Assistant Manager-
Operations, Investments
Gurgaon, Haryana, IndiaAXA XL Investments manages the approx. Euro 38 billion of investment portfolio. 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. Multiple vendors responsible for Data warehouse, custodian information, accounting agent and others are key sources of information. Consumers of this data include Fixed Income, alternative Assets, Investment reporting, Investment Compliance, and Risk management teams. The Investment Reporting and Compliance is a part of Global Investment Operations Group; it is a dedicated group of professionals who ensure that all AXA XL Reporting requirements are met with respective to the cyclical and ad hoc requirements. Reporting currently provides Reporting solutions (Internal and External) to/for the AXA XL investment portfolio. The team currently supports both the front and the back-office counterpart in Bermuda and New York (US). The team is responsible for maintaining a high degree of data integrity, multiple system maintenance, high-end reporting delivery along with other operational tasks for AXA XL Investment Management Ltd. Multiple vendors and teams both within AXX XL and outside are responsible for providing Data and others are key sources of information. The end user for the Reporting includes Legal Entity Management Team/Board, Fixed Income, Alternatives, Risk management teams, regulators and Asset Managers. Compliance ensures regular monitoring of investment portfolio based on predefined Guidelines and it’s reporting thereafter. Compliance team works closely with Fixed Income Team, Portfolio Managers and Market Risk Team by working on compliance exceptions and ensuring remedial action/approval. Key users are CEO, CIO, Risk and Finance Committee and Legal Entity Boards. Team has essential skill set and experience in the field of investment and risk management.
What You’ll Be DOING
What will your essential responsibilities include?
- Produce, analyze, and present Investment and Performance Reports for Internal Teams (Investment and Risk) and external partied (like Regulators and Portfolio Managers).
- Derive investment classifications based on other related information and conduct report testing.
- Create Board report for AXA XL entities which includes Positions reporting viz-a-viz benchmark & compliance limits, Performance, Market and Credit Risk.
- Produce Fixed Income, alternatives and Derivatives reports based on the production calendar.
- Troubleshoot complex excel based reports and re-engineer reports when required. Transition dashboards in MS Excel to QlikView or Power-BI as per the business requirements.
- Provide support to the Investment operations team by being an effective back up and perform tasks subject to the requirements.
- Risk Reporting includes Risk framework like classification-based Risk Appetite, Credit ratings, Sensitivity analysis.
- Perform monthly and Quarterly compliance checks for Fixed Income mainly Corporate, Government & Supranational and ESG inclined Bonds.
- Monthly/quarterly monitoring and compliance exceptions reporting to authorized parties. Liaising on portfolio managers for trade preapproval request.
- Regulatory and Legal compliance monitoring. Scenario based compliance testing and Collateral Asset monitoring.
- Perform other duties as and when assigned by the manager and help manager achieve the desired goal for a period.
- Liaise with other internal and external teams/vendors/auditors to understand, creating a solution and fulfill the requirements.
What You Will BRING
We’re looking for someone who has these abilities and skills:
Required Skills And Abilities
- Bachelor’s/master’s degree in finance/economics or Degree Diploma in Computer with the fair amount of experience in automation and report reengineering.
- CFA / FRM any level or completed would be preferable.
- Deep knowledge about Fixed Income, Alternatives and Derivatives instruments with the respect to reporting.
- Robust experience of MS Excel, Word, and PowerPoint.
- Hands on experience of Power BI (reporting tool) or other BI tools will be preferable. Skills are required for trouble shooting queries and report building for internal and external users.
- Ability to switch priorities and flexibility to work with reporting and Compliance is required.
- Ability to troubleshoot a complex query and deliver the desired solution.
- Relevant years of working experience with Investment Reporting, Portfolio Management Reporting, and asset Management support or from any financial services company.
Desired Skills And Abilities
- Excellent communication skills required to interact with internal colleagues and external vendors to resolve queries or completing a task in hand like creating new reporting schema, implementing reporting changes, transitioning/migrating reporting from onshore team.
- Must be detail conscious, technically motivated, creative, and user oriented.
- Ability to work with huge volume data.
- Must have effective analytical skills to quickly understand, absorb, and implement business intelligence tools in day-to-day work.
- Ability and Skills to efficient time/task management skills.
- Ability to work resiliently and responsibly in flexible environment without compromising the deliverables.
Who WE are
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
What we OFFER
Inclusion
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 enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and 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.
Total Rewards
AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
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.
