Dealer - ETF/Passive schemes - Mumbai

Angel One Asset Management Company Limited (AMC)

Job Title Dealer - ETF/Passive schemes

Reporting to Fund Manager

Location Mumbai

Job Description

Effectively manage order execution and portfolio rebalancing activities for ETF and index fund mandates, ensuring timely alignment with benchmark compositions and investment objectives. Execute trades with a strong focus on minimizing market impact, controlling transaction costs, and maintaining tracking accuracy. Coordinate with brokers and internal stakeholders to optimize liquidity utilization and ensure seamless settlement processes.

Key Responsibilities

• Execution of orders for ETFs & Index funds on NSE/BSE.
• Coordinating with Clients & brokers for execution of baskets.
• Coordinating with Market Makers for facilitating trades on the exchange.
• Planning & execution of rebalance orders for ETFs/Index funds.
• Understanding & execution of trades in Securities lending & borrowing markets
• Ensuring Tracking Error of schemes is low.
• Uploading all trades in ETF system.
• Tracking Corporate Actions for ETFs / Index funds.
• Assisting Fund Manager
• Back up as Fund Manager in the absence of the primary Fund Manager

Experience

2- 4 years of experience in ETF Dealing, mutual fund industry

Key skills

• Strong Knowledge of financial markets and Indian Mutual Fund industry
• Knowledge of SEBI MF regulations and AMFI guidelines
• Communication skills
• Ability to think out of the box
• Analytical bent of mind with a research inclination.

Qualifications

MBA (preferred) or CA or CFA or equivalent qualification