PMS Operations - Lead

Responsibilities

• Trade Settlement: Work closely with brokers, custodians, and fund administrators to ensure timely and accurate settlement of trades.
• Monitor trade confirmations, resolve any discrepancies, and follow up on failed trades.
• Maintain proper records of trade settlements and reconciliation.
• Rebalancing and Cash Management: Collaborate with the portfolio management team to implement portfolio rebalancing strategies and manage cash flows.
• Ensure accurate cash projections, timely fund transfers, and efficient allocation of funds across client portfolios.
• Performance Reporting: Generate and distribute performance reports to clients, providing accurate and detailed information on portfolio performance, asset allocation, and transaction history.
• Coordinate with the portfolio management team to gather necessary data and ensure report accuracy.
• Compliance and Risk Management: Ensure compliance with regulatory guidelines and internal policies related to portfolio management operations.
• Assist in conducting periodic compliance reviews, identifying any gaps, and implementing corrective measures.
• Monitor operational risk factors and contribute to risk management efforts.
• Data Management: Maintain accurate and up-to-date client and portfolio data in the system.
• Perform regular data validation and reconciliation to ensure data integrity.
• Collaborate with the technology team to enhance data management processes and systems.
• Process Improvement: Identify opportunities to streamline and automate operational processes to improve efficiency and reduce errors.
• Propose and implement process enhancements, leveraging technology and best practices.
• Relationship Management: Collaborate effectively with internal stakeholders, including portfolio managers, sales, and compliance teams, to ensure smooth operations and client satisfaction.
• Provide timely and accurate responses to inquiries from internal and external stakeholders.

Requirements

• Education: Bachelor s degree in Finance, Economics, Business, or a related field. Additional certifications or qualifications in operations or finance would be a plus.
• Experience: Minimum of 10+ years of experience in portfolio management operations, wealth management, or a similar role within the financial services industry.
• Knowledge: Familiarity with investment products, portfolio management processes, trade settlement, BSE Star and regulatory requirements in the wealth management industry.
• Proficiency: Proficiency in using Wealth management and MS Excel.
• Attention to Detail: Strong attention to detail and accuracy in data management and reporting. Ability to spot discrepancies and resolve issues proactively.
• Communication Skills: Ability to effectively communicate with internal teams, clients, brokers, and custodians.
• Analytical Skills: Strong analytical and problem-solving skills. Ability to analyze data, identify trends, and provide insights to support decision-making.
• Organizational Skills: Exceptional organizational and time management skills. Ability to prioritize tasks, meet deadlines, and multitask in a fast-paced environment.
• Team Player: Ability to collaborate effectively with cross-functional teams and contribute to a positive and collaborative work environment.