Equity Operations - Settlement (PSS08013)

About the Company

A leading organization in the Mutual Fund industry, recognized for its operational excellence and commitment to regulatory compliance. The company operates at scale in the financial services sector, offering a dynamic environment for professionals seeking to contribute to a high-performing operations function.

Position Overview

The Manager / Senior Manager – Operations role is a key position within the Operations (Mutual Fund) department, reporting to the Head – Operations. The role exists to ensure accuracy, compliance, and efficiency across settlement, accounting, and reporting processes, supporting both domestic and international fund operations.

Key Responsibilities

• Review settlement and accounting of equity, ETF, and Future & Option (F&O) trades.
• Oversee Mark to Market (MTM) matching and ensure timely reconciliations.
• Manage margin placement and release processes for F&O transactions.
• Supervise ETF basket generation and coordinate with market makers for smooth execution.
• Collaborate with the Investment team and custodian to ensure seamless processing of ETF and foreign security transactions.
• Handle Forex booking and related entries in the back-office system for international funds.
• Prepare and review monthly, quarterly, and annual reports submitted to regulators.
• Prepare and review GST returns and ensure compliance with statutory requirements.
• Coordinate with internal, statutory, and SEBI auditors for audits and reviews.
• Assist in preparing and reviewing annual scheme financials and factsheets.
• Account for various scheme expenses and ensure accuracy in financial reporting.

Required Experience & Qualifications

• Education: Post Graduate qualification.
• Experience: Minimum 8+ years in operations within the Mutual Fund or related financial services domain.
• Leadership: Reports to the Head – Operations and collaborates with cross-functional teams including investment, custodial, and audit functions.
• Technical Expertise: Proficiency in settlement, accounting, ETF operations, F&O processes, MTM matching, Forex booking, and regulatory reporting.
• Soft Skills: Strong communication, negotiation, planning, and organizing abilities; proactive mindset; relationship management; positive attitude; and effective team collaboration.

Why Consider this Opportunity?

• Strategic role driving operational excellence in a regulated financial environment.
• High visibility through direct reporting to the Head – Operations.
• Opportunity to work across domestic and international fund operations.
• Exposure to complex instruments including ETF and F&O trades.
• Collaborative culture emphasizing compliance, accuracy, and continuous improvement.

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