Assistant Manager (Back Office Administration)

LIC Pension Fund Ltd.; Mumbai; Sur place; INR 1 116 000 - 1 364 000; Plein temps

Résumé du poste

LIC Pension Fund Ltd. in Mumbai invites applications for the role of Assistant Manager (Back Office Administration).

This permanent position reports to the Head of Operations and involves managing back-office functions for NPS pension fund schemes, including accounting, reconciliations, clearances, records, and MIS. The role requires 2–5 years of relevant experience, proficiency in MS Office and Tally, and understanding of regulatory requirements.

Qualifications

• Must have MS Office proficiency and Tally.
• Back-office operations for institutional investors.
• Knowledge of regulatory environment and NAV calculations is a plus.

Responsabilités

• Support smooth operations of Front Office.
• Maintain accurate & updated accounts and records of Scheme investments and trail of all transactions per asset class.
• Periodical MIS and submission of compliance to regulators.
• Daily fund inflow/outflow statement generation.
• Settlement of deals completed by front office.
• Preparation / Modification of Security Master of Asset classes.
• Opening and maintaining bank and custodian accounts; reconcile accounts daily.
• Reconciliation and processing of fees/expenses after approvals.
• Prepare PowerPoint presentations for regulatory and internal meetings.
• Assist in audits, compliance notes for committees and finalization of accounts.
• Periodical uploading of data on regulator portals.
• Broker review/empanelment.
• Other duties as assigned by Reporting Officer / Head of office.

Connaissances

Verbal communication

Written communication

Compliance awareness

Attention to detail

Stamina

Formation

Any Graduate

B.Com / BBA with PG in Commerce / Accounting / Business Administration / CA / ICWA / CS Inter

Outils

MS Office

Tally

Investment software

Description du poste

Assistant Manager (Back Office Administration)

Position Title: Assistant Manager (Back Office Administration)

Job Band – Assistant Manager

Location - Mumbai

Scopeof work:

• All NPS pension fund schemes managed by LICPFL
• Accounting; Reconciliations; Clearances; Records, Audit, MIS and Regulatory Compliance

Tenure – Permanent

Position Reportsto – Head of Operations

Job Description

• Support smooth operations of Front Office.
• Maintain, as directed by PFRDA, accurate &updated accounts and records of Scheme investments and trail of alltransactions per asset class in portfolio of LIC PFL.
• Periodical MIS and submission of compliance toNPS Trust and PFRDA or any other statutory authority as and when required.
• Daily fund inflow/outflow statement generation.
• Settlement of Deals completed by front office.
• Preparation / Modification etc. of Security Masterof Asset classes.
• Opening and maintaining of Bank, custodianaccounts / or any other related party, reconciliation of all bank accounts/ custodianholdings on daily basis & follow up for discrepancy / difference.
• Reconciliation and processing of allfees/expense related bills after taking required approval from NPS Trust.
• Preparation of PowerPoint Presentations forregulatory as well as internal meetings.
• Assisting in Audit, Compliances, preparation ofnotes for Committee meetings and finalization of Scheme Accounts and CompanyAccounts.
• Periodical uploading of data on portal of Regulators.
• Broker Review/ Empanelment
• In addition, any other job allocated by the ReportingOfficer / Head of the office

Language: Read, Write, Speak proficiency in English

Age profile (years) – 25 to 40

Educational Qualification: Any Graduate

(Preferred - B. Com / BBA and Post graduation in Commerce / Accounting /Business Administration / CA / ICWA / CS Inter)

Overall : 2 – 5 years

Relevant experience definition:

• Must have expertise in MS-office, Tally.
• Should have worked in a back-office of anyinstitutional investor with Clients in India or overseas; understands Businessenvironment, Regulatory overview and investments
• Should have gained high proficiency in use ofany 1 or 2 of popular Investment software products supporting high volume oftransactions;
• Previous Experience of handling Compliancematter preferrable.
• Experience in Mutual Fund House and knowledgeof NAV Calculations preferrable.

Functional Competencies

Behavioral Competencies

High proficiency in use of Investmentsoftware product(s)

Compliance-oriented

(in using a software aligned with RegulatoryGuidelines)

Accounting principles; Banking transactions-clearances & settlement.

Skillsin Verbal& Written communication

(while dealing with banks and portfolioCompany for reconciliation, clearances & settlements)

Knowledge of Regulatory Compliance andsubmission of Data

Alert in raising flags; quick escalation of matters to concerned authority

Stamina for executions of daily tasks while ensuring smooth operations; Attention to details with no back-log, at end-of-day, ofun-reconciled transactions.

Compensationpayable -Annual fixed compensation is Rs 12.40 Lakhs. Along with Variable pay based onyearly appraisal which is applicable only after successful completion ofprobation period.