Location
Mumbai | India
Job description
- Establishing controls and checks to ensure a robust Investment Compliance and building up a comprehensive information system for internal and external reporting
Organization Context:
- Back Office Investment Compliance role with day to day coordination with Fund Accounting and Treasury team
- Front office Support Continuous support to Front office in terms of regulatory reference and update
- One point contact for all the investment related reporting and regulatory updates
- Team Support Back up to the team members to ensure that there is no break in the normal functioning of the team
- Coordination with Actuary and Finance team on a regular basis
Key Accountabilities
1. Investment Compliance with Regulatory and internal limits. It includes SOD, intra day and EOD checks on limits to ensure proactive compliance with-
- Investment Regulations prescribed by IRDA
- Insurance Act (Investment related)
- Technical Guide to audit of investment function of insurers
- Fund specific investment policy
2. Risk Management framework to ensure proper controls are in place
Market Risk
- Computing various portfolio returns
- Regular limits monitoring and Exception Reporting. Also reporting on movement of prices.
Credit Risk-
- Capture instrument ratings to enable generate statement of downgraded Investments.
- Monitor various regulatory limits on exposure & Rating
- Track of movement of Securities between Approved and Other Investments Status
VaR, Performance attribution etc
3. Fund Performance Tracking
- Actual returns
- Compounded annualized growth returns (CAGR returns)
- Benchmark performance
- Time-weighted rate of return
4. Reportings
- Financial reportings (ULIP Disclosures)
- Regulatory Reportings (IRDA, RBI, SEBI)
- Promoter & Management reportings (ICICI Bank & Prudential)
- Website disclosures ( Assets held, fund performance, historical performance charts and graphs)
5. Managing Statutory, Internal, Concurrent auditors
On account of the function being highly important and sensitive, audit takes place on a day-to-day basis
Job tags
Salary
