Job Description
ASSOCIATE LEVEL 1 (JOB NUMBER: MO 00167+)
Job Description – Associate level 1, Operations
Job Title:
Associate level 1
Date:
Department:
Client Implementation
Location:
Mumbai
Business Line / Function:
IFSO
Reports to:
Manager
Grade:
(if applicable)
Number of Direct Reports:
Directorship / Registration:
Position Purpose
The purpose of the role is to perform daily BAU activities in the space of various transition events such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding of clients etc within Middle office - Client implementation operational team.
Responsibilities
Direct Responsibilities
Ø Ensure to support the team as an Analyst in performing various client implementation activities such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding to the underlying Asset Manager clients
Ø Ensure KPIs and KRIs of the team are met and in line to SLA standards
Ø Ensure all stock / cash movements are completed as per the agreed transition timelines
Ø Ensure to support the team as an Analyst and back of controller as required in BAU
Ø Ensure preliminary analysis is performed for the transition / project activities and to highlight any issues to controller.
Ø Ensure eye to detail in managing various activities within the process
Ø Act as a Key participant for audit and other assignments for the team
Ø Contribute towards process enhancements to bring in operational efficiencies
Ø Develop a strong understanding of all upstream and downstream processes, systems and stakeholders involved
Ø Ensure effective communication to all the parties involved
Ø To follow escalation protocols to managers, senior stakeholders on all critical topics within the process
Ø Ensure to be a backup for the Assistant managers of the team where required
Ø Willingness to take on other duties as assigned by the Senior Associate/Assistant manager.
Technical & Behavioral Competencies
Ø Overall understanding of Capital markets operations with familiarity towards Middle office trade processing, fund accounting, custody business etc.
Ø Hands on experience in New fund setups, fund closure, transition activities etc within similar domain
Ø In depth knowledge on transition related activities linked to Asset manager clients
Ø Zeal to learn new things
Ø Fair understanding of various investment products such as Equities, Fixed income, MM, FX, etc
Ø Must be prepared to work in flexible timings
Ø Excellent communication skills
Ø Willingness to act as subject matter expert on behalf of the business when needed
Ø Collaborative mindset and an excellent team player with a zeal to lead the team where required
Ø Problem solving and problem resolution skills at a functional level
Ø Communicates effectively with diverse groups and individuals across different locations including within the team, onshore partners, project team, managers etc
Specific Qualifications (if required)
Ø Accounting/Finance/Economics or Financial Services Related Degree
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Critical thinking
Client focused
Creativity & Innovation / Problem solving
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to set up relevant performance indicators
Ability to develop and adapt a process
Ability to develop others & improve their skills
Ability to develop and leverage networks
Education Level:
Master Degree or equivalent
Experience Level
At least 1 year
Other/Specific Qualifications (if required)
Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: OPERATION PROCESSING
Education Level : Master Degree or equivalent (> 4 years)
Experience Level : At least 1 year
Schedule
: Full-time
Job Description – Associate level 1, Operations
Job Title:
Associate level 1
Date:
Department:
Client Implementation
Location:
Mumbai
Business Line / Function:
IFSO
Reports to:
Manager
Grade:
(if applicable)
Number of Direct Reports:
Directorship / Registration:
Position Purpose
The purpose of the role is to perform daily BAU activities in the space of various transition events such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding of clients etc within Middle office - Client implementation operational team.
Responsibilities
Direct Responsibilities
Ø Ensure to support the team as an Analyst in performing various client implementation activities such as Portfolio setup, Portfolio closure, Portfolio restructure, onboarding, off boarding to the underlying Asset Manager clients
Ø Ensure KPIs and KRIs of the team are met and in line to SLA standards
Ø Ensure all stock / cash movements are completed as per the agreed transition timelines
Ø Ensure to support the team as an Analyst and back of controller as required in BAU
Ø Ensure preliminary analysis is performed for the transition / project activities and to highlight any issues to controller.
Ø Ensure eye to detail in managing various activities within the process
Ø Act as a Key participant for audit and other assignments for the team
Ø Contribute towards process enhancements to bring in operational efficiencies
Ø Develop a strong understanding of all upstream and downstream processes, systems and stakeholders involved
Ø Ensure effective communication to all the parties involved
Ø To follow escalation protocols to managers, senior stakeholders on all critical topics within the process
Ø Ensure to be a backup for the Assistant managers of the team where required
Ø Willingness to take on other duties as assigned by the Senior Associate/Assistant manager.
Technical & Behavioral Competencies
Ø Overall understanding of Capital markets operations with familiarity towards Middle office trade processing, fund accounting, custody business etc.
Ø Hands on experience in New fund setups, fund closure, transition activities etc within similar domain
Ø In depth knowledge on transition related activities linked to Asset manager clients
Ø Zeal to learn new things
Ø Fair understanding of various investment products such as Equities, Fixed income, MM, FX, etc
Ø Must be prepared to work in flexible timings
Ø Excellent communication skills
Ø Willingness to act as subject matter expert on behalf of the business when needed
Ø Collaborative mindset and an excellent team player with a zeal to lead the team where required
Ø Problem solving and problem resolution skills at a functional level
Ø Communicates effectively with diverse groups and individuals across different locations including within the team, onshore partners, project team, managers etc
Specific Qualifications (if required)
Ø Accounting/Finance/Economics or Financial Services Related Degree
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Ability to collaborate / Teamwork
Critical thinking
Client focused
Creativity & Innovation / Problem solving
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to set up relevant performance indicators
Ability to develop and adapt a process
Ability to develop others & improve their skills
Ability to develop and leverage networks
Education Level:
Master Degree or equivalent
Experience Level
At least 1 year
Other/Specific Qualifications (if required)
Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: OPERATION PROCESSING
Education Level : Master Degree or equivalent (> 4 years)
Experience Level : At least 1 year
Schedule
: Full-time
💡 Quick Summary
Seeking a career-building opportunity? The Associate Level 1 position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
