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Assistant Manager Operations- Accounting and Valuation
We are currently seeking a person to join the Fund Administration team (FS) within Securities Services. Securities Services provides robust and reliable solutions that enhance performance and mitigate risk, today and in the future. Working with institutional investors, banks, insurance companies, governments and multinational corporations, Securities Services offers a range of fund administration, global custody, sub-custody and clearing services. Management with a focus on customer-centric propositions and innovative and efficient distribution channels.
Role Purpose
- The primary purpose of this job is to assist in providing fund accounting services to domestic clients (Mutual funds, Insurance companies, PMS clients and Alternative Investment Funds).
- Maintain and enhance working relationship with internal sections.
- SME (Subject Matter Expert) for the respective area of Operation.
- Assist the line manager in implementation of longer-term strategic vision for the operations unit. This includes testing and implementing system changes
Principal Accountabilities: Key activities
Impact on the Business / Function
- Security Master Setup Requests & Corporate Action processing: To ensure accurate tracking and creation of security masters/ corporate actions on system and escalation of issues / mismatches appropriately
- Reconciliations: Reconciling stock positions and cash transactions between custody and FA books on a periodic basis.
- Billing & MIS Reporting: Generation/preparation of various client bills and regulatory reports as per prescribed formats and timelines.
- Process and Productivity Improvement - Contribute towards cost saving / revenue enhancement initiatives for the business by automating the manual processes thereby improving the productivity
Customers / Stakeholders
- Ensure Operational Memorandum & Client SLAs are met at all times. Ensure that all new Client requirements are accepted if feasible.
- Explores avenues for service improvements and provides value-adds to clients on an ongoing basis.
- Tracks competitors with respect to service proposition, value-added services, best practices etc.
Leadership & Teamwork
- Ensure consistent teams performance, ideal work environment for individual learning and development
- Demonstrates improvement in process efficiencies and productivity for the team & Increased automation of manual processes, process reengineering and design and creating opportunities for staff to learn & grow.
- Stimulates effective team work and maintaining high team morale / job satisfaction
