Job Description – Revenue Assurance Executive (Wealth Management)
Position Title: Revenue Assurance Executive
Experience: 2–5 Years
Industry Preference: Wealth Management
Role Overview
The Revenue Assurance Executive will be responsible for ensuring accurate calculation, verification, reconciliation, and reporting of revenue earned across Wealth Management products and services. The role involves validating brokerage, management fees, advisory fees, trail commissions, performance fees, and other revenue streams while coordinating with Operations, Finance, Product, and Business teams.
Key Responsibilities
Revenue Calculation & Verification
- Calculate and verify revenue generated from Wealth Management products including Mutual Funds, PMS, AIF, Bonds, Structured Products, Equities, Insurance, and Fixed Income products.
- Validate brokerage, advisory fees, management fees, trail commissions, upfront commissions, distribution income, and transaction charges.
- Ensure revenue is calculated as per client agreements, product commission structures, and regulatory guidelines.
- Review fee schedules and identify discrepancies in revenue calculations.
Reconciliation
- Perform daily, weekly, and monthly reconciliation between:
- CRM/Wealth Management Platform
- Back-office systems
- Custodian reports
- Product partner statements
- General Ledger (GL)
- Bank receipts
- Investigate and resolve revenue mismatches and missing income.
Revenue Assurance & Controls
- Monitor revenue leakages and identify process gaps.
- Ensure complete and accurate revenue recognition.
- Validate commission payouts received from AMCs, brokers, exchanges, custodians, and product providers.
- Prepare variance analysis and explain revenue fluctuations.
Reporting & MIS
- Prepare daily/monthly revenue MIS reports.
- Generate product-wise, RM-wise, branch-wise, and client-wise revenue reports.
- Analyze revenue trends and profitability.
- Support management with revenue dashboards and business analytics.
Audit & Compliance
- Support Internal and Statutory Audits.
- Maintain audit-ready documentation for revenue calculations.
- Ensure compliance with accounting standards and regulatory requirements.
- Assist in implementing internal financial controls.
Stakeholder Coordination
- Coordinate with Finance, Operations, Product, Compliance, and Sales teams.
- Resolve revenue-related queries from internal stakeholders.
- Liaise with external product partners for commission confirmations.
Required Skills
- Strong understanding of Wealth Management revenue models.
- Experience in calculating:
- Brokerage Revenue
- Trail Commission
- Upfront Commission
- Advisory Fees
- Management Fees
- Distribution Income
- Performance Fees (preferred)
- Hands-on experience in reconciliation and revenue validation.
- Strong analytical and numerical skills.
- Excellent knowledge of Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, INDEX-MATCH, SUMIFS).
- Knowledge of accounting principles and revenue recognition.
- Experience with ERP systems (Oracle, SAP, Tally, or similar) is an advantage.
- Good communication and problem-solving skills.
Pay: ₹20,000.00 - ₹35,000.00 per month
Application Question(s):
- What is your Current CTC?
- What is your Expected CTC?
- What is your Notice Period?
- Job location will be Lower Parel? Interested?
- Do you have experience in calculation of revenue assurance in Wealth Management?
Work Location: In person
