Senior Officer - Operations

Lucky Investments Limited is a group company of Lucky Group (YBG), marking the commencement of first fully Islamic Asset Management Company by a renowned business conglomerate in Pakistan.

We are currently seeking a detail-oriented, proactive, and motivated Operations Officer / Senior Operations Officer to join our Operations Department. This role is ideal for professionals who are passionate about investment operations, committed to operational excellence, and eager to contribute to a dynamic and growing organization.

Requirements

• Bachelor's or Master's degree in Finance, Accounting, Economics, or a related field.
• 1–3 years of relevant experience, preferably in an Asset Management Company (AMC).
• Knowledge of mutual fund operations and SECP regulations.
• Strong analytical, communication, and MS Excel skills.

Responsibilities

Core Responsibilities:

Transaction Processing and Fund Operations

·        Execute and verify daily mutual fund transactions including investments, redemptions, conversions and transfers.

·        Reconcile Operational records with the registrar and custodian.

·        Coordinate with fund accountants and trustees for accurate and timely fund valuations.

Settlement and Reconciliation

·        Assist in settlement of trades (equity, money market, and fixed income) in coordination with the investment and finance teams.

·        Perform daily reconciliations of bank accounts, investment portfolios, and custodian records.

·        Ensure resolution of breaks/discrepancies in a timely manner.

Compliance and Regulatory Reporting

·        Ensure adherence to SECP regulations, internal policies, and trustee guidelines in all operational activities.

·        Support in preparing and submitting periodic reports to SECP, trustee, and auditors.

·        Maintain comprehensive documentation for compliance and audit reviews.

Client and Distributor Support

·        Coordinate with registrar and sales teams for investor queries, account maintenance, and transaction updates.

·        Support in processing distributor commission calculations and payments.

·        Assist in the onboarding process of new distributors and investors from an operational perspective.

System and Process Management

·        Work with IT and system vendors to ensure smooth functioning of fund management and back-office systems.

·        Identify process gaps and recommend automation or procedural improvements.

·        Maintain accurate operational data and records for internal and external audits.

Reporting and Coordination

·        Prepare daily, weekly, and monthly operational MIS for management review.

· Coordinate with finance, compliance, investment, and sales departments for inter-departmental requirements.

• Support Manager Operations in implementing new product launches and regulatory changes.