Investment Operations (Back office/Mid office)

Job Description
Purpose of the Job:

To manage the cash flows, fund accounting & accurate NAV calculations.
To communicate valuations internally & externally.
To manage the Investment Compliance, Investment Risk Management, internal MIS, Investment IRDA reporting and other regulatory reporting.

Key Performance Areas:

Monitor everyday fund and record the inflow & outflow on a daily basis
Update the front office on the investable fund to enable them to take decision for buying securities.
Ensure no funds are lying idle & there is no overdraft in any bank competencies
Responsible for Monitoring MF Investment.
Authorize all inflows & outflows recorded in Mfund/Mpower for sale / purchase of securities & receipt of corporate actions
Ensure corporate actions are recorded and authorized in Mfund
Ensure at the day end all the records (transactions as well as maintenance) are authorized.
Ensure the EOD is run in Mfund/Mpower at the end of the day.
Ensure the valuation of equity shares, G-Sec, bonds, money market instruments, is done as per IRDA guidelines.
Responsible for Liaison with banks, custodian, brokers, counter parties and regulatory authorities.
Responsible for Monitoring of Reconciliation of Bank Accounts, Custody Accounts and Investment Accounts.
Responsible for Monitoring Transfer Instructions to HDFC Bank.
Responsible for Computation of Units to be created / destructed. NAV Calculations
Checking NAV of Unit linked funds
Ensure all income & expenses accrued for the day are accurate
Ensure accurate load calculations are done for each fund for arriving at the unit prices
Monitoring of various Investment limits prescribed by IRDAI.
Monitor investment compliance to statutory norms; address auditor queries, improve effectiveness
Present compliance reports in order to ensure adherence to compliance procedures & regulations.
Responsible for Monitoring of various limits specified in Company Investments and Lending Policy.
Responsible for accurate and Timely reporting of reports to IRDAI (IRDAI quarterly investment returns).
Preparation of ULIP disclosure, TWRR, Mean Yield, Fund Performance, etc
Review the reports generated; Advise on necessary corrections/ amendments in order ensure compliance to processes and procedures Portfolio Risk Management
Benchmarking with competition, indices and analyses of the same.
Preparation of performance attribution reports using performance attribution system.
Ensuring compliance to various investment policies like Stop Loss Policy, Voting Policy, Impairment Policy, etc.


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