Investment Operations Manager
2 months ago
Responsibilities
Transaction Management: Coordinate investment transaction processing and activities with the Investment Front Office in Credence, ensuring timely execution and accuracy.
Regulatory Compliance: Monitor investments to ensure compliance with IRDA regulations, implement system controls to prevent breaches, and escalate issues to CIO and CFO as required.
Policy and Risk Management: Review and update the Investment Policy in line with regulatory changes, identify risks, and implement effective control measures.
Fund Accounting and Reconciliation: Maintain accurate fund accounting, perform daily reconciliations, and ensure proper integration of investment systems with financial accounting systems.
Audit and Reporting: Facilitate system, concurrent, and statutory audits; ensure timely submission of IRDA returns, internal/external reports, and ad-hoc requirements.
Custodian Coordination: Work with custodians to maintain securities, manage corporate actions, and handle settlement of investment deals and creation of entity/security masters.
System Enhancements: Drive system changes, conduct UAT for investment systems and ensure SOPs are regularly updated to reflect compliant and controlled processes.
End-to-End Operations: Oversee processes such as interest accrual, amortization, valuation, and reconciliation, and prepare investment portfolio reports as needed.
Qualifications and Experience
Bachelor's degree in Finance, Commerce, Accounting, or a related field
Postgraduate degree or professional certifications such as CA, CFA, CMA, MBA (Finance) preferred
4+ years of experience in Investment operations or fund management, preferably in the insurance or financial services sector
Strong understanding of IRDA investment regulations and compliance frameworks.
Hands-on experience with investment accounting systems (e.g. Credence) and financial reporting
Experience in managing audits
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