Assitant Manager-SMA

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If youre looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Job Description

Job Description

Job Title:

Assistant Manager

Job Code:

Department:

Separately Managed Accounts

Location :

Hyderabad

Report To:

Kamal Dubbaka

Direct Reports:

Job Purpose (Job Summary): Under the Supervision of Manager, the Assistant Manager is responsible for managing the day-to-day planning, operation and problem solving so that the team delivers the highest level of excellent services along with ensuring the accurate and timely processing of trades, maintaining data integrity, and supporting operational workflows across fixed income and equity SMA portfolios.

The Assistant Manager is responsible for the Team’s Performance and assures us that the Team functions in accordance with the SMA guidelines.

Key Responsibilities / Duties:

• Assign work to the associates and senior associates and facilitate clearance of the workflow in a timely and accurate manner.
• Ensure all review and Setup of Emails in mailbox handling, Trade Allocations, Priority activities are completed in a timely manner without any errors.
• Monitor and validate trade activity across Fixed Income SMAs, including corporate bonds, municipals, treasuries, and structured products.
• Ensure timely and accurate trade capture, allocation, and settlement
• Collaborate with Traders, Portfolio Managers, Brokers and custodians to resolve trade discrepancies.
• Proactively contribute ideas and participate in continuous improvement initiatives.
• Monitor and report the cash and position discrepancies in a timely manner to the trading desk.
• Research/Resolve of various corporate actions discrepancies like stock split, reverse split, spin off, bonus etc.
• Identify & resolve individual account discrepancies accurately and efficiently, to ensure systems are ready for trading.
• Reviewing and identifying items in the Trade Operations Global mailbox
• Ensure the process procedures are up to date.
• Proactively identify potential operational risks, suggest mitigation strategy to manager and lead the implementation of the agreed upon mitigation strategy
• Review and Ensure all the e-mails in the Global mailbox are routed properly and all the items are handled correctly and accurately.
• Responsible for helping/Guiding the team members to prioritize the work and to do the Job on their own.
• Ensure all critical end of the day reports on Trade allocations, Files saving, emails handling, etc. are duly completed on time.
• Promote communicative environment.
• Being Vocal and Visible in process handling and team building.
• Ensure the necessary data is prepared/updated in Investment Operations Dashboards used by the Top Management to review the whole process and its progress.
• Ensure all the transitions run smoothly by coordinating with Onsite team
• Ensure all the e-mails in the Global mailbox are routed properly and all the items are identified correctly
• Ensure smart controls are in place for all activities (existing & new) to have 100% accuracy. Ensure process documents are up-to-date and get the sign off as when required
• Ensure effective and updated DR plans (BIA & BCP plan) in place and test regularly.
• Ensure NO Audit Exceptions in Internal and External Audits. Assist the management in preparing Monthly reports and adhoc reports
• Ensure all the SMA activities are processed & delivered accurately in a timely manner
• Responsible for helping the team members to prioritize the work and ensure seamless service delivery daily. Responsible for Team Development
• Conduct weekly team meetings to discuss updates, statistics, and other information.
• Interviews, hires, orients, trains, motivate, evaluate, and disciplines subordinate personnel.
• Monitor workflow and productivity for respective group members and take appropriate action to ensure targeted levels of production
• Participate in regular meetings / conference calls with onsite Team, Vendors and other Teams in the company to discuss process related items
• Monitor attendance and manage leaves.
• Report at regular intervals on the status of deliverables and through proper intervention, take corrective action whenever required.
• Manage the output of sub ordinates ensuring qualitative, timely output and manage performance related appraisals and issues under direct supervision from the reporting manager.
  
  

Working Conditions:

• Normal office environment with little exposure to noise, dust and temperatures.
• The ability to lift, carry or otherwise move objects of up to 10 pounds is also necessary.
• Willingness to work in nigh shifts
• Overtime, off hours support
• Participate in Business Recovery testing on an as-needed basis as defined by manager
  
  

Work Experience / Knowledge:

• 10+ Years Investment Operations Industry Experience
• Excellent Knowledge of Investment products globally is required
  
  

Skills / Other Personal Attributes Required:

• Good Understanding of Portfolio administration process.
• Excellent understanding of separately managed account processes.
• Good Understanding of corporate actions, trade life cycle, account life cycle and capital markets.
• Excellent interpersonal skills.
• Excellent analytical and numerical skills.
• Process driven approach with a strong emphasis on compliance with rules and regulations.
• Strong oral and written communication skills.
• Good Understanding of Quality and process improvement concepts
• Strong oral and written communication skills
• Displays maturity in people management skills.
  
  

Formal Education:

• MBA or any other Professional qualification with Finance as Major Specialization.
  
  

Full Time / Part Time

Full time

Worker Type

Employee

Job Exempt (Yes / No)

No

Workplace Model

At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.

Why Invesco

In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.

We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).

What’s in it for you?

As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.

Our benefit policy includes but not limited to:

• Competitive Compensation
• Flexible, Hybrid Work
• 30 days’ Annual Leave + Public Holidays
• Life Insurance
• Retirement Planning
• Group Personal Accident Insurance
• Medical Insurance for Employee and Family
• Annual Health Check-up
• 26 weeks Maternity Leave
• Paternal Leave
• Adoption Leave
• Near site Childcare Facility
• Employee Assistance Program
• Study Support
• Employee Stock Purchase Plan
• ESG Commitments and Goals
• Business Resource Groups
• Career Development Programs
• Mentoring Programs
• Invesco Cares
• Dress for your Day
  
  

In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.

To Know More About Us

About Invesco: https://www.invesco.com/corporate/en/home.html

About our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.html

About our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.html

About our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.html

Apply for the role @ Invesco Careers: https://careers.invesco.com/india/

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