Team Leader, Fund Accounting
Location : Mumbai
Vacancy Type : Permanent
Work Timings : EMEA
Work Mode : Hybrid
- Only Mumbai Based Candidates
Roles & Responsibilities :
Operational Management
Ensure all internal and external service levels and regulatory deadlines are met within the Fund Accounting teamEnsure all task procedures are followed in order to result in accurate Fund NAV calculation, accrual of income and expenses are correctly accounted, various reporting’s like income statement, P&L, balance sheet, etc and fund pricing where the team is able. On an ongoing basis, ensure all procedures are maintained and that they reflect updates brought about from internal policy or regulation changesSupport and review business process and system changes, ensuring business accuracy around all documentation and impacts to service deliveryDevelop and maintain relationships with Fund Solutions internal teams (e.g., Investment Compliance, Investment Risk, Client Services, IT, Oversight, Finance, Compliance, Product and Change Delivery)Support the continued creation of the “hub and spoke” operating model, ensuring offshore hub is established with appropriate controlsRespond to enquiries promptly, proactively handling issues, and striving for the highest levels of customer serviceAccurately review, and complete various operational tasks in a timely manner including but not limited, review of data updated correctly in the system, review of Fund Accounting related activities, review of Pricing related activities, etcReview of transaction processing, asset set-up and maintenanceMaintain department procedures in accordance with regulatory requirements, SLA’s, best practice, and Company policiesProvide a contact point and / or assistance with queries from Clients, IMD’s, Depositories, etc and key contactsIdentify instances of non-compliance and refer to the Team Leaser, Operations Manager, UK Senior Managers, and the Compliance Department, and resolve themTo develop and maintain positive working relationships with Clients, IMD’s, Depositories, etc and key contactsCreate and maintain effective working relationships with colleagues and assist other areas of the business as and when requiredMaintain an awareness and understanding of the investment industryMaintain own professional competenceProvide information to Clients, IMD’s, Depositories, etc on requestResolving complaints and solving problems on behalf of Clients, IMD’s, Depositories, etc.Maintenance of departmental Risk RegisterAssisting the Team Leader, Operations Manager respond to regular reviews and Compliance VisitsLiaise with the Team Leader, Operations Managers to bring about positive change within the DepartmentFor areas of responsibility, ensureEmerging risks are identified, assessed, and captured within the departmental risk register and, where appropriate, subject to escalation to senior managementOperational controls are carried out in accordance with the laid down business policies and proceduresActions for control improvements are dealt with in accordance with agreed timescalesProactivity in identifying areas for control improvement.Requirement :
Knowledge of UK fund legislation, Fund Administration, and the regulatory environmentPrevious experience of overseeing assets held within Fund structures, e.g., NAV calculation, income and expenses for the funds, asset pricing, fair value pricing and fast market oversightExcellent working knowledge of Microsoft applications (e.g., Word, Excel, Outlook, PowerPoint)Excellent verbal and written communicationExcellent analytical skills with particular focus on investment / market dataThe ability to work to strict deadlines whilst maintaining a high level of accuracyProven ability to operate independently and take the initiativeIOC level 1 certification would be added advantage or must pass IOC level 1 certification within probation periodA Bachelors or master’s degree in Business Or Finance Or Banking related discipline from a reputed College / UniversityAbility to work under pressure / to tight deadlines. Experience of working in a busy highly deadline-driven departmentBasic understanding of relevant industry knowledge and commercial impactsWillingness to work in Rotational ShiftsYour Profile :
5+ years of experience in Fund accounting and NAV calculation1+ years of team handling experiencePrevious experience in a Middle Office or Investment Operations backgroundExperience of Asset trade administration or trade captureRelevant regulatory exams (e.g., IOC, IMC)Customer focused with the ability to collaborate with others to achieve desired outcomesExcellent attention to detailPrioritisation and time management skills, demonstrating flexibility and ability to work autonomouslyDemonstrates good teamwork ethic, showing willingness to assist peers and take on additional tasksActively seeks out self-improvement, professional development opportunities and feedbackTakes ownership of role, responsibilities, and impact on the wider teamThe above list of key accountabilities is not an exhaustive list and may change from time to time based on business needs. In addition, as the role is part of a global team travel and flexibility to work outside standard hours may be required in this role.Interested?
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