Associate - NPS Fund Operations

Job Title: Associate - NPS Fund Operations

Location: Andheri (Mumbai)

Total Work Experience : 0-2 years of experience in NPS operations, mutual fund operations, pension funds, or institutional asset management.

Qualification : MBA (Finance) / Commerce Graduate

Key Skills Competencies

• Basic understanding of finance, accounting, and capital markets.
• Internship or project exposure in mutual funds, pension funds, or financial services
• Basic knowledge of NAV, securities, or fund accounting
• Strong attention to detail and numerical accuracy.
• Good analytical and problem-solving skills.
• Proficiency in MS Excel (formulas, pivot tables preferred).
• Good communication and documentation skills.
• Willingness to learn regulatory and operational processes

Job Responsibilities :

To support the day-to-day operations of NPS funds, including treasury support, NAV processing assistance, regulatory reporting, and audit coordination, while learning PFRDA regulations and pension fund operational processes.

1**. Treasury Operations Management**

• Assist in daily cash position tracking for NPS schemes (Tier I Tier II).
• Support trade settlement activities by coordinating with custodians and banks.
• Help process corporate actions (interest, dividends, maturity proceeds).
• Perform bank and custodian reconciliations under supervision.
• Maintain records related to inflows, outflows, and settlements.

2. NAV Process Support

• Assist in daily NAV computation activities and data validation.
• Support verification of security prices, accruals, and expenses.
• Help identify and report NAV exceptions or discrepancies.
• Ensure timely upload and archival of NAV-related reports.

3. Regulatory MIS Reporting

• Support preparation of daily, monthly, and quarterly reports as per PFRDA requirements.
• Assist in portfolio and NAV disclosures to CRA, Trustee Bank, and internal teams.
• Maintain MIS trackers, dashboards, and documentation.
• Ensure accuracy and timeliness of data shared with stakeholders.

4. Audit Compliance Support

• Assist during internal, statutory, and PFRDA audits.
• Help compile data, reports, and supporting documents for auditors.
• Track audit observations and support closure actions.
• Follow standard operating procedures (SOPs) and compliance guidelines.

5. Learning and Process Support

• Gain working knowledge of NPS structure, PFRDA regulations, and investment guidelines.
• Participate in process improvement initiatives and system enhancements.
• Coordinate with internal teams (Investment, Compliance, Risk, Technology) for operational support.
• Maintain accurate documentation and process notes.

Key Stakeholders

• Internal Teams.
• Custodian Trustee Bank.
• Central Recordkeeping Agencies (CRA)
• Auditors Regulators (PFRDA)

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.