Assistant Manager – TA Operations

Job Description:

The purpose of this role is to perform assigned tasks in brokerage, dividend and vendor billing
functions as per defined operations processes, policies and timelines
What is the objective of the role?
Brokerage:
? Primary responsibility of handling brokerage for MF, AIF & ETF comprising of understanding
the brokerage processing, reviewing brokerage structures, payouts, etc. within defined
timelines.
? Analysis and verification of MIS reports sent to senior management.
? Handling foreign distributor payouts in foreign currency and related documentation from
distributors, CA, bank.
? To handle various brokerage requirements/data/reports/MIS from distributors / Internal /
Regulatory / Audits.
? Communication & Co-ordination with RTA (in line with SEBI/AMFI best practices/circulars),
banks, auditors, distributors, internal teams etc. including queries and complaints.
? Handling GST, Invoice related reports/queries/data and RTA query resolution TATs.
? Review Bank account reconciliation of brokerage accounts maintained with various banks
and resolve open items.
? Review internal brokerage audit reports, interact with auditors with complete knowledge of
the brokerage function.
? Projects/initiatives on system/process changes for efficient functioning of the brokerage
function.
? Monitor KYC related withheld brokerage and fund movement.
Dividend (IDCW)
? Knowledge of handling dividend payouts would be an advantage.
? Responsibility of handling dividend function comprising of dividend processing, payouts to
investors
? Coordination with FA, compliance to ensure timely communication of dividend related
information.
? Monitoring RTA deliverables for the above- mentioned dividend payouts and query resolution
TATs.
? Handling various queries related to TDS, dividend amount, statements, etc.
? Managing TDS related MIS, information for quarterly TDS returns, issuance of certificates,
interaction with investors.
? Bank account reconciliation of dividend accounts maintained with bank.
Vendor Payments/Billing
? Knowledge of handling vendor bills payout will be an added advantage.
? Verification and submission of monthly vendor bills with rates as per agreement with
vendor(s).
? Arranging supporting data for bill processing.
? Ensure all vendors submit their bills on time every month. Sending communications and
maintain Invoice tracker.
? Monitor timely payouts to vendors involving coordination with various teams.
? Communication of payment details to vendors.