Job Description

:Dated: Oct 09, 2024A Position OverviewPosition TitleExecutive - Investments Operations - Back OfficeDepartmentInvestments Operations xe2x80x93 Finance & AccountsLevel/ BandSenior Executive (CA Fresher / 1-2 yearsxe2x80x99 experience)1. Role Summary:a) Responsible for Banking, Settlement and Accounting of Investments activities; and facilitating Fund Management Team for decision making.b) Needs to have basic understanding and keenness to learn about Capital Market - fixed income, money market and equity market - for settlement of trades including various Corporate Actions like dividends, bonus issue, right issue, split, merger and demerger etc.c) Maintaining cordial relations with various Investments Auditors and Bankers.d) Compliance of related guidelines of IRDAI, RBI, SEBI; ande) Developing understanding about Interest Rate Derivatives, Equity Derivatives.B Organizational RelationshipsReports ToAVP xe2x80x93 Investments OperationsSupervisesNAC Job DimensionsGeographic Area CoveredNationalStakeholders xe2x80x93 InternalFund Managers, Finance & Accounts, Operations, IT and Actuarial Department for Investments Operation activities.ExternalBanks, Custodian, Counterparties & Auditors.D Key Responsibility Areas1) Cash Flow Management for Investment activities xe2x80x93 ensuring deployment of Funds prudently and reconciliations2) Settlement of trades across various asset classes viz., Fixed Income securities, Money Market - Repo / TREPS, Equity, Mutual Fund / ETFs, SLB and Interest rate Derivate mainly FRA3) Determine & Settlement of Margin requirements for Derivative trades and its accounting4) Adhering to regulatory requirement of Banking, Settlement and Accounting for Investments Operations activities.5) Participating in Primary market operations & settlement like IPOxe2x80x99s, PE funds, anchor issues, ASBA FD's etc.6) Ensuring smooth closures of Corporate Actions like Dividend, Bonus, Rights Issue, Merger / Demerger etc.7) Daily Bank and Holding reconciliation8) Complying with KYC norms with various agencies for trade executions.9) Working on SAP IMS and needs to carry out UAT for enhancements of features & smooth functioning of SAP IMS10) Preparing MIS / data and carrying AnalyticsE Skills RequiredTechnicalBehavioralEssentialDesiredInterpersonal skillsxefx82xb7Communication skillsxefx82xb7Creative thinking skillsxefx82xb7Supervising/Leadership skillsxefx82xb7Teamwork Skillsxefx82xb7Influencing skillsxefx82xb7Relationship Building skillsxefx82xb7Decision making skillsxefx82xb7F. Incumbent CharacteristicsEssentialDesiredQualificationCA (preferably in first attempt)Advanced Excel Skill set is desirableBasic understanding of InvestmentsExperienceCA Fresher / 1-2 yearsxe2x80x99 experienceAbout Company:Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tataxe2x80x99s pre-eminent leadership position in India and AIAxe2x80x99s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life has written retail new business weighted premium of Rs. 2,692 crore for the financial year 2019-20. For the same period, the 13th month persistency of the company was at 89.10% and, the individual death claims settlement ratio was 99.06%. One of the fastest growing companies in the Life Insurance sector, Tata AIA Life is now ranked at no. 5, based on individual weighted new business premium.

Tata AIA Life Insurance