Asset Operations Analyst

PMS MID Office Operation, AYST

Job Description:

Job Title: PMS MID Office Operation, AYST

Location: Mumbai, India

Role Description

• Managed end-to-end PMS operations, including account opening, transaction processing, and client onboarding.
• Handled custodian KYC, NCA, regulatory name searches, and periodic risk classification for Wealth Management clients.
• Prepared PMS client reports, financials, and MIS with accuracy and timeliness.
• Resolved branch and client queries efficiently to support smooth operations.
• Reconciled bank and demat balances, ensuring accuracy and control.
• Ensured timely monthly, quarterly, and annual SEBI submissions.
• Monitored control breaches and escalated issues proactively.
• Coordinated with auditors for smooth financial reporting and compliance.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Understanding SEBI and RBI Guidelines: A thorough grasp of the SEBI (Portfolio Managers) Regulations, 2020 and other relevant SEBI circulars related to KYC and Anti-Money Laundering (AML) is required.
• Meticulously checking account opening documents against regulatory requirements and internal procedures.
• Forwarding the verified documents, including the POA, Demat account opening forms, and other relevant KYC documents, to the appointed custodian and empaneled broker.
• Actively addressing queries promptly to avoid delays in account opening and asset safekeeping.

Your skills and experience

• Knowledge of SEBI (Portfolio Managers) Regulations, 2020 and any subsequent amendments or guidelines issued by the Securities and Exchange Board of India. This includes requirements related to registration, net worth, reporting, disclosure, and investor protection.
• Implementation and adherence to the PMS provider's internal policies and procedures for risk management, investment guidelines, and operational processes is crucial.
• Maintaining accurate and up-to-date records of all transactions, compliance activities, and investor communications as mandated by SEBI and internal policies. 
• Strong Hold on Accounting System and Deep Understanding of Investment Products.
• Understanding and managing the accounting aspects of PMS operations, including recording financial transactions, reconciling accounts, and generating reports.
• Preparing and reviewing financial reports, including performance reports, balance sheets, profit and loss statements, and other regulatory filings.
• Ensuring the accurate calculation of Net Asset Value (NAV) for the PMS schemes as per the defined methodology and regulatory requirements.
• Regularly reconciling bank accounts, demat accounts, and broker ledgers to ensure accuracy. discrepancies. 
• Updation of Files in System: Settlement Calendar, Scrip Master, Invit/Reit Corporate action. Regularly updating the system with the latest prices of securities traded on the BSE and NSE for accurate portfolio valuation.
• Updating the system with relevant corporate actions like dividends, stock splits, bonus issues, rights issues, mergers, and acquisitions, and ensuring their correct impact on portfolio holdings.
• Reconciling management and advisory fees with system calculations and custody reports, alongside handling fee reversals and recoveries.
• Equity, Mutual funds, Various debt instruments like government bonds, corporate bonds, debentures and market instruments along with their features and yields.
• Creating a master of investment products in a PMS system without errors in detail and a robust understanding of various financial instruments and their characteristics.

Crucial Requirement:-

Education: -

• Graduate/Postgraduate in Accounting/Finance: candidate possesses the theoretical knowledge necessary for understanding financial products, markets, accounting principles, and regulatory frameworks relevant to PMS.

Experience: -

• At least 5-6 years of PMS experience: Direct experience within a PMS operation organization.
• Hands-on experience in MILES/WEALTH SPECTRUM platform i.e. PMS operation systems: 

Technical proficiency: -

• Proficiency in MS Office tools (Word, Excel, PowerPoint, MS Access)

Soft skills: -

• Strong communication and interpersonal skills, Fluent in both written and spoken English.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Experience Level

Senior Level