Mutual Fund Operations

Overview:
As a Mutual Fund Operations professional, your responsibility will be to oversee the operational aspects of mutual funds, ensuring seamless execution and compliance with industry regulations. You will handle all key functions such as client onboarding, trade processing, reconciliations, compliance management, and client servicing. Your role is crucial in maintaining efficiency, accuracy, and regulatory adherence in mutual fund operations.

Key Responsibilities:
Client Onboarding:
Facilitate end-to-end client onboarding, ensuring smooth account setup and documentation completion.
Maintain accurate records of client onboarding processes for audit and compliance purposes.

Trade Processing:
Execute mutual fund trade orders accurately and within designated timelines.
Monitor trade settlements and ensure timely completion.
Identify and resolve trade discrepancies efficiently.

Reconciliation:
Perform daily, monthly, and quarterly reconciliations of transactions, positions, and cash balances.
Investigate and resolve any discrepancies identified during reconciliations.
Coordinate with internal teams and external parties for accurate reconciliation processes.

Compliance Management:
Stay updated with regulatory requirements and ensure adherence to industry standards such as Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
Conduct periodic compliance audits and reviews to ensure regulatory compliance.
Implement and maintain internal controls to mitigate compliance risks.

Client Servicing:
Assist clients with mutual fund transactions, account inquiries, and operational concerns.
Address client queries professionally and in a timely manner.
Build and maintain strong client relationships to enhance satisfaction and trust.

Investment Operations Coordination:
Facilitate coordination with AMCs, PMS providers, AIFs, Bonds, etc., for various investment operations and investor onboarding processes, ensuring compliance and operational alignment.

Reporting and Documentation:
Prepare and distribute reports related to mutual fund activities, including trade confirmations, NAV calculations, and performance reports.
Maintain accurate documentation of transactions, processes, and compliance activities.
Assist in regulatory filings and respond to regulatory inquiries as required.

Process Improvement:
Identify opportunities for process enhancements to improve operational efficiency.
Collaborate with cross-functional teams to implement automation and workflow improvements.
Stay updated on industry trends and best practices to enhance mutual fund operations.

Experience in mutual fund operations, fund accounting, or financial services is preferred.
Strong knowledge of mutual fund regulations, including SEC guidelines.
Excellent analytical skills with keen attention to detail and accuracy.
Ability to work effectively in a fast-paced environment and manage multiple tasks.
Problem-solving mindset with a proactive approach to issue resolution.

Bachelors degree in Finance, Business Administration, or a related field.

Certifications such as CFA (Chartered Financial Analyst) or CAMS (Certified Anti-Money Laundering Specialist) are a plus.