AIFs) including AUM inflows and outflows, brokerage reconciliation, and sub-distributor payouts.
• Monitor and reduce NIGO (Not-in-Good-Order) cases and get the errors processed.
• Making various reports as per internal process and for client information purposes
• Lead initiatives for digital transformation within operations - leveraging CRM, dashboards, data analytics, and process mapping to deliver efficiency.
• Automate operational processes, Create dashboards and real-time MIS to track key metrics like TATs, AUM, pipeline, and client reviews.
• Develop structured SOPs and ensure user adoption of new processes.
• Ensure compliance with SEBI, AMFI, and other regulatory requirements. Also conduct periodic mock DDs and internal audits to ensure compliance.
• Co-ordinate with AMCs, RTAs, and intermediaries for operational activities and escalations.

Desired Skills & Experience

• 5 years of experience of Operations with mutual fund distribution/wealth management businesses
• Hands on experience with Red Vision, BSE STAR, NSE MF, Mailback reports, etc.

• CRM & Workflow Expertise:

  Demonstrated ability to implement and manage CRM or equivalent platforms with centralized client data, ticketing, task automation, and communication tracking.

• Automation & Dashboards:

  Proven track record of designing automated workflows, triggers, templates, and dashboards to improve TAT and accountability.

• Document Management & SOPs:

  Skilled in integrating and managing centralized document repositories with version control, secure access, and role-based rights; drafting SOPs and training staff.

• Financial Services Knowledge:

  Familiarity with mutual funds, PMS, AIFs, client onboarding, compliance, and reporting.

Growth opportunity

• Low Hierarchy in the organization
• Growth opportunity within the organization

Education Level

• NISM Series VA Mutual fund distributors certification
• Education in Commerce and Finance
• BBA / BCom(H) /MBA