Investment Operations Manager
1 week ago
Job Title: Investment Operations Manager - Strategic Oversight
">About Us:
">ManipalCigna Health Insurance Company Ltd. is a leading health insurance provider dedicated to delivering exceptional customer experiences and innovative solutions. Our team is passionate about helping individuals and families navigate the complexities of healthcare.">Overview:
">We are seeking an experienced Investment Operations Manager to join our team. In this role, you will be responsible for overseeing end-to-end investment operations, ensuring full compliance with IRDA regulations, timely and accurate transaction processing, and effective risk management.">About the Role:
">The ideal candidate will have a strong understanding of IRDA investment regulations and compliance frameworks. You will work closely with the Investment Front Office to coordinate investment transactions, ensure timely execution and accuracy, and implement system controls to prevent breaches.">Responsibilities:
">1. Transaction Management: Coordinate investment transaction processing and activities with the Investment Front Office in Credence, ensuring timely execution and accuracy.2. 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.
3. Policy and Risk Management: Review and update the Investment Policy in line with regulatory changes, identify risks, and implement effective control measures.
4. Fund Accounting and Reconciliation: Maintain accurate fund accounting, perform daily reconciliations, and ensure proper integration of investment systems with financial accounting systems.
5. Audit and Reporting: Facilitate system, concurrent, and statutory audits; ensure timely submission of IRDA returns, internal/external reports, and ad-hoc requirements.
6. Custodian Coordination: Work with custodians to maintain securities, manage corporate actions, and handle settlement of investment deals and creation of entity/security masters.
7. System Enhancements: Drive system changes, conduct UAT for investment systems, and ensure SOPs are regularly updated to reflect compliant and controlled processes.
8. 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">
Salary Range:$80,000 - $120,000 per annum
">We Offer:
">- Competitive salary range based on experience and qualifications- Opportunity to work with a leading health insurance provider
- Collaborative and dynamic work environment">
Location: Remote, flexible work arrangements available
">Contact Information:Please submit your application through our website.
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