Assistant Manager

November 24, 2023

Assistant Manager


  • Standard / Permanent
  • IN-MH-Mumbai
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Job Description

Job Title:

Assistant Manager-Lead






Business Line / Function:


Reports to:



(if applicable)


Manager / AVP

Number of Direct Reports:

3 – 4

Directorship / Registration:

Position Purpose

The individual would be responsible for Managing delivery of accurate and timely deliverables for hedge funds, Fund of Funds and Feeder funds – middle office operations with extremely high volume or / and very high complexity  and providing regular feedbacks to their direct reports and appraising them for the entire year.


Direct Responsibilities 

Playing the lead role towards Managing delivery of accurate and timely deliverables for hedge funds,– with  high volume or / and  high complexity (having  equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes: 

§  Cash and position reconciliation (Investment Manager accounting vs PB); with resolution of breaks

§  Pricing Variance analysis

§  Corporate Action – Upcoming Events

§  Non trade bookings

§  Capital activity processing

§  P&L Reconciliation and NAV Reconciliation

§  Liaising with Brokers to get the Trade confirmations on time

§  Trade Matching & Settlements

§  Review of all Middle office Activities 

Contributing Responsibilities

§  Prepare Monthly KPI figures and actions points for the Dashboard

§  Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings

§  Compliance with all internal organizational and business policies

§  Leave planner for the team.

§  Ensure timely completion of trainings (Internal and External) as per deadlines for self and team. 

Technical & Behavioral Competencies

§  Strong knowledge on hedge funds or hedge fund reconciliation experience along with Trade settlements (understanding of process and business required).

§  Team handling skills of at least 5-6 members.

§  Experience on Middle office applications or Order management tools are preferred.

§  Good Excel and MS office skills

§  Good communication skills and expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience.

§  Participation in system development projects, process change projects, etc.

§  Troubleshoot issues of junior members and mentor / coach / buddy them

§  Alignment of day to day activities accordingly to the Business requirements.

§  Experience and Participation in automation and efficiency drives would be an added advantage

Specific Qualifications (if required)

The candidate should have a minimum qualification in M.Com/MBA Finance or equivalent and minimum 7-10 years of experience in the financial services/capital markets.


Skills Referential                                                            

Behavioural Skills: (Please select up to 4 skills)

Decision Making

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Ability to synthetize / simplify

Transversal Skills: (Please select up to 5 skills)

Ability to develop and adapt a process

Ability to understand, explain and support change

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to develop others & improve their skills

Analytical Ability

Education Level:

Master Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)

Work effectively with team members to accomplish goals, Respect the needs of others and displays integrity in dealing with team members. 

Generate creative solutions to problems, Ability to plan work ahead and to prioritize workload in an organized manner. Always looks for ways to improve services and processes.

Education Level:

Master Degree or equivalent

Experience Level

At least 7 years

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