Senior Manager - Operations

Key Responsibilities

• 1. Client Onboarding & Servicing
• Supervise KYC, client agreement execution, and account activation processes for new MF/PMS clients, ensuring adherence to SEBI and AMFI KYC norms.
• Ensure proper documentation, digital record-keeping, and audit trail for all client-related operational activities.
• Coordinate with Business teams on onboarding turnaround time and client query resolution (redemptions, top-ups, fee computation).
• 2. Portfolio Operations & Trade Lifecycle Management
• Oversee end-to-end trade lifecycle for MF/PMS client portfolios – order capture, trade confirmation, settlement, and corporate action processing.
• Ensure timely and accurate reconciliation of holdings, cash, and trades with Custodian, Depository Participant, and Fund Accountant records.
• Monitor client-wise portfolio accounting and ensure segregation of client assets in line with SEBI (Portfolio Managers) Regulations
• Ensure reconciliations for all reporting aspects and valuations of the client portfolios
• Review and approve daily/periodic client statements, valuation reports, and performance reports before dispatch.
• 3. NAV, Valuation & Fee Computation
• Oversee computation and validation of client-wise NAV, and portfolio valuation in coordination with the Fund Accountant.
• Review management fee, performance fee (high-water mark/hurdle rate based), and expense computation for accuracy prior to client billing.
• 4. Regulatory Compliance & Reporting
• Ensure operational processes comply with SEBI (Portfolio Managers) Regulations and applicable SEBI circulars and APMI norms
• Support periodic regulatory filings/reports to SEBI and APMI as applicable to the MF/PMS business
• Act as the primary operations point of contact during internal audits, system audits, and SEBI inspections; ensure timely closure of audit observations.
• 5. Team Management & Leadership
• Lead, mentor, and manage a team of MF/PMS operations executives– allocate work, set performance goals, and conduct periodic reviews.