Manager – Investment Operations

A Leading Life Insurance Company is seeking a detail-oriented Manager – Investment Operations to join its back-office team. In this pivotal role, you will be responsible for the end-to-end settlement and accounting of investment transactions across diverse asset classes. Furthermore, you will ensure that all fund accounting and NAV calculations are performed with 100% accuracy and in compliance with IRDAI guidelines. Consequently, this position is vital for maintaining the operational integrity of our investment portfolio.

The Manager – Investment Operations must manage relationships with custodians, banks, and brokers to ensure seamless trade settlements. Additionally, you will oversee the management of Provident Fund (PF) operations and ensure timely regulatory reporting. Therefore, the company is looking for a professional with a strong background in investment back-office processes. If you have a meticulous eye for detail and a commitment to operational excellence, this Manager – Investment Operations role offers a premier professional opportunity.

Key Responsibilities

• Oversee the end-to-end settlement process for Fixed Income, Equity, and Money Market trades.
• Ensure accurate and timely NAV calculation and fund accounting for various ULIP and non-linked funds.
• Manage Provident Fund (PF) operations, including contributions, withdrawals, and accounting.
• Liaise with custodians and clearing houses (CCIL/NSDL/CDSL) for trade reconciliation and reporting.
• Ensure strict compliance with IRDAI investment regulations and valuation guidelines.
• Perform daily bank and demat reconciliations to ensure zero discrepancies in stock and cash levels.
• Manage the documentation for investment treaties and corporate actions across the portfolio.
• Prepare and submit periodical investment returns and reports to the regulator and management.
• Oversee the implementation and upgrade of investment management systems (front-to-back).
• Maintain audit-ready documentation for all investment and treasury operations.

Requirements and Qualifications

• MBA Finance, CA, or Post Graduate with a focus on Finance.
• 4 to 7 years of experience in Investment Operations or Fund Accounting.
• Strong technical knowledge of the Indian debt and equity market settlement processes.
• Proficiency in using investment software such as M-Invest, Bloomberg, or SAP.
• Exceptional organizational skills and the ability to manage high-volume transactions accurately.