VP - Operations - PMS - CA

Our client is a SEBI-registered, leading portfolio management services (PMS) company established in 2012. They cater to the growing need of the high net worth investors (individuals, family offices and institutions) all over the world to invest in the Indian capital markets. They manage the investors' capital with expertise, accountability and transparency. The portfolio managers have a combined experience of over 50 years in the capital markets and over 30 years in managing funds and this expertise has been developed over multiple business cycles since 1991. Their current AUM is ~ INR 900cr.

JD:

We are hiring a highly skilled and experienced Operations leader for our client. The ideal candidate will be responsible for overseeing all operational aspects, including managing compliance, fund management, clients' account audits, SEBI internal audits and general operational efficiency. This role will play a critical part in ensuring that our operations run smoothly and align with regulatory requirements and industry best practices.

Key Responsibilities:

- Develop and implement operational strategies to optimize efficiency and effectiveness.

- Supervise trade execution & EOD bifurcations/allocations and settlements

- Ensure compliance with all regulatory standards and requirements.

- Manage fund operations, including fund accounting, settlements, and reconciliations.

- Manage liaison with brokers, custodians and banks for PMS operations

- Client account audits and internal audit as per SEBI's PMS Regulations

- Collaborate with internal teams to streamline workflows and enhance operational performance.

- Monitor and manage risk associated with operational activities.

- Lead and mentor a team of operations professionals

- Stay abreast of industry trends, regulations, and best practices.

Qualifications:

- Chartered Accountant (CA) qualification is mandatory.

- 5 to 10 years of progressive experience in operations within the financial services industry, preferably in PMS, Alternative Investment Funds (AIF), Mutual Funds, or banks.

- Additional qualifications such as Company Secretary (CS) or a law degree would be advantageous.

- Excellent written and oral communication skills.

- Strong leadership abilities with a proven track record of managing and developing teams.

- Ability to thrive in a fast-paced, dynamic environment.

- Detail-oriented with a strategic mindset.

Preferred Skills:

- Knowledge of relevant laws, regulations, and compliance standards.

- Familiarity with financial software and systems.

- Proven ability to drive operational excellence and continuous improvement initiatives.