Manager- PMS/AIF Operations- AMC -Goregaon, Mumbai Job Description Template
The Manager for PMS/AIF Operations will be responsible for managing the operational processes of Portfolio Management Services (PMS) and Alternative Investment Funds (AIF) within the Asset Management Company (AMC), ensuring regulatory compliance, operational efficiency, and high-quality service delivery.
Responsibilities
- Manage daily operations of PMS and AIF including transaction processing and reconciliations.
- Ensure compliance with SEBI regulations and company policies.
- Coordinate with custodians, brokers, and banks for settlement of trades.
- Monitor and report on fund performance and risk metrics.
- Oversee client onboarding and KYC compliance processes.
- Enhance operational processes for efficiency and accuracy.
- Liaise with internal and external auditors.
- Develop and maintain processes for investor reporting and client communications.
Qualifications
- Bachelor's degree in Finance, Commerce, or related field.
- 5+ years of experience in Portfolio Management Services (PMS) or Alternative Investment Funds (AIF) operations.
- Strong knowledge of SEBI regulations and compliance requirements.
- Proficiency in financial software and tools.
- Excellent analytical and problem-solving skills.
- Strong attention to detail and accuracy.
- Exceptional communication and interpersonal skills.
Skills
- PMS Operations
- AIF Operations
- SEBI Compliance
- Financial Reporting
- Risk Management
- Operational Efficiency
- Client Onboarding
- KYC Compliance
- Data Analysis
Frequently Asked Questions
A Manager in PMS/AIF Operations at an AMC in Goregaon, Mumbai, oversees the operational aspects of Portfolio Management Services and Alternative Investment Funds. This includes managing fund operations, ensuring compliance with regulatory requirements, supervising client transactions, and optimizing portfolio performance. They work closely with fund managers, analysts, and clients, and may also be responsible for preparing performance reports and supporting growth strategies.
To become a Manager in PMS/AIF Operations at an AMC, one typically needs a background in finance, accounting, or business management, often at a graduate level. Professional certifications such as CFA or CA can enhance prospects. Experience in financial services, particularly in asset management, as well as strong analytical and leadership skills, are key. Networking and gaining relevant experience through roles such as an analyst or assistant manager can also be beneficial.
The average salary for a Manager in PMS/AIF Operations at an AMC in Goregaon, Mumbai varies depending on experience, qualifications, and the size of the asset management company. Typically, it can range widely. Additional benefits may include bonuses tied to fund performance, health insurance, and other perks. Candidates should research specific companies to get the most accurate data.
Qualifications for a career in PMS/AIF Operations at an AMC typically require a degree in finance, economics, or business administration. Professional qualifications such as CFA or CA are highly regarded. Additionally, strong knowledge of financial markets, investment strategies, and regulatory requirements are essential. Candidates should possess excellent analytical, communication, and leadership skills to excel in this demanding role.
A successful Manager in PMS/AIF Operations must have strong analytical skills to evaluate investment opportunities and fund performance. Leadership is crucial to manage teams and strategies effectively. They are also responsible for ensuring compliance with regulatory standards, optimizing operational processes, and maintaining strong client relationships. Technical proficiency in financial software and tools is also important. They must collaborate with various stakeholders to support and drive the assets under management growth.