Mutual Fund Back Office- Operations

Title: Mutual Fund Back Office Operations ManagerLocation: Malad west, Mumbai.Job Description:We are seeking a highly motivated and experienced individual to join our team as a Mutual Fund Back Office Operations Manager. In this role, you will play a pivotal part in setting up and optimizing the back-office operations for our new mutual fund business. You will be responsible for overseeing and streamlining all operational processes to ensure efficiency, accuracy, and compliance with regulatory requirements.Responsibilities:Set Up Operations: Design and implement the operational framework for the mutual fund back office, including workflow processes, systems integration, and procedures.Regulatory Compliance: Stay abreast of regulatory changes and ensure that all back-office operations adhere to relevant regulations, such as SEC, FINRA, and other industry guidelines.Transaction Processing: Oversee the processing of mutual fund transactions, including purchases, redemptions, exchanges, and transfers, ensuring timely and accurate execution.Reconciliation: Manage reconciliation processes for cash, securities, and other assets to ensure accuracy and resolve discrepancies promptly.Reporting: Develop and generate reports on back-office activities, including transaction volumes, reconciliation status, and operational metrics, for internal and regulatory purposes.Risk Management: Identify and mitigate operational risks through effective controls, monitoring, and escalation procedures.Vendor Management: Coordinate with third-party service providers, such as transfer agents, custodians, and technology vendors, to ensure seamless integration and optimal service delivery.Team Leadership: Lead and mentor a team of back-office professionals, providing guidance, training, and performance feedback to ensure a high-performing and cohesive team environment.Continuous Improvement: Identify opportunities for process improvements and automation to enhance operational efficiency, reduce costs, and minimize risk exposure.Collaboration: Work closely with cross-functional teams, including portfolio management, compliance, legal, and technology, to support business objectives and drive strategic initiatives.Qualifications:Bachelor's degree in finance, business administration, or a related field. Advanced degree or relevant certifications (e.g., CFA, CPA, NISM 5A is compulsory, Series 7) preferred.5+ years of experience in mutual fund operations or related financial services operations, with a strong understanding of industry practices, regulations, and technology platforms.Proven track record of successfully setting up and managing back-office operations for mutual funds or investment management firms.Deep knowledge of mutual fund transaction processing, reconciliation, and regulatory compliance requirements.Strong leadership skills with the ability to effectively manage and motivate a team in a fast-paced environment.Excellent analytical, problem-solving, and communication skills, with a keen attention to detail.Ability to thrive in a dynamic, entrepreneurial environment and drive change initiatives to support business growth and scalability.Join us and be part of a dynamic team at the forefront of launching a new mutual fund business. If you are passionate about operations excellence and ready to make an impact, we want to hear from you!CTC offered: 5 to 7 LPA.Experience: 5 to 8 years.