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Investment Ops Multi-Focus P4

Investment Ops Multi-Focus P4

ConfidentialMumbai, India
9 days ago
Job description

This job is with Invesco, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

As one of the world&aposs leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.

If you&aposre looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!

Job Description

Position Name : Deputy Manager

Department : Registrar & Banking Operation (MIS and Taxation)

Formal Education : (minimum requirement to perform job duties)

  • CA, Post Graduate, Graduate with 1-3 years of experience in Financial Service sector

Work Experience / Knowledge

  • Minimum of 1 year experience in operations role
  • Preferably from Mutual Fund or financial sector with some knowledge of Registrar, Fund accounting, banking, depository, brokerage, KYC documentation, fee and commission calculation etc.
  • Special focus will be on the knowledge of the taxation aspect of mutual fund investors like capital gains taxation of various mutual fund products, TDS on dividend / capital gain, GST, STT, Stamp Duty, etc.
  • Understanding of current regulatory environment for financial services in India
  • Good understanding of Excel, Income tax queries / data requirements and other reporting tools.
  • FATCACRSTDS compliance understanding will be added advantage
  • Personal Characteristics And Behaviours

  • Ability to conduct proper analysis and present data in a meaningful way
  • Focussed approach and detail orientation
  • Team player who thrives in a collaborative work environment
  • Open minded, flexible, and willing to listen for other people&aposs opinions
  • Interpersonal skills necessary to effectively communicate with a variety of individuals
  • Excellent verbal and written communication skills
  • An Eye for details and ability to interpret and analyse new regulations pertaining to taxation, mutual fund operations, etc..
  • Job Responsibilities

    Coordinate / arrange / prepare, validate and uploadsend reports for

    Statutory purpose to SEBI, Income Tax dept, AMFI, RBI, etc.

    Business / Management

    Control on various tax filings like TDS returns, STT, FATCA / CRS, etc and also handling queries from IT department and rectification of returns. Coordinating with the tax consultants for various internal notes / tax reckoner / taxation clauses in SAI / SID / NFO, etc. and ability to comprehend the same. Scrutinizing various Registrar reports like daily transactions reports, AUM, MCR,dividend, redemption, TDS, Stamp Duty etc, highlight discrepancies, if any and get the same rectified Expense handling for the schemes and analysis of the same including monthly expense provisions. Outsourcing review of registrar All kind of audit coordination with registrars like a) Internal, b) Statutory, c) System, d) Cyber Security, e) Third party etc Coordination for various risk management reports & submission to CRO Back up coordination for commission, banking, unit control and reconciliation with Registrar, banks, depositories, other vendors Supporting new products and services

    Full Time / Part Time

    Full time

    Worker Type

    Employee

    Job Exempt (Yes / No)

    No

    Workplace Model

    At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least four days a week, with two days working outside an Invesco office.

    Why Invesco

    In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other&aposs identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.

    We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).

    What&aposs in it for you

    As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.

    Our Benefit Policy Includes But Not Limited To

  • Competitive Compensation
  • Flexible, Hybrid Work
  • 30 days&apos Annual Leave + Public Holidays
  • Life Insurance
  • Retirement Planning
  • Group Personal Accident Insurance
  • Medical Insurance for Employee and Family
  • Annual Health Check-up
  • 26 weeks Maternity Leave
  • Paternal Leave
  • Adoption Leave
  • Near site Childcare Facility
  • Employee Assistance Program
  • Study Support
  • Employee Stock Purchase Plan
  • ESG Commitments and Goals
  • Business Resource Groups
  • Career Development Programs
  • Mentoring Programs
  • Invesco Cares
  • Dress for your Day
  • In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.

    To Know More About Us

    About Invesco : https : / / www.invesco.com / corporate / en / home.html

    About our Culture : https : / / www.invesco.com / corporate / en / about-us / our-culture.html

    About our D&I policy : https : / / www.invesco.com / corporate / en / our-commitments / diversity-and-inclusion.html

    About our CR program : https : / / www.invesco.com / corporate / en / our-commitments / corporate-responsibility.html

    Apply for the role @ Invesco Careers : https : / / careers.invesco.com / india /

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    Skills Required

    Banking, Excel, Depository, Brokerage

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    Ops • Mumbai, India