PMS (AMC Operations Specialist) -Manager, Asst Manager, Executive

Role & responsibilities

Skills & Qualifications

• Hands-on working experience with Wealth Spectrum is mandatory
• Minimum 3-4 years in PMS / AMC Operations with direct equity-linked PMS exposure
• Strong knowledge of SEBI PMS Regulations, custodian operations, and depository processes (NSDL/CDSL)
• Advanced Excel skills preferred
• Experience coordinating with RTAs, custodians, DPs, banks, and distributors
• NISM certification added advantage
• Graduate / Postgraduate in Finance or Commerce

About the Role

We are looking for a process-driven PMS Operations professional with hands-on experience in equity-linked Portfolio Management Services. The role demands strong operational accuracy, regulatory awareness, and the ability to manage multiple workflows in a fast-paced AMC environment.

Key Responsibilities

Income, Expense & Brokerage

• Compute and process PMS management fees on AUM across annual, quarterly, and monthly cycles; ensure accurate distributor billing
• Reconcile brokerage payments with distributor agreements; ensure timely payouts with zero discrepancies
• Ensure GST compliance on distributor commissions and adherence to SEBI PMS guidelines

Redemption & Switch

• Process end-to-end client redemptions and switches (partial/full/liquid/stock) within defined TATs ensuring accurate fund payouts
• Verify investor details, folio data, and bank mandates; manage exception cases including rejected transactions and suspense accounts
• Coordinate with custodians, RTAs, and banks for seamless settlement; manage batch processing via Wealth Spectrum

Full Stock-Out & Stock Switch

• Execute quarterly/annual full stock-out and stock switch processes with accurate reconciliation of client holdings against custodian and depository records
• Prepare and validate client-wise Portfolio Account Statements (PAS) and portfolio valuations post stock-out via Wealth Spectrum
• Ensure 100% SEBI and audit compliance during stock-out; apply applicable charges where required

Global Constraints

• Manage freezing/unfreezing of client DEMATs at client and ISIN levels per SEBI, NSDL/CDSL, and custody instructions
• Execute buy/sell freeze-unfreeze requests; liaise with DPs, custodians, branches, and dealers for smooth trade execution
• Prepare and maintain daily MIS on global constraints; communicate positions to all relevant stakeholders

MIS & Reporting

• Prepare and distribute periodic Distributor MIS to finance, sales, business, and marketing teams within defined timelines
• Handle data management using advanced Excel functions; coordinate with data providers for accurate MIS inputs

Reconciliation

• Perform daily reconciliation of client bank accounts; resolve breaks including missing entries, duplicate postings, and incorrect broker/custodian mapping
• Maintain SEBI-compliant reconciliation records ensuring proper segregation of client funds and expense allocation

Trade Settlements

• Verify accurate price capture in systems against NSE default prices; ensure constraint-free trade allocation
• Develop automated settlement reports for monitoring and exception tracking

Automation & Process Improvement

• Automate MIS and operational workflows
• Stay updated on tools including Advanced AI in Excel, Power BI, and SQL to drive continuous improvements

Preferred candidate profile

Any Graduate / Post Graduate from Asset management Industry / Financial services with PMS Ops Exp of Min 3 years and mandatory hands on Exp. of Wealth Spectrum and Advanced Excel.