Deputy Manager/Manager - PMS/AIF Operations - AMC, Mumbai Job Description Template
The Deputy Manager/Manager for PMS/AIF Operations at AMC in Mumbai will be responsible for managing portfolio and alternate investment fund operations, ensuring all regulatory and compliance requirements are met, and driving operational efficiencies. This role requires strong analytical skills, comprehensive knowledge of financial markets, and experience with fund management operational processes.
Responsibilities
- Manage daily operations of Portfolio Management Services (PMS) and Alternate Investment Funds (AIF).
- Ensure all regulatory and compliance requirements are met.
- Prepare and review reports on operational performance.
- Oversee transaction processing and reconciliation activities.
- Coordinate with stakeholders including fund managers, custodians, and auditors.
- Implement and monitor operational procedures and controls.
- Identify areas for process improvement and drive operational efficiencies.
Qualifications
- Bachelor’s degree in Finance, Accounting, or related field.
- At least 5 years of experience in fund management operations, specifically in PMS and AIF.
- Strong understanding of the financial regulatory landscape.
- Proven track record of managing operational teams.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
Skills
- Financial Analysis
- Regulatory Compliance
- Operations Management
- Portfolio Management
- Risk Management
- Process Improvement
- Data Analysis
- MS Excel
- Communication Skills
Frequently Asked Questions
A Deputy Manager/Manager in PMS/AIF Operations at an Asset Management Company (AMC) oversees the execution and management of Portfolio Management Services (PMS) and Alternative Investment Funds (AIF). They ensure compliance with regulatory requirements, manage client portfolios, and coordinate with various departments to optimize fund operation efficiency. Their role involves financial analysis, risk assessment, and strategic asset allocation to enhance customer satisfaction and business growth.
To become a Deputy Manager/Manager in PMS/AIF Operations, candidates typically need a degree in finance, business administration, or a related field. Professional qualifications like CFA or CFP can be beneficial. Experience in financial services, especially in asset management or investment banking, is crucial. Building expertise in regulatory compliance, portfolio management, and financial analysis are also key steps towards securing this role.
The average salary for a Deputy Manager/Manager in PMS/AIF Operations in Mumbai varies based on experience, company size, and industry standards. Typically, professionals in this role can expect competitive compensation packages including base salary, bonuses, and benefits. Salary benchmarking also takes into account the individual's skills in asset management and familiarity with the regulatory framework.
Candidates aspiring to be a Deputy Manager/Manager in PMS/AIF Operations generally require a bachelor's or master's degree in finance, economics, or business administration. Additionally, certifications such as CFA, CFP, or a similar credential add value. Relevant experience in asset management, investment banking, and compliance, as well as strong analytical skills, are also essential for this position.
A Deputy Manager/Manager in PMS/AIF Operations must possess strong analytical and problem-solving skills, along with excellent financial acumen. They handle portfolio analysis, risk assessment, and compliance management. Key responsibilities include overseeing fund operations, liaising with stakeholders, ensuring adherence to regulatory norms, and driving operational efficiency. Effective communication and leadership abilities are also vital for success in this role.