AVP - Fund Accounting Services

Hiring for: A company which provides a comprehensive range of securities services (custody, fund administration, trustee services etc.) to domestic and international institutional investors.

Role: AVP - Fund Accounting Services

Positions: 1

Experience: 12 to 16 years

Location(s): Mumbai

Salary: Up to INR 40 LPA

PURPOSE OF THE ROLE

SBI-SG is looking for a candidate in AVP role to manage and supervise fund accounting service deliverables for a group of its clients. The candidate is required to posses a strong functional and operational skill along with an in-depth understanding of the local fund regulations, compliance, audit and risk control framework. The candidate with strong interpersonal skills and a team player would be driving People & IT initiatives and would be the key touch point for multiple clients for ensuring adherance of client SLAs.

RESPONSIBILITIES

• Manage operations of Fund Accounting activities for multiple clients and ensure stringent adherence to Regulatory requirements / Client SLAs.
• Operations would include NAV computation, Pricing & Valuation, Client Reporting and Reconciliation.
• Independent coordination with various stake holders (both internal and external) viz. Auditors, Clients, Vendors, IT Team etc.
• Increase scaleability through various process transformations viz. process automations, standardisation of solutions etc. Actively solicit risk mitigating process controls for the operations.
• Assist Product team in developing new product and/or service lines.
• Maintain and nurture relationship with all clients, understand client requirement, pro-actively explore feasibility and address them deftly to ensure client delight.
• Assist Business Development team to acquire new clients through pre-sales and post -sales participations.
• Ensure team is well versed with the required knowledge and skill sets required for effective performance delivery. Arrange various on-the-job training programs for the team and create resiliency plans across various functions within the team.

Educational Qualification Post Graduate degree in Management 

Overall Work Experience  13+ years of experience in Fund Accounting Operations / Mutual Fund Operations / Insurance Accounting. 5+ years in managerial position.

Other Technical/Behavioural Skills

• Sound knowledge of local regulations pertaining to Mutual Funds / PMS / AIF / Insurance / Hedge Funds. Sound functional knowledge of the functioning of the capital market and fixed income market.
• Knowledge of Multifonds would be an additional advantage.
• Effective leadership with requisite interpersonal skills necessary to develop, sustain and retain key talents or performers.
• Strong presentation skills, ability to communicate clearly, concisely and effectively in English, both oral and written.
• Strong planning and organisational skills, with a proven ability to prioritise competing demands and communicate this effectively.
• Working knowledge of operational toolkit such as Python, RPA (BluePrism, Automation Anywhere), visualization (Tableau, Spotfire) and/or Digital Process Automation will be a plus.