PMS Operations - Lead

Dezerv; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Dezerv is seeking a seasoned Portfolio Operations professional to lead trade settlements, confirmations, and reconciliations, while coordinating rebalancing and cash management activities for multiple client portfolios.

The role emphasizes data integrity, accurate performance reporting, and strict regulatory compliance, requiring 10+ years in wealth/portfolio operations and strong MS Excel skills in a fast-paced environment.

Qualifications

• Education: Bachelor’s degree in Finance, Economics, Business, or a related field.
• Experience: Minimum of 10+ years in portfolio management operations, wealth management, or a similar role within financial services.
• Knowledge: Familiarity with investment products, portfolio management processes, trade settlement, BSE Star and regulatory requirements.

Responsibilities

• Trade Settlement: coordinate with brokers, custodians, and fund administrators for timely, accurate settlements.
• Monitor trade confirmations, resolve discrepancies and follow up on failed trades.
• Maintain records of settlements and reconciliations.
• Rebalancing and Cash Management: work with PM team on rebalancing strategies and cash flows.
• Ensure accurate cash projections and fund transfers across client portfolios.
• Performance Reporting: generate and distribute portfolio performance reports with transaction history.
• Coordinate with PM team to ensure report accuracy.
• Compliance and Risk: ensure regulatory compliance and internal policies; conduct periodic reviews and address gaps.
• Data Management: maintain client and portfolio data; perform regular validation and reconciliation.
• Collaborate with technology to enhance data processes and systems.
• Process Improvement: identify and implement process enhancements using technology.

Skills

MS Excel

Analytical skills

Communication skills

Attention to detail

Organizational skills

Education

Bachelor's degree in Finance, Economics, Business, or related field

Tools

Wealth management software

Job description

Responsibilities

• Trade Settlement: Work closely with brokers, custodians, and fund administrators to ensure timely and accurate settlement of trades.
• Monitor trade confirmations, resolve any discrepancies, and follow up on failed trades.
• Maintain proper records of trade settlements and reconciliation.
• Rebalancing and Cash Management: Collaborate with the portfolio management team to implement portfolio rebalancing strategies and manage cash flows.
• Ensure accurate cash projections, timely fund transfers, and efficient allocation of funds across client portfolios.
• Performance Reporting: Generate and distribute performance reports to clients, providing accurate and detailed information on portfolio performance, asset allocation, and transaction history.
• Coordinate with the portfolio management team to gather necessary data and ensure report accuracy.
• Compliance and Risk Management: Ensure compliance with regulatory guidelines and internal policies related to portfolio management operations.
• Assist in conducting periodic compliance reviews, identifying any gaps, and implementing corrective measures.
• Monitor operational risk factors and contribute to risk management efforts.
• Data Management: Maintain accurate and up-to-date client and portfolio data in the system.
• Perform regular data validation and reconciliation to ensure data integrity.
• Collaborate with the technology team to enhance data management processes and systems.
• Process Improvement: Identify opportunities to streamline and automate operational processes to improve efficiency and reduce errors.
• Propose and implement process enhancements, leveraging technology and best practices.
• Relationship Management: Collaborate effectively with internal stakeholders, including portfolio managers, sales, and compliance teams, to ensure smooth operations and client satisfaction.
• Provide timely and accurate responses to inquiries from internal and external stakeholders.

Requirements

• Education: Bachelor s degree in Finance, Economics, Business, or a related field. Additional certifications or qualifications in operations or finance would be a plus.
• Experience: Minimum of 10+ years of experience in portfolio management operations, wealth management, or a similar role within the financial services industry.
• Knowledge: Familiarity with investment products, portfolio management processes, trade settlement, BSE Star and regulatory requirements in the wealth management industry.
• Proficiency: Proficiency in using Wealth management and MS Excel.
• Attention to Detail: Strong attention to detail and accuracy in data management and reporting. Ability to spot discrepancies and resolve issues proactively.
• Communication Skills: Ability to effectively communicate with internal teams, clients, brokers, and custodians.
• Analytical Skills: Strong analytical and problem-solving skills. Ability to analyze data, identify trends, and provide insights to support decision-making.
• Organizational Skills: Exceptional organizational and time management skills. Ability to prioritize tasks, meet deadlines, and multitask in a fast-paced environment.
• Team Player: Ability to collaborate effectively with cross-functional teams and contribute to a positive and collaborative work environment.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.