Management Associate: CA Fresher position

Role Purpose:

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

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

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

Fund Performance Tracking

• Actual returns
• Compounded annualized growth returns (CAGR returns)
• Benchmark performance
• Time-weighted rate of return

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)

Managing Statutory, Internal, Concurrent auditors

On account of the function being highly important and sensitive, audit takes place on a day-to-day basis