Deputy Manager/Manager - PMS/AIF Operations - AMC, Mum Job Description Template
This role involves leading and managing the operations for Portfolio Management Services (PMS) and Alternative Investment Funds (AIF) within an Asset Management Company. The candidate will ensure compliance with regulatory requirements, oversee day-to-day operations, and collaborate with various departments to ensure seamless fund performance.
Responsibilities
- Manage daily operations for PMS and AIF, ensuring efficiency and accuracy.
- Ensure compliance with SEBI regulations and other statutory requirements.
- Coordinate with internal teams for seamless fund operations.
- Monitor and report on fund performance.
- Liaise with custodians, brokers, and other financial intermediaries.
- Implement and improve operational processes.
- Handle client queries and provide timely resolutions.
- Prepare and submit regulatory filings and reports.
Qualifications
- Bachelor's degree in Finance, Business, or related field.
- At least 5 years of experience in PMS/AIF operations.
- In-depth knowledge of SEBI regulations.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proven ability to work under pressure and meet strict deadlines.
Skills
- Fund Management
- Regulatory Compliance
- Operational Process Improvement
- Client Relations
- Analytical Reporting
- Communication
Frequently Asked Questions
A Deputy Manager in PMS/AIF Operations is responsible for managing portfolio management services, adhering to regulatory requirements, and ensuring smooth operational workflows within an Asset Management Company (AMC). This role involves closely monitoring transaction processes, handling client interactions, and ensuring compliance with industry regulations. They also help in financial reporting and analyzing market trends.
To become a Manager in PMS/AIF Operations, candidates typically need a background in finance, economics, or related fields along with experience in asset management or investment operations. Relevant certifications such as CFA or CPA can enhance qualifications. Strong analytical skills, attention to detail, and robust knowledge of financial markets are crucial for advancing to this role.
The average salary for a Deputy Manager in PMS/AIF Operations at an AMC can vary based on factors like geographic location, the individual's level of experience, and the size of the AMC. Generally, this role sees a competitive remuneration package which may include base salary, bonuses, and other financial incentives, reflective of the responsibilities and expertise required.
Qualifications for a role in PMS/AIF Operations typically include a degree in finance, accounting, or a related discipline. Professional certifications such as CFA, FRM, or CPA are highly valued. Experience in financial operations, familiarity with financial instruments, and a strong understanding of compliance and regulatory standards are essential.
A successful Manager in PMS/AIF Operations must possess strong analytical and problem-solving skills, attention to detail, and proficiency in financial software tools. Key responsibilities include overseeing portfolio management processes, ensuring compliance with regulations, managing client relationships, and collaborating with cross-functional teams to optimize operational efficiency and performance.