ICICI Prudential Life Hiring for Management Associate: CA Fresher position Job at Mumbai Full Time

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

1. 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

2. 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

3. Fund Performance Tracking

Actual returns

Compounded annualized growth returns (CAGR returns)

Benchmark performance

Time-weighted rate of return

4. 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)

5. Managing Statutory, Internal, Concurrent auditors

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