Team Member - AIF Operations
Aditya Birla Capital
Remote
Description
Fund Set Up
Proactively involved in End to End New Fund Set up.
This involves active co-ordination with all Internal as well External stakeholders
PPM/Scheme documents of the AIF/PMS is throughly vetted before the same is approved by the regulator
Ensure all requisite accounts- Bank, Demat, Custody, Fund Accountant, Trading are opened
Equip with all requisite registration including but not limited to Income Tax, GST, LEI, K1 etc
Fund Accounting
Timely and accurate execution of the various fund accounting processes
Close Co-ordination with Fund Accountant and RTA to ensure NAV is released on timely basis
Ensuring Error free Scheme mapping and masters are created in both internal as well with the Fund Accountant
Cash Flow Management
This comprises of monitoring Cash Flow of the Funds
Both Inflow & Outflows from the Fund is reconciled on real time basis
Co-ordination with the Fund Management team to intimate Subscription & redemption from the funds
Trade Settlement
Ensure timely & error free execution of Trades & settlement thereon
Ensure all holdings are duly reconciled on daily basis such that there is no breaks in settlement & trade reporting
Active Co-ordination with the Custodian to meet this leg of activity
Reconciliation
Ensure all reconciliation- Holding, Bank, Demat are performed at pre-defined intervals
Breaks if any are resolved on real time basis
Audits, Scheme Financials
Regulatory reporting
Ensure Audits- Statutory, Internal, Risk are completed within time frame
This involves collecting and sharing complete Audit Data from Fund Accountant, Custodian, RTA etc
This also involves resolving/addressing the queries of the Auditors to avoid any escalations
Compliance of multiple regulatory reporting which includes- SEBI, Income Tax, GST, Benchmark, APMI, Inscpection etc
Liaison with Auditors, internal stake holders and vendors for efficient audit program management
Vendor Management
Coordinate with the vendors for data requirements and adhoc issues.
Checking of various reportings by the fund accountant.
Periodic review and monitoring the service delivery vis-a-vis the SLA.
Brokerage Computation
Ensure error free brokerage payable to distributors is computed on timely basis.
This also includes Clawback & Exit Load working
Management Reporting
Active participation in preparing and discussing all MIS reports with the management
Setting up calls with relevant internal stakeholder to update, intimate on various developments
Tax & Regulatory Update
Converse with all relevant updates on Tax and Laws