Financial Operations Director

22 hours ago


Delhi, Delhi, India ManipalCigna Health Insurance Company Ltd. Full time

The ManipalCigna Health Insurance Company Ltd. is seeking an experienced Investment Operations Manager to oversee the end-to-end investment operations, ensuring compliance with IRDA regulations, timely and accurate transaction processing, and effective risk management.

Key Responsibilities
  • Coordinate investment transaction processing and activities with the Investment Front Office in Credence, ensuring timely execution and accuracy.
  • Monitor investments to ensure compliance with IRDA regulations, implement system controls to prevent breaches, and escalate issues to CIO and CFO as required.
  • Review and update the Investment Policy in line with regulatory changes, identify risks, and implement effective control measures.
  • Maintain accurate fund accounting, perform daily reconciliations, and ensure proper integration of investment systems with financial accounting systems.
  • Facilitate system, concurrent, and statutory audits; ensure timely submission of IRDA returns, internal/external reports, and ad-hoc requirements.
  • Work with custodians to maintain securities, manage corporate actions, and handle settlement of investment deals and creation of entity/security masters.
  • Drive system changes, conduct UAT for investment systems, and ensure SOPs are regularly updated to reflect compliant and controlled processes.
  • Oversee processes such as interest accrual, amortization, valuation, and reconciliation, and prepare investment portfolio reports as needed.

Successful candidates will have a Bachelor's degree in Finance, Commerce, Accounting, or a related field, and at least 4 years of experience in Investment operations or fund management, preferably in the insurance or financial services sector.

Benefits

This role offers a competitive salary package, including a base salary of $80,000 per annum, plus additional benefits and bonuses.



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