Deputy Manager, Investment Operations
Location
Bangalore | India
Job description
Gurgaon, Haryana-India
AXA XL Investments manages approx. Euro 38 billion of investment portfolio. AXA XL Investment has three strategic locations for its operations. New York, Bermuda, and India.Investment Operations is responsible for maintaining a high degree of data integrity, multiple system maintenance, and high-end reporting delivery along with other operational tasks for AXA XL Investment Management.
Consumers of this data include Fixed Income, Investment reporting, Investment Compliance, and Risk management teams.
The Data Integrity Team is a part of Global Investment Operations Group, It is a dedicated group of professionals who ensure that all AXA XL cash & and positions data are accurate for critical processes including investment management, analytics, compliance, and regulatory reporting. Cash and position types include, but are not limited to, equities, fixed income, OTC derivative positions (swaps, swaptions, FXs, and), and collateral. The roles and responsibilities will include actively executing data validation controls and related reconciliations by ensuring the Investment book of record is reconciled with the custodian and manager.
The position will be responsible for carrying out other controls including some specific to cash, position reconciliations, and exception management processes ensuring that AXA XL Portfolio data is in line with custodians, counterparties, and other prime record holders every day. The team member will liaise with data vendors, and other internal investment functions like Fixed Income, Risk and Strategy team, Investment Accounting, and Treasury to resolve data-related issues. Your primary upward interaction will be with a direct supervisor or team lead and other Investment Functions across various geographical locations. In this role, you need to analyze and solve moderately complex problems.
DISCOVERyour opportunity What will your essential responsibilities include
- Review reference data attributes of Fixed Income Bonds (ABS, MBS, Corporate Bonds Term loans, Sovereign Bonds), Listed Equity, Private Credit, and Private Equity and work with data vendor & and accounting team to record accurate data points across systems.
- Analyze Investment holdings reports, and review key data points like Security Classifications, Ratings, Analytics, book yields, etc.
- Understand Data models, data flows, and end-to-end solutions and processes.
- Establish a good understanding of data feeds from market data providers like Bloomberg etc.
- Identify defects in data and ensure they are logged appropriately and work with relevant teams to ensure resolution.
- Support and liaise for new data requirements for internal and external reporting, including various regulatory reportings like BSCR and Solv II.
- Maintain Price and NAV Summary for Hedge Fund book based on fund administrator statements.
- Collaborate across various internal teams like Fixed Income, Risk,Reporting, and external vendors, Custodians, and other data providers.
- Perform the monthly CRDB reporting build-up process to AXA Group.
- Leverage tools like Power BI to automate manual processes and controls.
- Perform reconciliation of Custody vendor and asset manager invoices.
- Handle data-related queries self-directly and troubleshoot to provide desired solutions and actively participate in new controls development.
- Perform system-to-system reconciliation across systems to ensure data consistency.
- Communicate effectively across the ladder when discussing the data issues and addressing the ad hoc queries received from other teams.
- Perform other duties as and when assigned by the manager and help the manager achieve the desired goal for a period.
You will report to the Delivery Leader, Data Integrity Group (India)
A division of Global Investment Operations
SHARE your talent We're looking for someone who has these abilities and skills:
Required Skills And Abilities - Bachelor's/Master's degree in Finance/Computer.
- Relevant experience in back office operations in the financial services industry.
- Working knowledge of financial markets & and asset management-related processes and data.
- Good understanding of data management processes including defining Data validation rules, Data exceptions monitoring, and handling.
- Ability to understand and work with data, including creating alignment among various data sources.
- Excellent communication skills required to interact with internal colleagues and external vendors to resolve queries or complete a task at hand.
- Outstanding experience in MS Excel, Word, and PowerPoint.
- Good knowledge of capital market and Investment instruments with the respect to global financial environment.
Desired Skills And Abilities - Must have robust analytical skills with a technical bent of mind.
- Excellent organizational and time management skills.
- Prior experience in working on systems like Bloomberg would be an advantage.
- Knowledge of any BI tool is an advantage, preferably Power BI.
- CFA / FRM (Level -1) preferable (not mandatory).
- Requires minimal supervision and can work self-directly to complete the given task and proactively reach out to the respective team to seek solutions when required.
- Any work experience in VBA/SQL (basic or advanced) would be preferable.
- Must be detail-conscious, technically motivated, creative, and user-oriented.
- Ability to work with huge volumes of data.
- The collective player with the ability to engage with multiple teams in a large organization.
- Professional outlook towards work.
FIND your future AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals, and even some inspirational individuals we don't just provide re/insurance, we reinvent it.
How By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines, and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion & Diversity AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That's why we have made a strategic commitment to attract, develop, advance, and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential.
It's about helping one another — and our business — to move forward and succeed. - Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability, and inclusion with 20 Chapters around the globe
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity . AXA XL is an Equal Opportunity Employer.
Sustainability At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called 'Roots of resilience', focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars - Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We're committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action : We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's 'Hearts in Action' programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see axaxl.com/sustainability
. Flexible Work Eligible Flexible Work Schedule
AXA XL is an Equal Opportunity Employer.
Location IN-IN-Bangalore East
Job Field Operations
Schedule Full-time
Job Type Standard
Job tags
Salary
