Operations Executive - Backend Mutual Funds

Job Description for Operations Executive - Back Office Mutual Funds Position:

Operations Executive - Back Office Mutual Funds

Location: Noida, Sector 62 Employment

Type: Full-time

Job Summary: The Back Office Operations Executive will be responsible for overseeing and managing mutual fund operations and processes. This role involves accurate and timely processing, record-keeping, and reporting of mutual fund transactions. The candidate will ensure that all operations comply with regulatory requirements and company policies.

Key Responsibilities:

• Transaction Processing: Handle the accurate and timely processing of mutual fund applications, redemptions, transfers, and other related transactions.

• Record Maintenance: Maintain and update client data and transaction records in the company’s database with high attention to detail.

• Compliance: Ensure that all operations comply with applicable regulatory standards (e.g., SEBI regulations) and internal company policies.

• Reporting: Prepare daily, weekly, and monthly reports related to mutual fund operations for management and compliance purposes.

• Reconciliation: Conduct regular reconciliation of fund transactions and balances with custodian records and other relevant data sources. • Client Support: Assist with back-office support by addressing inquiries related to mutual fund operations, ensuring timely responses to client or internal stakeholder requests. • Process Optimization: Identify areas of improvement in operational processes and assist in implementing enhancements to increase efficiency and accuracy. • Collaboration: Coordinate with other departments (e.g., front office, IT, compliance) to ensure seamless operations and effective communication. • Audit Preparation: Assist in preparing for internal and external audits by maintaining accurate records and documentation. Qualifications: • Education: Bachelor/master’s degree in commerce, Finance, Business Administration, or a related field. • Experience: 2-4 years of experience in mutual fund operations or a similar back-office role within the financial services industry. • NISM-Series-V-A: Mutual Fund Distributors Certification Examination Skills: o Strong knowledge of mutual fund processes and regulatory requirements. o Proficiency in MS Office applications, particularly Excel/ Google Sheet/ CRM. o Familiarity with financial software and database management. o Excellent analytical and problem-solving skills. o Attention to detail and ability to manage multiple tasks simultaneously. o Effective communication and interpersonal skills. Compensation: Competitive salary and benefits package, commensurate with experience and qualifications.