Manager / Senior Manager Investment Operations & Reconciliation

Department: Investment Operations

Employment Type: Full-time

Experience: 5–8 years preferred

Location: Delhi NCR

About Mentor Wealth

Mentor Wealth is a financial services organisation focused on helping investors build long-term financial well-being through trusted, technology-enabled and process-driven solutions.

We are looking for an experienced Investment Operations professional to lead transaction control, reconciliation, operational accuracy and risk controls across day-to-day investment operations.

About the Role

This is a critical financial-control role responsible for ensuring that investor transactions are executed accurately, accounted for correctly, reconciled completely and supported by proper documentation.

The role will oversee transaction processing, reconciliation, exception management, team supervision and operational controls across mutual fund and related investment operations.

Key Responsibilities

Transaction & Investment Operations

• Supervise purchase, redemption, switch, SIP, STP, SWP and other investment transactions.
• Ensure accurate order punching, payment verification and transaction processing.
• Verify investor instructions, amounts, folio details, scheme information and supporting documents.
• Monitor rejected, delayed, unmatched and partially processed transactions.

Reconciliation & Financial Controls

• Perform and supervise reconciliation of units, holdings, investor ledgers and transaction records.
• Manage Bank, AMC/RTA, AUM and Commission/Brokerage reconciliations.
• Identify, investigate and resolve mismatches and discrepancies.
• Maintain daily transaction control and ensure all exceptions are appropriately tracked and closed.
• Coordinate with Accounts for payment, receipt, revenue and ledger reconciliation.

Team & Operational Controls

• Implement and monitor maker-checker controls for critical transactions.
• Allocate work, monitor team performance and independently verify critical activities.
• Maintain transaction records, audit trails and supporting documentation.
• Ensure operational processes meet applicable KYC, documentation, audit and compliance requirements.

Exception & Risk Management

• Maintain an exception and pending transaction register.
• Investigate root causes of operational discrepancies and implement corrective actions.
• Identify potential operational risks and escalate critical issues appropriately.
• Ensure investor-facing records are supported by accurate and reconciled source data.

Technology & Process Improvement

• Strengthen operational controls through Excel, CRM and transaction-management systems.
• Develop MIS, dashboards and exception reports.
• Identify opportunities for automation and reduction of manual processes.
• Contribute to SOP development and continuous improvement of investment operations.

What We're Looking For

We are looking for someone who is highly analytical, detail-oriented and comfortable working with numbers, systems and financial data.

The ideal candidate should:

• Have strong reconciliation and accounting-control skills.
• Be meticulous about transaction accuracy and documentation.
• Be comfortable investigating discrepancies and identifying root causes.
• Have a structured approach to problem-solving and exception management.
• Be capable of supervising a team while maintaining strong individual ownership.
• Be comfortable working in a deadline-driven investment operations environment.
• Have a strong control mindset and attention to detail.

Preferred Qualifications & Experience

• B.Com / M.Com / MBA Finance / CA Inter / CMA Inter or equivalent Finance/Accounting background preferred.
• 5–8 years of relevant experience in mutual fund operations, wealth management, AMC/RTA operations, brokerage, banking or investment-platform operations.
• Hands-on experience with mutual fund transaction processing and reconciliation.
• Experience with CAMS, KFintech, NSE NMF, BSE StAR MF, AMC portals or similar platforms will be an advantage.
• Strong proficiency in Advanced Excel and reconciliation/MIS reporting.
• Experience with CRM, accounting or transaction-management systems preferred.
• Working knowledge of relevant investment operations, compliance and documentation requirements.

Key Areas of Ownership

The selected candidate will be expected to contribute towards:

• Transaction Control & Maker-Checker Framework
• Daily Transaction Reconciliation
• Bank Reconciliation
• AMC/RTA Reconciliation
• AUM Reconciliation
• Commission/Brokerage Reconciliation
• Exception & Pending Transaction Management
• Investor Asset & Holding Reconciliation
• Operations MIS & Dashboards
• Audit Trail & Documentation
• SOPs and Process Controls
• Operational Risk Management
• Process Automation & Continuous Improvement

How to Apply

Interested candidates can apply with an updated resume and a brief note covering:

1. Investment/mutual fund transaction platforms handled
2. Reconciliation responsibilities owned
3. A significant operational discrepancy or error identified and resolved
4. Advanced Excel/accounting/operations systems used
5. Team size currently or previously supervised

Join Mentor Wealth and take ownership of building accurate, controlled and scalable investment operations.