Assistant Manager - Investments Operations

Role description

Dated: July 10,2025

APosition Overview

Position Title

Assistant Manager - Investments Operations (Back & Mid Office)

Department

Investments Operations – Finance & Accounts

Level/ Band

Assistant Manager

1.

a)       Ensure smooth working of Investments Cash Flows, Banking & Settlement, Fund Accounting and declaration of daily NAV;

b)      Understanding of all Regulatory and Internal Exposure Norms related to settlement of trades

c)       SAP Investment Management System (IMS) –

(i)                  Addressing day to day issues; and

(ii)                New Development / enhancement with successful completion of UAT testing;

d)      Derivative deal settlement and accounting

e)      MIS and Analytical.

BOrganizational Relationships

Reports To

AVP   – Investments Operations

Supervises

Junior members of Investments Operations team (normally 3-4 officials)

CJob Dimensions

Geographic Area Covered

National

Stakeholders – Internal

Fund Managers, Finance & Accounts, Operations, IT, Risk and Actuarial Department for Investments Operation activities.

External

Banks, Custodian, Counterparties & Auditors and System Vendor

DKey

1)      Prime responsibility would ensure smooth working of Investment Back Office – from morning Cash Flows to daily EOD activities

2)      Ensure compliance of all regulatory and internal norms/ limits on day-to-day basis related to deal settlement for all assets classes

3)      Updation and implementation of SOP Back Office

4)      Managing various Investments Audits and ensure its smooth closures 

5)      Liaising with Banks, Custodian

6)      Strengthening of MIS and share its analytical

7)      Carrying out derivative accounting

8)      Carrying out UAT for SAP IMS bugs as well as new requirements.

9)      Support in preparing data / MIS for Board and its Committees

10)   Grooming team members

ESkills Required

Technical

ü

Behavioral

Essential

Desired

Interpersonal skills

ü

Communication skills

ü

Creative thinking skills

ü

Supervising/Leadership skills

ü

Teamwork Skills

ü

Influencing skills

ü

Relationship Building skills

ü

Decision making skills

ü

F.Incumbent Characteristics

Essential

Desired

Qualification

Chartered Accountant (CA)

Advanced Excel Skills and writing Macros is desirable

Experience

Experience of 3-4 years in Life Insurance industry