PMS/AIF Operations Team Member

Axis Asset Management Co Ltd

Ahmedabad

Not disclosed

Work from Office

Full Time

Min. 7 years

Job Details

Job Description

Team Member

JOB DESCRIPTION

JOB TITLE

Team Member- PMS/AIF Operations (GIFT City)

Reports too

Team Leader

No of Direct reportees

-

Department

Operations

Position Grade Range

Manager/Sr. Manager (May vary depending on experience)

Location

GIFT City

 

JOB PURPOSE:

  • Management of PMS/AIF Operations –Customer on-boarding, Investments, Banking and Fund Accounting Operations

JOB REQUIREMENTS:

  • Sound knowledge of PMS/AIF products and structure
  • Hands on knowledge of PMS /AIF operational processes, SEBI regulations etc.
  • Knowledge of RBI/FEMA regulations including knowledge of regulations applicable to GIFT City r.t. NRI bank /PIS accounts etc. (Preferable)
  • Client On-boarding
  • Account opening, Verification of documentation including application forms, agreement, KYC documents etc. (including NRI investors (NRE/NRO))
  • Co-ordination with RTA, custody w.r.t. status of forms, status of a/c opening
  • Maintenance of MIS
  • Handling customer queries and reverting within the decided TAT with proper co-ordinations with RTA/Bankers/Custodians
  • Co-ordination with Trustees for documentation etc.
  • Banking and Fund Accounting operations
  • Preparation of daily cash slow, Banking, Fund movement, Account opening etc.
  • Verification of Bank Reconciliation, holding reconciliations
  • Settlement of trades
  • Processing collections/redemptions
  • Reporting to Fund manager/Dealer on position of cash /stocks & providing client/Scheme’s data as and when required.
  • Co-ordination with custodians/RTA with respect to Account opening, maintenance & closure of client bank and Demat account, trade processing, corporate action etc. 
  • Co-ordination with HO Operations team w.r.t. subscriptions, redemptions and MIS
  • Providing all the data to HO team w.r.t. regulatory filing, internal MIS
  • Reconciliations- Holding/Bank
  • Others
  • Sound knowledge of Taxation (especially AIF category II & III fund) i.e. Income Tax, TDS, GST
  • Knowledge of Forex Transactions, Fund transfers
  • Proficiency in use of softwares/applications related to these businesses
  • Administrative responsibilities related to office

EDUCATIONAL QUALIFICATION & EXPERIENCE

  • Post Graduate, MBA, CA etc.
  • At least 7-8 years of experience in PMS/AIF operations

PERSONAL ATTRIBUTES

  • Independent management of branch operations
  • Communication skills- Verbal and Written
  • Presentation & analytical skills
  • Customer focus

OTHER REQUIREMENT

  •  Knowledge of “Wealth spectrum” system (Preferable)
  • Hands on knowledge of Excel, word, PowerPoint etc.

Job role

Work location

Ahmedabad

Department

Operations

Role / Category

Banking - Treasury & Forex

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Min. 7 years

About company

Name

Axis Asset Management Co Ltd

Job posted by Axis Asset Management Co Ltd

Apply on company website