Senior Associate/Process Developer/Management Trainee – Mutual Fund Income – Wealth Operations  

In this role, you would be responsible for responsible for back-office functions for our client.  In Back-office functions you will primarily be working on Mutual Fund Income. You will be responsible for pre-balancing of income payments for Mutual Funds and need a sound understanding of flow of cash from Fund Manager to Custody to client. Will be working on releasing payments to all clients on the pay date within the defined SLA. Completing post-balancing activities such as clearing out of balances, following up with Fund Managers / custodians regarding income discrepancies and handling income claims from counterparties. 

Responsibilities: 

• Candidate should possess knowledge of banking operations, preferably Mutual Funds and/or Money Market fund operations. 

• Good knowledge of all types of Mutual Funds such as Unitized, Private Equity, Limited Partnership, Non-unitized, Monthly series and daily and monthly funds etc. 

• Should have knowledge of the Mutual Fund income cycle. 

• Hands on experience around Mutual Fund Income, equalization and required documentation. 

• Good knowledge and understanding of Income pre-balancing and posting tasks. 

• Experience of posting transactions on accounting book for exception resolution. 

• Ability to work effectively as a member of a team individually. 

• Experience of applications like AddVantage, Trust Desk & Global Plus applications would have added advantage. 

• Candidate should have a good understanding around Risk and Control framework. 

• Good knowledge of MS Excel is required. 

• Good communication skill required to establish strong relationship with onshore counterparts and should be capable of handling Onshore Queries.