Posted By

Vanshika Munshi

Consultant at Huquo

Last Login: 14 January 2025

4483

JOB VIEWS

454

APPLICATIONS

10

RECRUITER ACTIONS

See how you stand against competition

Pro

View Insights

Job Code

1437585

Manager - Investment BO

caution
4 - 8 Years.Gurgaon/Gurugram
Posted 6 months ago
Posted 6 months ago

Manager Investment BO


JOB SUMMARY:

- Lead the Investment accounting process. Perform a checker/ reviewer role in the process

- Leading the investment system replacement project for investment process including discussion with implementation partner, Creation of test cases, UAT testing, stakeholder management

- Understanding of execution process of trades in Indian markets like debt, Gsec, equity, Mutual fund, money market, etc.

- Managing Derivatives Desk to ensure Trade Execution, Settlements, Valuation, Margin Exchange and Reporting.

- Stewardship Compliance

- Ensure adequate controls are there and all reconciliations performed daily.

- Accounting in Financial system is performed daily.

- Understanding of NAV and its computation process including its impact to Policyholders.

- Ability to review the same basis excel computations and other checks.

- Knowledge of trade settlements. Understanding of execution process of trades in Indian markets like debt, Gsec, equity, Mutual fund, money market, etc. Ability to control team.

- Review of MIS and controls on cash management/ treasury operations.

- Understanding of derivative instrument allowed by IRDAI including knowledge of hedge accounting, Hedge effectiveness testing, documentation etc.

- Flexible in approach and ready to use technology and build additional controls around operations.

- Liaising with the auditors, appointment etc. Management of audits - statutory and concurrent

- Support conduct of meeting of Investment Committee of Board - preparation of agenda, deck, minutes, Investment policy, SOP review etc.

- Ensuring timely closure of month accounting.

- Support in monthly/quarterly/yearly internal reporting to financial team/shareholder.

- Understanding of IRDAI regulations on investment & derivatives.

- Leading/Support the various ongoing projects in the team.

- Work on system enhancement for Investment & reporting.

- Stakeholder management including Front office, middle office, Actuary

- Team Management

KEY RESPONSIBILITIES :

- Investment Operations - Ensure NAV is generated accurately on day-to-day basis and within the management acceptable timing.

- Derivatives: Managing Derivatives Desk to ensure Trade Execution, Settlements, Valuation, Margin Exchange and Reporting

- Accounting - Ensuring and review Investment accounting performed on daily basis.

- Compliance - Understanding of IRDAI regulations and continuous assessment towards compliance and study of new circulars, update to management with action.

- Reporting - Internal and external reporting on timely basis

- Reconciliation - Performance of various Bank and holding related reconciliation and MIS for analysis

- Managing Audits - Support to Concurrent Auditors and Statutory Auditors by providing timely data and ensuring successful completion of the same

- Adhoc - To cater the adhoc requirement from Mid office, Front office, Actuary and back office team for derivative related data.

- Projects - Working on Investment system project and bring it to closure within stipulated timelines focusing on automation, efficient processes.

- Settlements: Settlements of Deals, KYC, Banking Operations,

- Documentation - Ensuring proper agreement/term sheet/trade confirmations are in place with all bank.

MEASURES OF SUCCESS :

- NAV computed and processed daily without any errors and within acceptable time.

- No Reconciliations gaps

- Timely completion of month end accounting along with dissemination of various MIS on time.

- Analysis of the data time to time and appraise the management with important information.

- Compliance with the accounting standard and IRDAI.

- Timely completion of audits.

- Automation, compliance and improvement agenda resulting in improvement of processes.

- Timely submission of reports in line with regulatory and management requirements and continuous efforts to reduce time taken to make reports with enhanced controls

- Providing sufficient data to auditors and ensure that the audit is closed without pending issues

- Automation of reports/simplification of process/ system enhancement.

- Supporting the monthly/quarterly/yearly financial closing by providing the relevant information.

- Closure of Investment system projects within the given timeframe.

- Timely closure of investment system project with no CR and focusing of automation of process.

JOB REQUIREMENTS :

MINIMUM EDUCATION :

- Chartered Accountant/ MBA

MINIMUM EXPERIENCE:

- 4-8 years of relevant post qualification experience.

- Experience in NAV calculation, Derivatives, Settlements, Reporting and Investment accounting is mandatory.

- INDAS / knowledge would be added advantage.

- Experience in insurance company in NAV/Reporting would be Mandatory.

- Prior experience in system implementation for SAP will have added advantage.

- Mfund / Mpower / Credence / CBV system knowledge

Didn’t find the job appropriate? Report this Job

Posted By

Vanshika Munshi

Consultant at Huquo

Last Login: 14 January 2025

4483

JOB VIEWS

454

APPLICATIONS

10

RECRUITER ACTIONS

See how you stand against competition

Pro

View Insights

Job Code

1437585

UPSKILL YOURSELF

My Learning Centre

Explore CoursesArrow
Apply on the go!

Download the iimjobs app to
apply for jobs anywhere, anytime

apple

Download on

App Store

playStore

Get it on

Google Play

appPromoQr

Scan to Download