Job Description

About - Whole Sale Banking Product - Fund Services


The Wholesale Banking Products Department focuses on the gamut of corporate products viz. Current Account,


CMS, Trade (Domestic & Cross Boarder) & Supply Chain Finance, Sector Solutions, Capital Account and Custody &


Capital Markets; IPO & Escrows. Provides digital solutions with advanced technology. Manages business strategy


and Sales & solutions. Gujarat International Financial Tec-City (GIFT)


Fund Services is a niche segment focus on Domestic - PMS, AIF, MF, Insurance etc and offering Fund Accounting


Services for Portfolio Managers (PMS), Alternative Investment Funds (AIFs) & MF/Insurance in India and Gujarat


International Financial Tec-City (GIFT)


About the Role


Fund Services [FS] - Fund Accounting


The role is to execute and manage fund accounting operations for Mutual funds and Insurance funds and warrants


relevant operational and regulatory knowledge, experience and fund accounting background. The role involves


ensuring daily execution of NAV of Mutual Fund/Insurance fund schemes, ensuring complete and accurate


daily/weekly/monthly client reporting as per SLA plus regulatory reporting, ensuring timely execution of assigned


task, various MIS reporting to management, Handling client's for regular and adhoc requirements and operational


concerns, handling client's and other audit, active participation in system developments and digital adoption


Key Responsibilities


1) To manage the day-to-day operations of a small-to medium-sized fund accounting client.


2) To manage the daily accounting and net asset value (NAV) production workflow to service multiple funds. To


Handle daily activities which is inclusive and not exhaustive containing Capital accounting, trades processing,


Income and Expenses accounting, corporate action benefits, Reconciliations, calculations of distributable


surplus, Interest accruals and amortizations, equalization, capital gain loss, etc


3) Responsible for accurate calculation and Dissemination of NAV.


4) To ensure transaction processing and client deliverables as per agreed SLA, monitoring and ensuring


implementation of all relevant regulatory changes


5) To liaise with all internal and external stakeholder including clients for all required data and support


6) To handle client's audit and related requirements


7) To handle escalations if any and ensuring high customer satisfactions score


8) To conduct UAT and system testing for system enhancements or new requirements


Qualifications


CA / CFA /Inter CA/ MBA/Graduate with prior experience in a similar role for 4+ years


NISM certification in mutual fund module, Other Certifications in the relevant area would be an added


advantage


Role Proficiencies:


Positive and collaborative attitude with excellent interpersonal and communication skills


Good knowledge of SEBI & RBI regulations & policies in the relevant areas


Solution oriented Team player


Proactive in learning & self-development


Preferred to have expertise in MSOffice, Wealth Spectrum and Multi Fond system