Samco Mutual Fund - Fund Manager (7-10 yrs)

Job Description: Fund Manager

Location: Mumbai Department: Investment Team, SAMCO Asset Management Reports to: Chief Investment Officer (CIO) Experience Required: 5-8 years+ Education: Degree in Finance, Economics, Mathematics, or related fields.

Advanced degrees (CFA/FRM/MBA) preferred.

Role Overview:

We are seeking an experienced and dynamic Fund Manager to join our asset management team.

The ideal candidate will take complete ownership of portfolio management, focusing on algorithm-driven trading, market research, derivative utilization, and regulatory compliance.

You will be instrumental in executing systematic investment strategies to optimize risk-adjusted returns.

Key Responsibilities:

1. Portfolio Management:

Trade Execution & Ownership:

- Manage and execute trades for mutual fund schemes based on signals generated by internal algorithms.

- Plan and execute rebalancing trades, ensuring efficient execution aligned with model-driven strategies.

Automation & Data Integration:

- Collaborate with external data providers (e.g., Bloomberg, Mfund) to automate trading and monitoring activities.

Strategy Optimization:

- Develop execution strategies for optimal stock-level selection, timing, and fulfilment of trades.

Market Research:

- Analyse market dynamics to make informed asset allocation decisions between equity and debt instruments.

- Stay updated with macroeconomic trends and market developments affecting portfolio performance.

Derivatives Utilization:

Strategic Integration:

- Leverage derivatives for hedging, risk management, and portfolio enhancement.

Risk Monitoring:

- Monitor derivative exposures to ensure alignment with fund objectives and compliance with regulatory guidelines.

Regulatory & Compliance:

- Ensure full compliance with SEBI regulations, internal governance frameworks, and industry best practices.

- Maintain accurate records and documentation for audit and regulatory purposes.

Quantitative Research & Model Development:

- Conduct market analysis, develop systematic models, and perform back testing to enhance portfolio performance.

- Utilize various quantitative tools and platforms for strategy formulation, including:

- Open-source: Python, R

- Closed-source: MATLAB, proprietary systems

Qualifications & Skills:

- Proven experience in portfolio management, quantitative research, and trading in mutual fund schemes.

- High proficiency with Bloomberg Terminal and advanced MS-Excel functionalities.

- Strong understanding of equity, debt markets, and derivative instruments.

- Familiarity with SEBI regulations and compliance standards.

- Excellent analytical, problem-solving, and communication skills.

- Ability to work in a fast-paced environment with a strong attention to detail.

Why Join Us?

- Opportunity to work with cutting-edge algorithm-driven investment strategies.

- Collaborate with industry leaders and leverage state-of-the-art technology.

- Competitive compensation with growth and learning opportunities.