Samco Fund manager

# 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