Manager- PMS/AIF Operations- BFSI Mumbai Job Description Template
As a Manager in PMS/AIF Operations, you will be responsible for managing the operational activities related to Portfolio Management Services and Alternative Investment Funds. You will ensure compliance with regulatory requirements, manage client relationships, and oversee the execution of operational processes.
Responsibilities
- Manage day-to-day operations of PMS and AIF.
- Ensure compliance with SEBI regulations and other legal requirements.
- Oversee fund administration and client reporting processes.
- Coordinate with custodians, brokers, and other service providers.
- Monitor performance metrics and operational risk.
- Improve operational processes for efficiency and accuracy.
- Manage a team of operational staff and provide training.
- Handle client queries and ensure high levels of client satisfaction.
- Prepare and present operational reports to senior management.
Qualifications
- Bachelor’s or Master's degree in Finance, Business Administration, or related field.
- Minimum of 5 years of experience in PMS/AIF operations in the BFSI sector.
- Thorough understanding of SEBI regulations related to PMS and AIF.
- Proven experience in a managerial role overseeing operations.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
Skills
- SEBI Compliance
- Fund Administration
- Client Reporting
- Operational Risk Management
- Team Management
- Analytical Skills
- Problem-Solving
- Communication Skills
- Interpersonal Skills
Frequently Asked Questions
A Manager in PMS/AIF Operations within the BFSI sector in Mumbai oversees the processing and administration of Portfolio Management Services (PMS) and Alternative Investment Funds (AIF). This role involves managing investment strategies, ensuring compliance with regulatory requirements, coordinating with investment managers, and optimizing operational processes to enhance service delivery to clients and stakeholders.
To become a Manager in PMS/AIF Operations in the BFSI sector in Mumbai, one typically needs a strong background in finance, accounting, or business management. Relevant experience in financial services, particularly in portfolio management or fund operations, is crucial. Advanced qualifications such as an MBA or a CFA may be advantageous. Networking and gaining experience in different financial roles can also pave the way to this managerial position.
The average salary for a Manager in PMS/AIF Operations in the BFSI sector in Mumbai can vary based on experience, organizational type, and the responsibilities entailed. Typically, compensation packages for such roles include a base salary, performance bonuses, and benefits. Managers in metropolitan areas like Mumbai may command higher salaries due to the cost of living and competition for top talent.
To qualify for a Manager role in PMS/AIF Operations in BFSI Mumbai, candidates often need a degree in finance, economics, or business administration. Professional certifications like CFA (Chartered Financial Analyst) or CA (Chartered Accountant) can be highly beneficial. Practical experience in financial markets, portfolio management, or investment operations is essential to develop the requisite skills and expertise.
A Manager in PMS/AIF Operations within the BFSI sector needs strong analytical and problem-solving skills to manage investment portfolios and ensure compliance. Responsibilities include overseeing fund operations, coordinating client reports, managing financial audits, and enhancing operational efficiencies. Excellent communication, leadership, and decision-making skills are also vital for liaising with stakeholders and guiding teams.