Assistant Manager

Description:

In this role, you will be handling trades from both Equity and Money Markets. You will be responsible for ensuring the meticulous settlement of trades, coordinating with various stakeholders, and contributing to the efficiency of our investment portfolios.

Job Responsibilities:

• Verify trade sheets received from Investment Departments against broker contracts.
• To ensure timely affirmation of IDS-NCCPL in accordance with trade registers and broker.
• Enter trades and transactions for assigned Funds in the ERP System.
• Generate broker payment instructions for trustees, ensuring timely settlement of trades.
• Coordinate with brokers, trustees, settling banks, and counterparties for seamless transactions.
• Prepare and process monthly payments of brokerage commissions.
• Check and post commissions for both regular and money markets
• Maintain organized files for all stakeholders for the assigned funds.
• Correspond with regard to account opening documents, changes, and other related matters.

Education:

• Bachelor’s degree in Finance, Accounting, or a related field

Experience:

• Minimum 3 to 5 years of experience preferably in the financial industry.