PMS/AIF Operation - BFSI Sector Job Description Template
The PMS/AIF Operation specialist role in the BFSI sector involves managing the operational aspects of portfolio management services and alternative investment funds. The position ensures orderly execution, compliance, and diligent management of financial assets within regulatory frameworks.
Responsibilities
- Oversee the daily operations of PMS and AIF within the BFSI sector.
- Ensure compliance with regulatory requirements and company policies.
- Coordinate with fund managers, custodians, and other stakeholders.
- Manage client onboarding and documentation processes.
- Monitor fund performance and generate regular reports.
- Address and resolve operational issues promptly.
- Implement process improvements to enhance operational efficiency.
Qualifications
- Bachelor's degree in Finance, Business Administration, or related field.
- Minimum of 3-5 years of experience in PMS/AIF operations or a similar role.
- In-depth knowledge of the BFSI sector and regulatory requirements.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal abilities.
Skills
- Investment Management
- Regulatory Compliance
- Operational Efficiency
- Client Onboarding
- Stakeholder Coordination
- Analytical Reporting
- Process Improvement
- MS Office Suite
- Financial Software
Frequently Asked Questions
A PMS/AIF Operation Specialist in the BFSI sector manages and oversees the operations related to Portfolio Management Services (PMS) and Alternative Investment Funds (AIF). They are responsible for ensuring compliance with regulatory requirements, managing investor transactions, and maintaining accurate records. Additionally, they handle reporting to stakeholders and facilitate seamless operations to improve service delivery.
To become a PMS/AIF Operation Specialist in the BFSI sector, candidates typically need a bachelor’s degree in finance, business administration, or related fields. Relevant work experience in financial services, particularly in portfolio management or fund administration, is crucial. Additionally, knowledge of regulatory compliance and proficiency in financial software tools are often required to excel in this role.
The average salary for a PMS/AIF Operation Specialist in the BFSI sector varies based on experience, location, and company size. Generally, professionals in this field can expect competitive compensation, with entry-level positions offering moderate salaries and the potential for significant growth as expertise and responsibilities increase. Salary packages often include performance incentives and bonuses.
Essential qualifications for a PMS/AIF Operation role in the BFSI sector typically include a degree in finance, economics, or business. Some employers may prefer candidates with certifications in financial analysis or investment management. Strong analytical skills, proficiency in financial software, and an understanding of compliance regulations are vital for success in these roles.
Skills required for a PMS/AIF Operation Specialist include attention to detail, analytical thinking, and a strong understanding of regulatory requirements. Responsibilities entail managing investor transactions, ensuring compliance, generating reports, and improving operational efficiency. Proficiency in financial software and excellent communication skills are also crucial for liaising with stakeholders and investors.