Operations Apprentice

Fresher Churchgate, Mumbai

Department: Operations
Reporting To: Head of Department
Designation: Apprentice
**No of Position:**1
Employment Type: Apprenticeship (12 Months)

Role Summary:

• The candidate would be a part of the Operations team. He / She will receive training in operations process. Learn to ensure process excellence, data accuracy, and leveraging technology to drive operational efficiency. This role provides an opportunity for cross-functional collaboration across Middle Office, Compliance, etc. to ensure seamless execution and sustainable growth of the firm.

What We're Looking For:

• Recent graduate, who is passionate about learning and performing in a scalable, compliant, and technology-enabled operations environment. Driven by precision, process excellence and the opportunity to learn how a high-growth platform serves its clients and stakeholders.

Key Responsibilities:

• 1. Client onboarding documentation.
• 2. Co-ordination with Brokers for opening client’s Trading Account & with Custodian for opening custody Demat and Bank account.
• 3. Cash management and monitoring of Custody Bank Statement on daily basis.
• 4. Recording all activities of the Funds, Separately Managed Accounts, Retail PMS, Proprietary A/cs in Wealth Spectrum (Portfolio Accounting System) and ensure the correctness of the entries posted (Trades, Income/Expenses, Corporate Actions, Pricing, etc.)
• 5. Daily reconciliation of cash and positions.
• 6. Daily trading activities of the portfolios i.e., post-market hours, trade execution verification with broker contract notes, etc.
• 7. Issuing settlement instruction to the Custodians for settlement of trades.
• 8. Daily portfolio accounting & valuation.
• 9. End of day reporting to internal teams such as Compliance, Fund Managers, etc.

Expected Skills:

• Accounting knowledge is desirable.

• Exhibit a strong sense of urgency, accountability and ownership of work, deadline driven.

• Proactive and self-motivated.

• English language skills, both spoken and written. Candidate must be able to speak fluent English and draft e-mails independently with correct grammar.

• High proficiency with MS Office – Excel, Word, PowerPoint.

• Maintain high accuracy with numbers.

• Good Team-player with ability to prioritize functions and tasks.

Experience & Education Qualification:

• Freshers, interested in developing their career in wealth management, asset management or investment operations of Indian PMS

• Graduate (B.Com. / BMS / BAF).

Email us at [email protected]