Fund Manager Senior Associate | Investment Team

Company Overview

Not specified

Job Summary

The Fund Manager Senior Associate within the Investment Team at SAMCO Asset Management Private Limited is a critical role that bridges algorithmic signal generation with live-market execution. The primary objective is to ensure zero deviation between model-prescribed portfolios and actual trades, while actively leveraging real-time market intelligence to enhance performance. The role demands a combination of precision execution, market insight, and disciplined risk management to deliver outperformance over purely model-driven strategies.

Responsibilities

• Trade Execution & Portfolio Mirroring

  • Execute all trades for mutual fund schemes with zero deviation from model instructions.
  • Manage the entire trade lifecycle, including order placement, fill management, and post-trade reconciliation.
  • Plan and execute portfolio rebalancing with surgical precision to ensure model portfolio alignment.
  • Develop and refine execution strategies to minimize market impact, slippage, and timing costs.
  • Maintain real-time execution logs and conduct daily audits to verify portfolio-to-model alignment.

• Active Market Intelligence & Deviation Bets

  • Build and maintain a deep buy-side and sell-side intelligence network for continuous market insights.
  • Identify situations where models are structurally late to react, such as earnings surprises, liquidity dislocations, or regulatory announcements.
  • Take active deviation bets within approved risk parameters to capture alpha missed by models.
  • Document the thesis, execution, and outcome of deviation trades.
  • Develop a framework to evaluate speed versus certainty of market signals.
  • Provide structured feedback to the Quant Strategy & Research team to improve models.
  • Track and report the performance of deviation bets, attributing model alpha versus intelligence alpha.

• Execution Infrastructure & Automation

  • Collaborate with Quant Development and Tech teams to automate trade workflows.
  • Work with external data providers and execution platforms to ensure seamless straight-through processing.
  • Identify and escalate technology gaps or latency issues affecting execution quality.

• Derivatives & Risk Overlay

  • Execute derivative strategies (futures, options) for hedging and portfolio enhancement.
  • Monitor derivative exposures in real-time, ensuring compliance with SEBI regulations and internal risk limits.
  • Coordinate with risk teams to maintain margin adequacy and exposure compliance.

• Regulatory Compliance & Fund Management Oversight

  • Fulfill all SEBI-mandated responsibilities as a designated Fund Manager.
  • Ensure compliance with SEBI Mutual Fund Regulations, internal governance, and industry standards.
  • Maintain meticulous records for audits and regulatory reviews.
  • Participate in Investment Committee presentations and scheme reviews.

• Quantitative Collaboration & Continuous Improvement

  • Partner with Quant Strategy & Research teams to incorporate market intelligence into strategy refinement.
  • Contribute to the development of execution analytics, transaction cost analysis (TCA), and performance attribution.
  • Use tools like Python, R, and proprietary systems for analysis and process improvements.

Qualifications

• Educational Qualifications:

  • Post Graduation in Finance, Economics, Mathematics, Statistics, Engineering, or related quantitative disciplines.
  • CFA, FRM, or MBA from a premier institution preferred.

• Technical Skills & Knowledge:

  • Strong understanding of quantitative trading, algorithmic execution, and portfolio management.
  • Proficiency in Python, R, and proprietary trading and analytics tools.
  • Experience with OMS/EMS systems, Bloomberg, and other data platforms.
  • Knowledge of derivatives trading (futures, options) and risk management.
  • Familiarity with SEBI regulations and mutual fund compliance.

• Soft Skills & Attributes:

  • Exceptional market intuition and decision-making under pressure.
  • Strong analytical and problem-solving skills.
  • Excellent communication and collaboration abilities.
  • Disciplined, detail-oriented, and committed to execution fidelity.

• Educational Qualifications:

  • Post Graduation Degree in relevant fields.

Preferred Skills

• Prior experience in quantitative asset management or systematic trading.
• Established market intelligence network within buy-side and sell-side institutions.
• Experience in automating trade workflows and technology integration.
• Knowledge of regulatory environment and compliance standards.

Experience

• 5 to 8 years of relevant experience in quantitative trading, portfolio management, or systematic investment strategies.
• Proven track record of precise trade execution and market intelligence utilization.

Environment

• The role is based in Mumbai.
• The work environment involves collaborating with cross-functional teams including Quantitative Research, Data Science, and Tech.
• The setting is primarily office-based, with a focus on high-precision execution and real-time decision-making.
• The role requires fast-paced, market-sensitive work with a focus on accuracy and compliance.

Salary

Not specified

GrowthOpportunities

This position offers a long-term career trajectory within SAMCO’s structured framework, progressing through roles such as Vice President, Principal, Partner, Senior Partner, CIO, and potentially Chairperson of the Investment Committee. High performers demonstrating exceptional execution, market insight, and strategic contribution can accelerate their career growth and take on greater portfolio discretion and strategic influence.

Benefits

Not specified