Fund Manager - Quant Passive & Solution Oriented Funds - Bank

Fund Manager - Quant, Passive and Solution Oriented Funds

JOB DESCRIPTION :

A. BASIC INFORMATION :

Job Title : Fund Manager - Quant, Passive and Solution Oriented Funds

Direct Reporting : Head - Quantitative Investments

Designation : VP/AVP Dotted line/any other reporting

Department : Fund Management

Location : Mumbai, OWC

B. PURPOSE OF THE ROLE (In 2-3 sentences, please list out the purpose of your job). You should capture the true essence of your job. Please do not use this space to list the daily activities you do in your role. Only the overall summary is required) A key member of the Fund Management team responsible for developing & managing range of products like Index Funds, ETFs, Fund of Funds (including International), Smart-Beta Funds, AI/ML led Quant Funds

C. KEY ACTIVITIES :

Critical :

- Routine Responsible for managing Passive Funds like Index, ETFs etc.

- Managing entire workflow as per regulatory guidelines including overviewing dealing. Conduct Index / ETF analysis with respect to portfolio, reconciliations, rebalancing etc and ensure that there is a seamless trade execution from all aspects.

- Research Quantitative and Fundamentals ; Development of data driven and quantitative models, frameworks across various processes.

- Develop model/structure for solution-oriented Funds like Fund of Fund (Including international), Smart Beta Funds etc. and manage the said fund independently from all aspects.

- Peer Comparison of Quant, Passives & Solution oriented funds - Responsible for maintaining /reviewing existing quantitative models, understanding of quantitative models using AI/ machine learning methodology and statistical tools. Product Testing - Understanding changes-related to risks and opportunities as part of the Fund Management team

- Track macro-economic variables & other developments

- Analyze and validate trades. Reconcile portfolio positions daily and tracking errors if any

- Efficiently managing Fund expense ratio

- Supporting Sales team in marketing activities like Conference calls, Presentations to Channel Partners etc. to increase IDFC AMC's foothold in Quant, Passive and Solution Oriented fund.

D. DISPLAY : KNOWLEDGE SKILLS AND EXPERIENCE (In this section, please articulate the minimum skills, qualifications and experience required for a new joiner to perform the job to a reasonable level of satisfaction.) Educational Qualifications

- Financial Qualification such as CA / MBA in Finance / Quantitative Finance / CFA

- Additional Certifications/Trainings (desirable)

- Prior Experience

- 8-12 yrs. experience in dealing &/or managing Passive funds/ Solution oriented funds/ Quant fund with Minimum 3 years experience in Fund Management role.

- Multi asset class exposure with quantitative modelling experience, financial modelling, fundamental research, strategy back-tests, portfolio analytics and optimization etc.

Domain Knowledge :

- Must have knowledge of capital market (Fixed Income / Equity); understanding of difference exchanges, trading platforms, Bloomberg etc. Research and quant skill. IT Skills

- Good in excel, using of trading platforms, Bloomberg, Quantitative research, Macroeconomics etc.

E. COMPETENCIES (In this section, please indicate the key behavioural and technical attributes required to perform the job) Behavioural :

- Technical Team player Fund Management, Trade execution and reconciliation Ownership & Execution

- Data Analysis / Quant Skill/ Research Adaptability Strong analytical problem-solving skills with an ability to pick up new concepts quickly

- Time management, Communication.