Job Description

POSITION: Manager/Deputy Manager \xe2\x80\x93 Distributor OperationsReports to (Position): VP \xe2\x80\x93 OperationsPosition Purpose: To support the Brokerage/Distributor operations services activity of the India Mutual Fund business.Principal Accountabilities: Executing the Distributor operations activities for the Mutual Fund Knowledge of SEBI/AMFI regulations/guidelines

• Ensure proper implementation of the brokerage structure in line with the regulations
• Ensure brokerage structures are provided to RTA on time for facilitating computation
• Obtain necessary documents from distributors to facilitate for timely payment of brokerage
• Validating commissions as computed by RTA, coordinating to ensure timely and accurate payment of commissions, maintaining records of commission payments
• Evaluate opportunities to automate manual processes.
• Resolution of Distributor queries / Grievances.
• Servicing internal stakeholders by providing them with relevant distributor related data.
• Preparing Brokerage MIS for senior management review
• SEBI and other Regulatory reports preparation and submission

Operations Support

• Knowledge of SEBI/AMFI Mutual Fund Regulations/guidelines
• Coordinating with auditors during audits and responding to audit observations by carrying out necessary change in processes

Knowledge, Skills and Expertise

• Minimum 2/3 years\xe2\x80\x99 experience in distributor operations for a Mutual Fund / AMC
• Understanding of SEBI Regulations and AMFI guidelines
• Familiarity with technology, operating platforms, and software used in asset management industry
• Effective knowledge of MS Word, Excel, and PowerPoint
• Strong on analytics and problem-solving skills.
• Aptitude for building positive relationships

CertificationsNISM Series V - Mutual Funds Distributor Module certifiedCompetenciesExcellent Communication, both verbal and written
Collaboration \xe2\x80\x93 acts as a part of a team
Innovation & Continuous ImprovementAttributes

• Communicates with confidence - able to listen and convey information effectively
• Detail oriented
• Proactive, with high levels of motivation and energy

Preferred Industry Experience

• Minimum 2/3 years of experience in distributor ops of an Asset Management Company / Mutual Fund

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