Job Description for Fund Manager - Debt
About Zerodha Fund House
At Zerodha fund house, we are enabling the next generation of Indian investors. We feel mutual funds as a product needs to be reimagined to build simple & relevant investment solutions for the next 10 crore individuals to participate in and grow the capital markets in India. Built by the people behind Zerodha & smallcase, Zerodha fund house brings the principles of simplicity, cost-effectiveness, and transparency to the mutual funds.
Responsibilities
Ensuring that investments are done as per the investment objective of the scheme and SEBI regulations
Execute and manage trades as required for the underlying scheme
Tracking portfolio on daily basis and take corrective action and manage subscriptions and redemption while ensuring minimal tracking error
Liaising with Market participants like Brokers/Authorized participants to ensure best execution
Ensuring communication with the internal stakeholders for further processing and clearance of trades
Regular reporting to management and tracking of peer performance
Research & Analysis on new debt products including liaisoning with benchmark providers
Requirements
5-8 years of experience in the debt markets
Have technical proficiency and experience in managing debt investments
On-hands experience in Debt dealing and familiarity with TREPS, NDS-OM, RFQ, Bloomberg / Reuters
Well connected within Debt market participants like MF, PDs, Bank Treasuries, etc would be desirable
Should have understanding of debt valuation, interest curves, sensitivity analysis in debt
Understanding of Index Fund / ETF related processes would be added benefit
Should understand end-end process flow of investment to settlement
Should have a quantitative bent of mind and understanding of Macroeconomics
Have strong Excel and data analysis skills. Will have to undertake portfolio modeling and simulation as part of product development and risk management
Educational Qualification
CFA Charter Holder / CA / MBA / CFA (Level 2/3) in conjunction with CA or MBA