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Mid level Operations manager | Scrabble

Posted on December 9, 2022

Job Description

<p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"><span style="font-size:12pt"><span style="font-family:"Times New Roman", serif">Burman Capital is a part of the Burman family who are  70% owner of Dabur group. BCM is located in Delhi with a team of 5 people and expanding. They are on a path to build team across roles in operations, business development and technology for their PMS/AIF entity</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"> </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"><b><span style="font-size:12pt"><span style="font-family:"Times New Roman", serif">Role : Mid Level Operations Manager. </span></span></b></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"><span style="font-size:12pt"><span style="font-family:"Times New Roman", serif">1) The role incumbent will be covering all functions of operations; the coverage will include day to day operational activities wrt the PMS/AIF entity.</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"><span style="font-size:12pt"><span style="font-family:"Times New Roman", serif">2) With fund accounting being outsourced, the focus will be on managing all the related activities related to post-trade execution and thereafter. </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"><span style="font-size:12pt"><span style="font-family:"Times New Roman", serif">3) Look for an operations person who has relevant experience in PMS houses or MFs.</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"><span style="font-size:12pt"><span style="font-family:"Times New Roman", serif">4) Budget: Present Fixed in the range of 18 -  20 lakhs. Can offer as per market linked increase. However, key being onboarding the right relevant candidate, and not linking it to a certain number. </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"><span style="font-size:11pt"><span style="color:#222222"><span style="font-style:normal"><span style="font-variant-ligatures:normal"><span style="font-variant-caps:normal"><span style="font-weight:400"><span style="letter-spacing:normal"><span style="orphans:2"><span style="text-transform:none"><span style="white-space:normal"><span style="widows:2"><span style="word-spacing:0px"><span style="background-color:#ffffff"><span style="text-decoration-thickness:initial"><span style="text-decoration-style:initial"><span style="text-decoration-color:initial"><span style="line-height:normal"><span style="font-family:Calibri, sans-serif"> </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"> </p> <p style="text-align:start; text-indent:0px; -webkit-text-stroke-width:0px"> </p> <ul type="disc"> <li>Preparing instructions of trade execution for custody and Fund accounting team</li> <li>Preparing and maintaining parallel records of custody and Fund accounting daily statements</li> <li>Reviewing various reports such as SEBI monthly reports, client reports, expense report etc shared by Custody and Fund accounting team</li> <li>Assisting in enhancing operational procedures for smooth functioning of the PMS operations</li> <li>Ensuring timely delivery of the client reports, resolving their queries etc.</li> <li>Laisoning with Custodian, Fund Accounting Team, brokers etc</li> <li>Liaison with internal departments on reports, data and other operational inputs.</li> <li>Managing the activities of account opening, KYC documentation etc.</li> </ul>